Downtown Daytona Beach Riverview
226-230 N Beach Street Daytona Beach, FL 32114
226-230 N Beach Street, Daytona Beach, FL, 32114
$5,250,000
For Sale
$5,250,000
Four-story building in Downtown Daytona Beach with renovation potential.
Property Size32,230 SF
Price / SF$162.89
Days on Market238
Property Features for 226-230 N Beach Street
General Information
- Standard status
- Active
- Size
- 32,230 SF
- Property subtype
- Office
Building Details
- Year Built
- 1961
Listing Agency
SVN | Alliance Commercial Real Estate Advisors
(386) 295-5723
Listed by
John W. Trost, CCIM · License #FL #BK-0160420
(386) 295-5723
Source
Svn
Added: Nov 21, 2025 Checked: Jul 16 at 6:01 am
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.
Local Financial Insights For Office B
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 | $696.2k | $21.60 |
| − Vacancy | −$52.2k | −$1.62 |
| EGI | $644.0k | $19.98 |
| − OpEx | −$161.0k | −$5.00 |
| NOI | $483.0k | $14.99 |
32,230 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
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.
