Multi-Use Property in Holly
218 Riverside Drive, Holly Hill, FL 32117
COMMERCIAL - Holly Hill, FL
Property size:
9,252 SFLot size:
0.62 AcresPrice / SF:
$162/SF- Added:
- May 16, 2026
- Days on Market:
- 53
- Last Refresh:
- Jul 7 at 1:06 pm
Property Features for 218 Riverside Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Covered, Garage, Secured, Carport
- Security features
- Security
- Standard status
- Active
- APN
- 4244-01-26-0120
- Size
- 9,252 SF
- Lot size
- 0.62 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 37-15-33 LOT 12 EXC W 100 FT & LAND W OF HWY IN FRONT OF SAME BLK 26 MASON & CARSWELLS HOLLY HILL MB 2 PG 90 MB 12 PGS 3-4 PER OR 5248 PGS 4594-4596 INC PER OR 8215 PG 0138 PER OR 8463 PG 0766
- Tax Annual Amount
- 10957
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Window Unit(s), Wall/Window Unit(s), Multi Units, Central Air
- Water source
- Public
Building Details
- Year built
- 1946
- Building materials
- Block, Brick, Concrete, Stucco
- Roof type
- Metal, Shingle
Listing agent Liz Spiletic (386) 679-8655
Listing office America's Elite Realty LLC 235 Riverside Drive Suite 1, Holly Hill, FL (386) 366-0007
Listing date May 16, 2026
MLS# 1226508
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
- Zoned CC1 for multiple potential uses, offering flexibility for commercial, residential, live/work, office, retail, and income options
- Construction materials include block, brick, concrete, and stucco; built in 1946
- Public utilities: public water and public sewer
- Heating includes central and electric (heating); cooling includes central air plus wall/window unit(s)
- Parking features include carport, covered parking, garage, and secured parking
- Property is currently vacant; photos were taken during prior occupancy
Overview
This multi-use property is located along Riverside Drive in Holly Hill. Zoned for multiple potential uses, the property offers flexibility for commercial, residential, live/work, office, retail, or income-producing possibilities. It is located moments from the Halifax River, downtown Daytona Beach, and the area's redevelopment corridor. The property benefits from traffic exposure, accessibility, and growth throughout the surrounding area. Potential uses include professional office space, boutique retail, short-term rental opportunities, mixed-use redevelopment, or an owner-occupied business location. The property's location places it close to beaches, marinas, restaurants, shopping, and major transportation routes. The property is currently vacant and presents an opportunity for renovation, updating, or redevelopment. The lot size is 0.62 acres and the property size is 9252 square feet. The zoning is CC1.
Local 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 | $199.8k | $21.60 |
| − Vacancy | −$17.0k | −$1.84 |
| EGI | $182.9k | $19.76 |
| − OpEx | −$68.6k | −$7.41 |
| NOI | $114.3k | $12.35 |
9,252 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$1.63M
$1.43M – $1.90M
NOI $114,285 @ 7.0% cap · market cap 7.62%
Second Best
Retail
$1.24M
$1.09M – $1.45M
NOI $87,140 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$2.73M
$2.39M – $3.18M
NOI $190,961 @ 7.0% cap · market cap 12.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Holly Hill
- County
- Volusia
- State
- Florida
- Longitude
- -81.029044
- Latitude
- 29.231414
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Versatile property in growing Holly Hill market with redevelopment potential.
Where is this mixed-use property located?
The property is located at 218 Riverside Drive Holly Hill, FL.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Zoned CC1 for multiple potential uses, offering flexibility for commercial, residential, live/work, office, retail, and income options; Construction materials include block, brick, concrete, and stucco; built in 1946; Public utilities: public water and public sewer
