Furnished Beachfront
For Sale
$65,000
219 S ATLANTIC AVE #308, Daytona Beach, FL 32118
The 322-square-foot unit includes a kitchenette, flexible sleeping space, and access to a swimming pool.
Property Size322 SF
Price / SF$201.86
Days on Market161
Property Features for 219 S ATLANTIC AVE #308
General Information
Standard status
Active
Size
322 SF
Elevators
Yes
Property subtype
Condo - Hotel
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Furnished
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,598
Amenities
pet-friendly
pool
cable
fiber internet with WiFi
Building Details
Building Size
322 SF
Year Built
1961
Listing Agency:
REALTY PROS ASSURED
Listed By:
Jonathan Gildon
(386) 677-7653
Source:
Coastalventures
Added: May 20
Changed: Oct 26
Last Checked: Oct 26 at 3:26PM
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 REALTY PROS ASSURED
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Investment Insights
Based on property information with market context.
This furnished beachfront condotel in Daytona Beach offers 322 square feet of interior space. The unit has a queen bed, a sofa that converts to a bed, a table and chairs, a smart TV, and a kitchenette equipped with two-burner cooktop, microwave, air fryer grill, and oversized refrigerator. The building dates to 1961 and has elevator access nearby. A pool and parking pass are included.
Building improvements include a roof, pool, seawall, drainage system, paved parking area, and concrete restoration. Pool showers were added, reserves are funded, and the milestone inspection has been passed. The HOA covers utilities and services including electric, water, sewer, trash, cable, fiber internet with WiFi, insurance, grounds and pool maintenance, and monthly pest control.
The beach is directly accessible, with no vehicle driving on the beach in front of the building; drive-on beach access is adjacent. The pier, restaurants, OceanWalk, bandshell, and other entertainment are within walking distance. The property permits rentals without restrictions and is animal friendly.
Building improvements include a roof, pool, seawall, drainage system, paved parking area, and concrete restoration. Pool showers were added, reserves are funded, and the milestone inspection has been passed. The HOA covers utilities and services including electric, water, sewer, trash, cable, fiber internet with WiFi, insurance, grounds and pool maintenance, and monthly pest control.
The beach is directly accessible, with no vehicle driving on the beach in front of the building; drive-on beach access is adjacent. The pier, restaurants, OceanWalk, bandshell, and other entertainment are within walking distance. The property permits rentals without restrictions and is animal friendly.
Key Highlights
- 322‑square‑foot furnished condotel unit
- Beachfront building with a pool and nearby elevator access
- Queen bed and convertible sofa; kitchenette includes a two‑burner cooktop, microwave, air fryer grill, and oversized refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,454
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$49,080
$49.1K
Cap Rate 7%
$35,057
$35.1K
Cap Rate 9%
$27,267
$27.3K
Market Conditions
NOI Build-Up for 322 SF
Gross rent
$5.0K $15.48/SF
− Vacancy
−$523 −$1.63/SF
EGI
$4.5K $13.85/SF
− OpEx
−$2.0K −$6.23/SF
NOI
$2.5K $7.62/SF
Area
Volusia County, FL
Vacancy
10.50%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$49,080
Cap Rate 7%
$35,057
Cap Rate 9%
$27,267
Alternative Uses
Best Use
Apartment 5plus
$35.1K
$30.7K – $40.9K
NOI $2,454 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$94.9K
$83.1K – $110.8K
NOI $6,646 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
750
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - The 322-square-foot unit includes a kitchenette, flexible sleeping space, and access to a swimming pool.
Where is this short term rental property located?
The property is located at 219 S ATLANTIC AVE #308 Daytona Beach, FL.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: 322‑square‑foot furnished condotel unit; Beachfront building with a pool and nearby elevator access; Queen bed and convertible sofa; kitchenette includes a two‑burner cooktop, microwave, air fryer grill, and oversized refrigerator
