Mixed-Use Triplex with Office
162 S PENINSULA Drive Daytona Beach, FL 32118
162 S PENINSULA Drive, Daytona Beach, FL, 32118
$744,900
For Sale
$744,900
MULTI_FAMILY - DAYTONA BEACH, FL
Property Size3,264 SF
Lot Size0.31 Acres
Price / SF$228.22
Days on Market84
Property Features for 162 S PENINSULA Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- RP
- Bedrooms
- 10
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bathroom 2, Bedroom 8, Bathroom 5, Bedroom 5, Bathroom 1, Bedroom 7, Bedroom 3, Bedroom 9, Bathroom 4, Bedroom 10, Bedroom 6, Bedroom 2, Bedroom 4, Bedroom 1
- Interior features
- Accessibility Features
- Exterior features
- Private Entrance
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 530902030112
- Size
- 3,264 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- S 50 FT OF E 135 FT AS LIES W OF PENINSULA DR OF LOT 11 BLK 3 ASSESSORS SUB MB 3 PG 132 & N 10 FT OF ABANDONED ALLEY S OF SAME PER OR 2217 PG 0511 PER OR 5726 PG 1724 PER OR 5842 PG 2844 PER OR 6205 PG 2581 PER OR 7364 PG 0465 PER OR 8223 PG 3321
- Tax Annual Amount
- 5543
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1983
- Floors in Building
- 2
- Building materials
- Metal Frame, Frame
- Roof type
- Shingle
Listing agency
RE/MAX SELECT PROFESSIONALS
(386) 283-4966
Listed by
Jeremie Purdy · License #3338607
(386) 283-0741
Added: May 1 Updated: Jul 22 at 9:52PM Checked: Jul 23 at 7:06AM
MLS# FC318231
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use triplex combines commercial space on the first level with two upper-level apartments. The commercial area includes a waiting room and adjoining receptionist area, along with 8 bay offices, three bathrooms, a laundry room, and a kitchen. Each apartment is a one-bedroom, one-bath layout with a full kitchen and a living and dining area, and the property is fully leased. The building sits on one parcel and includes a newly combined parcel to the north, providing additional space to expand or improve.
For tenant access and outdoor use, there is a parking lot in front of the building and a fenced outdoor common space on the south side, including an entrance door that serves the two apartments.
Significant improvements have been completed, including newly installed concrete polished floors in the commercial area, exterior repainting, new gutters, a new roof, two new HVAC systems, a newly built fence, and a recent survey. The seller also has engineered plans for a parking lot, which are included with the sale. Zoning is RP.
For tenant access and outdoor use, there is a parking lot in front of the building and a fenced outdoor common space on the south side, including an entrance door that serves the two apartments.
Significant improvements have been completed, including newly installed concrete polished floors in the commercial area, exterior repainting, new gutters, a new roof, two new HVAC systems, a newly built fence, and a recent survey. The seller also has engineered plans for a parking lot, which are included with the sale. Zoning is RP.
Key Highlights
- Commercial mix‑use triplex in the heart of Daytona Beach with a leased commercial space and two upstairs apartments
- Commercial portion is 1,632 SF with 8 bay offices, waiting room, receptionist area, three bathrooms, laundry room, and kitchen
- Two apartments, each 800 SF; 1 bedroom and 1 bathroom per unit with full kitchen and living/dining area
Local Financial Insights For Office B
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 | $70.5k | $21.60 |
| − Vacancy | −$5.3k | −$1.62 |
| EGI | $65.2k | $19.98 |
| − OpEx | −$16.3k | −$5.00 |
| NOI | $48.9k | $14.99 |
3,264 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$698.7K
$611.4K – $815.2K
NOI $48,911 @ 7.0% cap · market cap 6.57%
Second Best
Multifamily LT 5
$409.1K
$357.9K – $477.2K
NOI $28,634 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$962.4K
$842.1K – $1.12M
NOI $67,369 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Global Solutions, LLC
Medical Clinic
Nationwide Roadside Assistance ...
Auto Repair Shop
Sml Marketing
Advertising Agency
Discount Vacation Packages ...
Travel Agency
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FAQs
What type of property is this?
Triplex - Triplex features ground-floor office area with waiting room and 8 bay offices plus two leased one-bedroom apartments.
Where is this triplex located?
The property is located at 162 S PENINSULA Drive Daytona Beach, FL.
What is the asking price?
The asking price for this property is $744,900.
What are key features of this property?
This property features: Commercial mix‑use triplex in the heart of Daytona Beach with a leased commercial space and two upstairs apartments; Commercial portion is 1,632 SF with 8 bay offices, waiting room, receptionist area, three bathrooms, laundry room, and kitchen; Two apartments, each 800 SF; 1 bedroom and 1 bathroom per unit with full kitchen and living/dining area
