Downtown Daytona Beach Riverview
For Sale
$5,250,000
226-230 N Beach Street, Daytona Beach, FL 32114
Four-story building in Downtown Daytona Beach with renovation potential.
Property Size32,230 SF
Price / SF$162.89
Days on Market320
Property Features for 226-230 N Beach Street
General Information
Standard status
Active
Size
32,230 SF
Class
B
Property subtype
Office
Building Details
Building Size
32,230 SF
Year Built
1961
Listing Agency:
SVN | Alliance Commercial Real Estate Advisors
Listed By:
John W. Trost, CCIM · License #FL #BK-0160420
(386) 295-5723
Source:
Svn
Added: Nov 21, 2025
Changed: Oct 3
Last Checked: Oct 5 at 4:24PM
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 SVN | Alliance Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This 32,230 square foot freestanding four-story building is located in Downtown Daytona Beach at the corner of Beach Street and Third Avenue. The riverview property, formerly a bank, includes a drive-thru and 59 off-street parking spaces, plus 3 handicap spaces, with additional public on-street parking available. The third and fourth floors have been fully renovated with modern flooring and fresh paint. The first and second floors are ready for custom design. The property is located across from the $31 million Riverfront Esplanade Park and is surrounded by over 60 riverfront shops and restaurants in the Historic Beach Street district. It is one block from the 10-story Brown & Brown Insurance riverfront headquarters and adjacent to the proposed Volusia County Courthouse & Offices. The property is located in a designated OPPORTUNITY ZONE and is near planned improvements, including the renovation of Jackie Robinson Ballpark, the City Island Library, and multiple multi-family and commercial developments. The property has high-visibility building-mounted signage and is ready for owner or investor occupancy. It is located just north of International Speedway Boulevard on the west side of Beach Street.
Key Highlights
- Prime corner location in Downtown Daytona Beach with high visibility and building‑mounted signage.
- Four‑story riverview property with renovated 3rd and 4th floors, offering immediate occupancy potential.
- Located in a designated OPPORTUNITY ZONE with tens of millions of dollars in planned improvements nearby.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$482,967
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,659,340
$9.7M
Cap Rate 7%
$6,899,529
$6.9M
Cap Rate 9%
$5,366,300
$5.4M
Market Conditions
NOI Build-Up for 32,230 SF
Gross rent
$696.2K $21.60/SF
− Vacancy
−$52.2K −$1.62/SF
EGI
$644.0K $19.98/SF
− OpEx
−$161.0K −$5.00/SF
NOI
$483.0K $14.99/SF
Area
Volusia County, FL
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,659,340
Cap Rate 7%
$6,899,529
Cap Rate 9%
$5,366,300
Alternative Uses
Best Use
Office B
$6.90M
$6.04M – $8.05M
NOI $482,967 @ 7.0% cap · market cap 9.20%
Second Best
Retail
$4.34M
$3.79M – $5.06M
NOI $303,558 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$9.50M
$8.32M – $11.09M
NOI $665,227 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,714
Businesses Nearby
Explore this area
Business Placement
Demographics for 32114, FL
34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Four-story building in Downtown Daytona Beach with renovation potential.
Where is this office building located?
The property is located at 226-230 N Beach Street Daytona Beach, FL.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Prime corner location in Downtown Daytona Beach with high visibility and building‑mounted signage.; Four‑story riverview property with renovated 3rd and 4th floors, offering immediate occupancy potential.; Located in a designated OPPORTUNITY ZONE with tens of millions of dollars in planned improvements nearby.
