Historic Brick Office
200 Magnolia Avenue, Daytona Beach, FL 32114
COMMERCIAL - Daytona Beach, FL
Type:Office
Property size:
9,444 SFLot size:
0.57 AcresPrice / SF:
$169/SF- Added:
- Aug 27, 2025
- Days on Market:
- 274
- Last Refresh:
- May 27 at 1:06 am
Property Features for 200 Magnolia Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- On Street, Parking Lot, Guest, Off Street, Assigned
- Standard status
- Active
- APN
- 5339-01-09-0014
- Size
- 9,444 SF
- Lot size
- 0.57 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- E 100 FT OF LOT 1 & E 155 FT OF S 1/2 OF LOT 2 BLK 9 DAYTONA MB 2 PG 82 PER OR 3361 PG 1038 PER OR 5908 PG 3976
- Tax Annual Amount
- 17365
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1935
- Flooring type
- Carpet, Tile
- Building materials
- Block, Brick, Stucco
- Roof type
- Shingle
Listing agent Beau Warren License #3207370 (386) 589-5754
Listing office Realty Pros Assured 900 W Granada Blvd Ste 3, Ormond Beach, FL (386) 677-7653
Listing date Aug 27, 2025
MLS# 1217227
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.
HighLights
- Iconic 1930s brick building with nearly 10,000 sq ft of professional office space on over half an acre in historic Daytona Beach.
- Recent capital improvements include newer roof, newer HVAC, extensive waterproofing, sump pump system, and generator hookup.
- Excellent floor plan ideal for multi‑tenant or shared professional use, featuring multiple lobbies, break rooms, private offices, and conference rooms.
- Original craftsmanship with solid wood casings, vintage doors, and crown molding.
- Courtyard retreat with paver patio and lush landscaping.
- Prominent corner lot shaded by mature oaks.
Overview
This brick office building, dating back to the 1930s, is located in the historic district of Daytona Beach. Situated on a corner lot of 0.57 acres shaded by mature oaks, the property offers 9,444 square feet of professional office space. The building retains original architectural details, including solid wood casings, vintage doors, and crown molding, combined with modern updates. Recent capital improvements include a newer roof, newer HVAC system, extensive waterproofing, a sump pump system, and a generator hookup. The interior features multiple lobbies, several break rooms, private offices, and conference rooms, with a floor plan suitable for multi-tenant or shared professional use. A courtyard retreat includes a paver patio and landscaping, providing an outdoor space for employees and guests. The property is suitable for professional firms, creative agencies, medical or legal offices, or a boutique headquarters.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.57M
NOI $141,518 @ 9.00% cap · cautious / downside scenario
Moderate
$2.02M
NOI $141,518 @ 7.00% cap · market / base-case scenario
Aggressive
$2.83M
NOI $141,518 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $204.0k | $21.60 |
| − Vacancy | −$15.3k | −$1.62 |
| EGI | $188.7k | $19.98 |
| − OpEx | −$47.2k | −$5.00 |
| NOI | $141.5k | $14.99 |
9,444 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$2.02M
$1.77M – $2.36M
NOI $141,518 @ 7.0% cap · market cap 8.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.78M
$2.44M – $3.25M
NOI $194,924 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Michael S. Slick, ...
Law Firm
Buckmaster & Ellzey
Law Firm
David Damore Law
Law Firm
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.02071
- Latitude
- 29.209791
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Iconic 1930s office building in Daytona Beach's historic district.
Where is this office building located?
The property is located at 200 Magnolia Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Iconic 1930s brick building with nearly 10,000 sq ft of professional office space on over half an acre in historic Daytona Beach.; Recent capital improvements include newer roof, newer HVAC, extensive waterproofing, sump pump system, and generator hookup.; Excellent floor plan ideal for multi‑tenant or shared professional use, featuring multiple lobbies, break rooms, private offices, and conference rooms.
