Mixed-Use Retail and
For Sale
$1,000,000
2016 S Atlantic Avenue, Daytona Beach Shores, FL 32118
COMMERCIAL - Daytona Beach Shores, FL
Property Size3,066 SF
Lot Size0.09 Acres
Price / SF$326.16
Days on Market95
Property Features for 2016 S Atlantic Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Parking Lot
Directions
Exit I-95: Take Exit 260A for US-92 E/W International Speedway Blvd toward Daytona Beach/Airport. Continue East: Follow W International Speedway Blvd east for 5-6 miles, crossing the Halifax River (Main Street Bridge/Broadway Bridge).Turn South: After crossing the bridge and arriving at the oceanfront, turn south onto S Atlantic Ave (SR-A1A S). Arrive: Continue south on S Atlantic Ave to 2016.
Subdivision
13 - Beachside, N of Dunlawton & S Silver
Standard status
Active
APN
5316-21-00-0071
Size
3,066 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 7 EXC S 100 FT MEAS ON ATLANTIC AVE PER DB 470 PG 369 & EXC N 13 FT MEAS ON ATLANTIC AVE BEING 30.9 FT ON W/S ARMSTRONG SUB MB 9 PG 280 PER OR 4888 PG 3725 PER OR 5559 PG 770 PER OR 6831 PG 0985
Legal Description
LOT 7 EXC S 100 FT MEAS ON ATLANTIC AVE PER DB 470 PG 369 & EXC N 13 FT MEAS ON ATLANTIC AVE BEING 30.9 FT ON W/S ARMSTRONG SUB MB 9 PG 280 PER OR 4888 PG 3725 PER OR 5559 PG 770 PER OR 6831 PG 0985
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1952
Floors in Building
2
Number of units
2
Building materials
Concrete, Stucco
Listing Agency:
Roy & Company
(386) 212-0517
Listed By:
Raquel Sotolongo
(386) 307-0577
Added: May 4
Changed: Aug 4
Last Checked: Aug 6 at 10:06AM
MLS# 1226079
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.
Investment Insights
Based on property information with market context.
Located at 2016 S Atlantic Avenue, Daytona Beach Shores, FL 32118, this mixed-use property combines a leased retail space with a separately operated upstairs unit. The ground floor features a 1,866 SF retail space currently leased for $2,500 per month. Upstairs, a 1,200 SF residential unit is operating as a short-term rental (Airbnb), averaging $4,000 per month.
The listing projects an estimated NOI of $78,000 annually with a 7.6% cap rate. The offering notes that multiple parcels may be included, potentially adding two additional retail storefront spaces.
The listing projects an estimated NOI of $78,000 annually with a 7.6% cap rate. The offering notes that multiple parcels may be included, potentially adding two additional retail storefront spaces.
Key Highlights
- Ground‑floor 1,866 SF retail space leased for $2,500/month
- Upstairs 1,200 SF residential unit operates as an Airbnb averaging $4,000/month
- Estimated annual NOI of $78,000 with a 7.6% cap rate
Financial Insights For Mixed Use
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 | $66.2k | $21.60 |
| − Vacancy | −$5.6k | −$1.84 |
| EGI | $60.6k | $19.76 |
| − OpEx | −$22.7k | −$7.41 |
| NOI | $37.9k | $12.35 |
3,066 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$541.0K
$473.4K – $631.2K
NOI $37,873 @ 7.0% cap · market cap 3.79%
Second Best
Retail
$412.5K
$361.0K – $481.3K
NOI $28,877 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$904.0K
$791.0K – $1.05M
NOI $63,282 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor retail is leased while an upstairs unit operates as a short-term rental.
Where is this mixed-use property located?
The property is located at 2016 S Atlantic Avenue Daytona Beach Shores, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Ground‑floor 1,866 SF retail space leased for $2,500/month; Upstairs 1,200 SF residential unit operates as an Airbnb averaging $4,000/month; Estimated annual NOI of $78,000 with a 7.6% cap rate
