Historic Mixed-Use
262 South Beach Street Daytona Beach, FL 32114
262 South Beach Street, Daytona Beach, FL, 32114
Contact for pricing
For Sale
Contact for pricing
Two-story mixed-use asset with immediate retail income and potential residential conversion on the second floor.
Property Size12,376 SF
Price / SF$157.63
Days on Market66
Property Features for 262 South Beach Street
General Information
- Standard status
- Active
- Size
- 12,376 SF
- Property subtype
- Business for Sale, Mixed Use, Multifamily
Building Details
- Year Built
- 1918
Listing agency
JP Capital Solutions
Listed by
Jason Postill · License #FL BK3337232
Source
Crexi
Added: May 18 Updated: Jul 22 at 2:13AM Checked: Jul 22 at 2:13AM
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 JP Capital Solutions
Investment Insights
Based on property information with market context.
Beach Street Mixed-Use is a historic two-story mixed-use property with 12,376 square feet of space. The offering provides immediate retail income and includes a value-add opportunity by converting underutilized second-floor space into income-producing residential units.
The property is located at 262 South Beach Street in the heart of downtown Daytona Beach, Florida.
Designed to support both retail and residential uses, the building’s existing mixed-use configuration allows a buyer to expand residential income potential while maintaining retail revenue.
The property is located at 262 South Beach Street in the heart of downtown Daytona Beach, Florida.
Designed to support both retail and residential uses, the building’s existing mixed-use configuration allows a buyer to expand residential income potential while maintaining retail revenue.
Key Highlights
- Two‑story historic mixed‑use building built in 1918
- 12,376 SF mixed‑use asset at 262 South Beach Street in downtown Daytona Beach, Florida
- Immediate retail income with an underutilized second floor that could be converted to residential units
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 | $267.3k | $21.60 |
| − Vacancy | −$22.7k | −$1.84 |
| EGI | $244.6k | $19.76 |
| − OpEx | −$91.7k | −$7.41 |
| NOI | $152.9k | $12.35 |
12,376 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$2.18M
$1.91M – $2.55M
NOI $152,875 @ 7.0% cap · market cap 7.84%
Second Best
Retail
$1.67M
$1.46M – $1.94M
NOI $116,563 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$3.65M
$3.19M – $4.26M
NOI $255,441 @ 7.0% cap · market cap 13.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Original Stavro's Pizza ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two-story mixed-use asset with immediate retail income and potential residential conversion on the second floor.
Where is this mixed-use property located?
The property is located at 262 South Beach Street Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,950,777.
What are key features of this property?
This property features: Two‑story historic mixed‑use building built in 1918; 12,376 SF mixed‑use asset at 262 South Beach Street in downtown Daytona Beach, Florida; Immediate retail income with an underutilized second floor that could be converted to residential units
