Property profile

116 Center St Daytona Beach, FL 32117

FOR SALE
Investment properties
Property ID
US19-0381450
2,014 SF 0.32 ac lot Built 1964
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1964
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,014 SF
Lot 0.32 ac (13,800 SF)
Zoning code RP
APN 4244-01-33-0016
UPID US19-0381450

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Department Store

Location

116 Center St Daytona Beach, FL 32117
Daytona Beach metro Census 81600 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2014
5 recorded transactions
2025
Price N/A
2014
$135,000
2009
$174,000
2008
Price N/A
2007
$170,000

Zoning & alternative use

RP · Daytona Beach, FL
Zoning description

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,…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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