Oceanfront Rental
For Sale
$69,900
2700 N ATLANTIC AVE #507, Daytona Beach, FL 32118
The furnished unit is enrolled in a rental program and allows owner use.
Property Size308 SF
Price / SF$226.95
Days on Market107
Property Features for 2700 N ATLANTIC AVE #507
General Information
Standard status
Active
Size
308 SF
Property subtype
Condo - Hotel
Units
Unit Mix
studio
Multifamily Units
1
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$1,059
Amenities
indoor pool
outdoor pool
sauna
hot tub
gym
Building Details
Building Size
308 SF
Year Built
1971
Listing Agency:
ADAMS, CAMERON & CO., REALTORS
Listed By:
Bill Cullen · License #3526594
(386) 673-2100
Source:
Coastalventures
Added: Jul 13
Changed: Oct 26
Last Checked: Oct 26 at 3:36PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 308-square-foot oceanfront studio condo was built in 1971 and is furnished with a king bed, a queen sleeper sofa, a kitchenette and a bathroom. The unit participates in a rental program, with income described as transferable, and also permits personal use by the owner.
The property is 0.5 mile from Andy Romano Beachfront Park, which has picnic areas and a splash pad. On-site resort amenities include indoor and outdoor pools, a sauna, hot tubs and a gym.
The property is 0.5 mile from Andy Romano Beachfront Park, which has picnic areas and a splash pad. On-site resort amenities include indoor and outdoor pools, a sauna, hot tubs and a gym.
Key Highlights
- 308‑square‑foot furnished oceanfront studio condo
- Enrolled in a rental program; income is described as transferable
- King bed, sitting area with queen sleeper sofa, kitchenette and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,347
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$46,940
$46.9K
Cap Rate 7%
$33,529
$33.5K
Cap Rate 9%
$26,078
$26.1K
Market Conditions
NOI Build-Up for 308 SF
Gross rent
$4.8K $15.48/SF
− Vacancy
−$501 −$1.63/SF
EGI
$4.3K $13.85/SF
− OpEx
−$1.9K −$6.23/SF
NOI
$2.3K $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%
$46,940
Cap Rate 7%
$33,529
Cap Rate 9%
$26,078
Alternative Uses
Best Use
Apartment 5plus
$33.5K
$29.3K – $39.1K
NOI $2,347 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$90.8K
$79.5K – $106.0K
NOI $6,357 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
159
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - The furnished unit is enrolled in a rental program and allows owner use.
Where is this short term rental property located?
The property is located at 2700 N ATLANTIC AVE #507 Daytona Beach, FL.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: 308‑square‑foot furnished oceanfront studio condo; Enrolled in a rental program; income is described as transferable; King bed, sitting area with queen sleeper sofa, kitchenette and bathroom
