Property summary
This exceptional investment opportunity in Holly Hill, Florida, presents a unique three-parcel offering. The centerpiece is a 2,100 square foot, single-story Class C commercial building, built in 1964 and renovated in 2020. Currently vacant, this traditional office space features a blend of offices and open floor plan, ideal for various uses. The building sits on a lot approximately 60 x 232 feet, providing ample space. A significant aspect of this offering is the inclusion of a fully renovated, four-bedroom, three-bathroom house, also approximately 2,100 square feet, perfect for employee housing or short-term rentals. This house, like the commercial building, benefits from recent upgrades including electrical, HVAC, plumbing, kitchen, and appliances. Completing this package is an additional vacant lot, also roughly 60 x 232 feet, offering significant expansion potential. The entire property is zoned R/P and features a rear street entrance. The asking price for the entire three-parcel assemblage is $950,000. The property's APN numbers are 4244-01-33-0016, 424401330017, and 424401330017. This is a rare opportunity to acquire a diverse portfolio of properties in a central location. The former port office building offers a unique character and potential for creative redevelopment.
Property profile
VerifiedCap rate & NOI
Current use
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Department Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of the Residential/Professional (RP) district is to provide for transitional uses that serve as a buffer between single-family residential neighborhoods and commercial uses, including single-family dwellings,…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Daytona Beach market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RP · Daytona Beach, FLThe purpose of the Residential/Professional (RP) district is to provide for transitional uses that serve as a buffer between single-family residential neighborhoods and commercial uses, including single-family dwellings,…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of the Residential/Professional (RP) district is to provide for transitional uses that serve as a buffer between single-family residential neighborhoods and commercial uses, including single-family dwellings,…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RP in Daytona Beach, FL.
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