Commercial Land with Renovated
For Sale
$799,000
2008 S Atlantic Avenue, Daytona Beach, FL 32118
Commercial Sale, Daytona Beach, FL
Property Size4,200 SF
Lot Size0.10 Acres
Price / SF$190.24
Days on Market275
Property Features for 2008 S Atlantic Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Off Street
Lot features
Irregular Lot
Directions
SOUTH ON A1A FROM INTERNATIONAL SPEEDWAY (92) , 2 MILES. BUILDING ON THE RIGHT. DAYTONA BEACH SHORES NORTH ON A1A FROM DUNLAWTON (421) 5 MILES. BUILDING ON THE LEFT. DAYTONA BEACH SHORES
Subdivision
14 - Daytona Peninsula S of Seabreeze
Standard status
Active
APN
5316-21-00-0060
Size
4,200 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
PART OF LOTS 5 6 & 7 BEING S 35.4FT OF N 40.4 FT MEAS ON E/L DB 444 PG 325 ARMSTRONG SUB MB 9 PG 280 PER OR 5451 PG 2203 PER OR 6131 PG 1753 PER OR 6867 PG 3697 PER OR 8531 PG 2477 PER OR 8545 PG 1731
Tax Annual Amount
4181
Legal Description
PART OF LOTS 5 6 & 7 BEING S 35.4FT OF N 40.4 FT MEAS ON E/L DB 444 PG 325 ARMSTRONG SUB MB 9 PG 280 PER OR 5451 PG 2203 PER OR 6131 PG 1753 PER OR 6867 PG 3697 PER OR 8531 PG 2477 PER OR 8545 PG 1731
Utilities
Cooling system
Central Air
Building Details
Year built
1952
Floors in Building
2
Flooring type
Tile
Building materials
Cement Siding, Concrete, Stucco
Listing Agency:
Lubansky & White Realty
(386) 756-6866
Listed By:
Donald Williams
(386) 308-0535
Added: Feb 4
Changed: Oct 2
Last Checked: Nov 5 at 10:06PM
MLS# 1222621
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.
This commercial land offering includes a two-story building with approximately 4,200 square feet of area. The 1952 structure has undergone extensive renovation, including a new roof, stucco, paint, windows, doors, interior finishes, and mechanical systems. Tile flooring, central air, concrete and stucco construction, and off-street parking are among the existing property features.
The property fronts S Atlantic Avenue in Daytona Beach, with the building positioned along A1A. An ocean view is available from the second floor. The site is identified as 0.1 acres in the property data, while the public remarks reference larger acreage for multiple lots; those conflicting acreage details are not characterized here.
The property fronts S Atlantic Avenue in Daytona Beach, with the building positioned along A1A. An ocean view is available from the second floor. The site is identified as 0.1 acres in the property data, while the public remarks reference larger acreage for multiple lots; those conflicting acreage details are not characterized here.
Key Highlights
- Two‑story commercial building with approximately 4,200 square feet
- Renovated with new roof, stucco, paint, windows, doors, and mechanical systems
- Located on A1A at 2008 S Atlantic Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,558
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$791,160
$791.2K
Cap Rate 7%
$565,114
$565.1K
Cap Rate 9%
$439,533
$439.5K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$63.0K $15.00/SF
− Vacancy
−$6.5K −$1.55/SF
EGI
$56.5K $13.46/SF
− OpEx
−$17.0K −$4.04/SF
NOI
$39.6K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$791,160
Cap Rate 7%
$565,114
Cap Rate 9%
$439,533
Alternative Uses
Best Use
Retail
$565.1K
$494.5K – $659.3K
NOI $39,558 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,688 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 56%
Shops & Services 28%
Hotels & Casinos 16%
Winn-Dixie
Groceries
13,853 visits/mo
0.5 miles
Dollar General
Shops & Services
6,841 visits/mo
0.3 miles
Holiday Inn Resort Daytona Beach Oceanfront
Hotels & Casinos
3,983 visits/mo
0.4 miles
Demographics for 32118, FL
17,906
Population
16,390
Households
1.1
Avg Household Size
58
Median Age
31%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
4,263
Density / Sq Mi
$60,418
Median Household Income
$36,153
Median Earnings
$1,283
Median Rent
$339,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - Two-story commercial improvement with updated exterior systems, interior finishes, and second-floor ocean views.
Where is this commercial land located?
The property is located at 2008 S Atlantic Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑story commercial building with approximately 4,200 square feet; Renovated with new roof, stucco, paint, windows, doors, and mechanical systems; Located on A1A at 2008 S Atlantic Avenue
