Two-Suite Medical
New
For Sale
$1,598,000
1667 N Clyde Morris Boulevard, Daytona Beach, FL 32117
Commercial Sale, Daytona Beach, FL
Property Size4,676 SF
Lot Size0.21 Acres
Price / SF$341.75
Days on Market1
Property Features for 1667 N Clyde Morris Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Professional/Office
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1
Parking features
Parking Lot
Security features
Security System
Accessibility
Accessible Approach with Ramp
Lot features
Cleared
Directions
From I-95, Head east on LPGA Blvd. Turn left onto N Clyde Morris Blvd. The building is down the second driveway on the right from LPGA Blvd.
Subdivision
42 - LPGA to Granada, W of Nova & E of 95
Standard status
Active
APN
5203-02-00-0050
Size
4,676 SF
Lot size
0.21 Acres
Additional Details
Tenant in Place
Yes
Property Use
Medical Office
Taxes and HOA fees
Tax Year
2026
Tax Description
UNIT 5 LAKESIDE PROFESSIONAL CENTER CONDO PER OR 5148 PG 3088 & MB 50 PG 49 & 50 PER OR 5148 PG 3088 PER OR 5269 PG 1863 PER OR 5743 PG 393
Tax Annual Amount
12997
Legal Description
UNIT 5 LAKESIDE PROFESSIONAL CENTER CONDO PER OR 5148 PG 3088 & MB 50 PG 49 & 50 PER OR 5148 PG 3088 PER OR 5269 PG 1863 PER OR 5743 PG 393
Utilities
Sewer type
Public Sewer
Water front features
Pond
Water front
1
Building Details
Year built
2006
Floors in Building
2
Number of units
2
Listing Agency:
Adams, Cameron & Co., Realtors
(386) 677-7966
Listed By:
Bill Cullen · License #3526594
(386) 396-1000
Added: Nov 5
Last Checked: Nov 5 at 9:06PM
MLS# 1232522
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2006, this medical office property is arranged as two suites, both currently leased. One lease runs through 2029 and the other through 2030. The site includes a parking lot, an accessible approach with a ramp, and four bathrooms.
The property occupies a 0.21-acre site on N Clyde Morris Boulevard in Daytona Beach, near I-95, hospitals, shopping, and residential areas. Public sewer serves the property, which also has a pond waterfront feature.
The property occupies a 0.21-acre site on N Clyde Morris Boulevard in Daytona Beach, near I-95, hospitals, shopping, and residential areas. Public sewer serves the property, which also has a pond waterfront feature.
Key Highlights
- Two leased suites, with lease terms through 2029 and 2030
- Built in 2006 on a 0.21‑acre site
- Parking lot and accessible approach with ramp
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,070
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,401,400
$1.4M
Cap Rate 7%
$1,001,000
$1.0M
Cap Rate 9%
$778,556
$778.6K
Market Conditions
NOI Build-Up for 4,676 SF
Gross rent
$101.0K $21.60/SF
− Vacancy
−$7.6K −$1.62/SF
EGI
$93.4K $19.98/SF
− OpEx
−$23.4K −$5.00/SF
NOI
$70.1K $14.99/SF
Area
Volusia County, FL
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,401,400
Cap Rate 7%
$1,001,000
Cap Rate 9%
$778,556
Alternative Uses
Best Use
Office B
$1.00M
$875.9K – $1.17M
NOI $70,070 @ 7.0% cap · market cap 4.38%
Second Best
Healthcare Medical
$971.8K
$850.3K – $1.13M
NOI $68,025 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,513 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32117, FL
28,223
Population
14,392
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,352
Density / Sq Mi
$52,132
Median Household Income
$32,189
Median Earnings
$1,392
Median Rent
$175,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Both suites are leased, with lease terms extending through 2029 and 2030.
Where is this medical office space located?
The property is located at 1667 N Clyde Morris Boulevard Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,598,000.
What are key features of this property?
This property features: Two leased suites, with lease terms through 2029 and 2030; Built in 2006 on a 0.21‑acre site; Parking lot and accessible approach with ramp
