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    1909 S ATLANTIC Ave 4030 Daytona Beach, FL 32118

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    For Sale
    $175,888

    Charming beachfront condo with ocean views and rental potential.

    Type:Commercial
    Property size:
    793 SF
    Price / SF:
    $221/SF
    Added:
    Apr 24, 2026
    Days on Market:
    15
    Last Refresh:
    Apr 24 at 4:24 pm

    Property Features for 1909 S ATLANTIC Ave 4030

    General Information

    Standard status
    Active
    Size
    793 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1973

    We can help!

    Listing Contact
    Benjamin Larbus

    Listing agent Benjamin Larbus

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 Benjamin Larbus

    HighLights

    • Breathtaking Ocean Views: Uninterrupted, direct views of the Atlantic Ocean from a corner unit.
    • Prime Daytona Beach Location: Steps from the boardwalk, nightlife, and recreational activities with direct beach access.
    • Oceanfront Amenities: Includes a sparkling pool, tiki bar, and outdoor seating.
    • Short‑Term Rental Potential: Excellent investment opportunity; self‑manage or use building's rental program.
    • Fully Furnished: Sold fully furnished and ready for immediate use.
    • Owner Financing Available

    Overview

    Daytona Beach Double Studio Condo

    Located in Daytona Beach, this 793 square foot double studio condo offers a beachfront lifestyle. The corner unit provides views of the Atlantic Ocean. Situated in a sought-after area, the property is near the boardwalk, nightlife, and recreational activities. Amenities include direct beach access, an oceanfront pool, a tiki bar, and outdoor seating. Currently operating as a long-term rental, this condo presents an investment opportunity. The layout integrates living, dining, and sleeping areas. The property is sold fully furnished and ready for use. The building's rental program offers hassle-free income. The property is located in an area that is somewhat bikeable, car-dependent, and has some transit options.
    Location Intelligence

    Current Use by Public Records

    Daytona Beach Shores ... Hotel & Motel Oceanside Inn Hotel & Motel ATM Atm Ocean Beach Condominium Vacation Rental Tiki Bar Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -80.99666
    Latitude
    29.204624

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    FAQs

    What type of property is this?
    Short term rental property - Charming beachfront condo with ocean views and rental potential.
    Where is this short term rental property located?
    The property is located at 1909 S ATLANTIC Ave 4030 Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $175,888.
    What are key features of this property?
    This property features: Breathtaking Ocean Views: Uninterrupted, direct views of the Atlantic Ocean from a corner unit.; Prime Daytona Beach Location: Steps from the boardwalk, nightlife, and recreational activities with direct beach access.; Oceanfront Amenities: Includes a sparkling pool, tiki bar, and outdoor seating.
    (419) 231-0668
    We can help!
    Listing Contact
    Benjamin Larbus
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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