Beachside Condo with Large
2800 N ATLANTIC AVENUE 101 Daytona Beach, FL 32118
For Sale
$225,000
Daytona Beach condo with new appliances and large balcony.
Property Size1,058 SF
Price / SF$212.67
Days on Market868
Property Features for 2800 N ATLANTIC AVENUE 101
General Information
- Standard status
- Active
- Size
- 1,058 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1964
Listing Agency:
ADAMS, CAMERON & CO., REALTORS
(828) 768-8899
Listed By:
Michelle Ellis · License #3288671
(828) 768-8899
Source:
Exitrealty
Added: Mar 8, 2024
Changed: Jul 6
Last Checked: Jul 23 at 8:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ADAMS, CAMERON & CO., REALTORS
Investment Insights
Based on property information with market context.
Located in Daytona Beach, this property offers access to sandy shores. The building has undergone recent upgrades, including a new roof, seawall, and plumbing system. The unit features a 52x21 L-shaped balcony. The interior includes tile floors throughout. The remodeled kitchen features soft-close wood cabinets and granite countertop space. The living area is spacious and filled with natural light. New refrigerator, dishwasher and range are scheduled for 2/4/2025. The property size is 1058 square feet. The home has a hurricane slider. All taxes and special assessments have been paid for 2024.
Key Highlights
- Expansive 52x21 L‑shaped balcony with beachside access.
- Lowest priced 2 Bedroom 2 Bathroom in the building.
- Remodeled kitchen with soft‑close wood cabinets, granite countertops, and ample storage.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.4k | $15.48 |
| − Vacancy | −$1.7k | −$1.63 |
| EGI | $14.7k | $13.85 |
| − OpEx | −$6.6k | −$6.23 |
| NOI | $8.1k | $7.62 |
1,058 SF · lease $15.48/SF/yr · vacancy 10.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$115.2K
$100.8K – $134.4K
NOI $8,062 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$312.0K
$273.0K – $364.0K
NOI $21,837 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Daytona Dental Lab
Dental Office
MARISA CHICA
Production Facility
Oceanside Preventative Healthcare
Medical Clinic
A Man Apart, Inc.
Charitable Organization
The Towers - Daytona Beach ...
Housing Association
FAQs
What type of property is this?
Residential income property - Daytona Beach condo with new appliances and large balcony.
Where is this residential income property located?
The property is located at 2800 N ATLANTIC AVENUE 101 Daytona Beach, FL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Expansive 52x21 L‑shaped balcony with beachside access.; Lowest priced 2 Bedroom 2 Bathroom in the building.; Remodeled kitchen with soft‑close wood cabinets, granite countertops, and ample storage.
