Furnished Short-Term Rental
For Sale
$110,000
Pending
219 S ATLANTIC AVE #237, Daytona Beach, FL 32118
The one-bedroom, one-bath unit includes a private balcony and access to shared beachfront amenities.
Property Size434 SF
Days on Market214
Property Features for 219 S ATLANTIC AVE #237
General Information
Standard status
Pending
Size
434 SF
Property subtype
Condo - Hotel
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$1,841
Amenities
private balcony
beachfront pool
direct beach access
on-site laundry
spacious community deck
Building Details
Building Size
434 SF
Year Built
1961
Listing Agency:
ADAMS, CAMERON & CO., REALTORS
Listed By:
Alice Cooper · License #3271633
(386) 717-3445
Source:
Coastalventures
Added: Apr 1
Changed: Oct 27
Last Checked: Oct 27 at 3:36AM
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 ADAMS, CAMERON & CO., REALTORS
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Investment Insights
Based on property information with market context.
Set within Daytona Inn Beach Resort on Atlantic Avenue, this furnished one-bedroom, one-bath unit has an open living area, wood-look tile flooring, and a private balcony. The kitchen features blue cabinetry, updated appliances, a subway tile backsplash, and a breakfast bar. Short-term rentals are allowed, and the building dates to 1961.
The resort provides direct beach access, a beachfront pool, on-site laundry, and a community deck. The property is on Daytona Beach’s no-drive beach, with dining, entertainment, and oceanfront attractions nearby.
The resort provides direct beach access, a beachfront pool, on-site laundry, and a community deck. The property is on Daytona Beach’s no-drive beach, with dining, entertainment, and oceanfront attractions nearby.
Key Highlights
- Short‑term rentals allowed
- Furnished one‑bedroom, one‑bath unit with private balcony
- Kitchen includes updated appliances, blue cabinetry, subway tile backsplash, and breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,307
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$66,140
$66.1K
Cap Rate 7%
$47,243
$47.2K
Cap Rate 9%
$36,744
$36.7K
Market Conditions
NOI Build-Up for 434 SF
Gross rent
$6.7K $15.48/SF
− Vacancy
−$705 −$1.63/SF
EGI
$6.0K $13.85/SF
− OpEx
−$2.7K −$6.23/SF
NOI
$3.3K $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%
$66,140
Cap Rate 7%
$47,243
Cap Rate 9%
$36,744
Alternative Uses
Best Use
Apartment 5plus
$47.2K
$41.3K – $55.1K
NOI $3,307 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$128.0K
$112.0K – $149.3K
NOI $8,958 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
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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 one-bedroom, one-bath unit includes a private balcony and access to shared beachfront amenities.
Where is this short term rental property located?
The property is located at 219 S ATLANTIC AVE #237 Daytona Beach, FL.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Short‑term rentals allowed; Furnished one‑bedroom, one‑bath unit with private balcony; Kitchen includes updated appliances, blue cabinetry, subway tile backsplash, and breakfast bar
