Furnished Short-Term Rental
New
For Sale
$79,900
2700 N ATLANTIC AVENUE #527, Daytona Beach, FL 32118
Beachside furnished unit currently operated as a short-term rental through Airbnb.
Property Size308 SF
Price / SF$259.42
Days on Market5
Property Features for 2700 N ATLANTIC AVENUE #527
General Information
Standard status
Active
Size
308 SF
Property subtype
Condo - Hotel
Additional Details
Furnished
Yes
Multifamily Units
1
Building Details
Year Built
1971
Listing Agency:
REALTY ONE GROUP EVOLVE
(386) 368-7222
Listed By:
Grisell Santiyani · License #0509601
(904) 687-7876
Source:
Endlesssummerrealty
Added: Sep 4
Changed: Sep 8
Last Checked: Sep 8 at 2:45PM
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 REALTY ONE GROUP EVOLVE
Investment Insights
Based on property information with market context.
This furnished short-term rental unit is located in Daytona Beach at 2700 N Atlantic Avenue, Unit 527. The property was built in 1971 and is currently being rented through Airbnb, providing an established short-term rental use.
The beachside setting places the unit near the Atlantic Ocean and within Daytona Beach’s coastal environment. Its condominium-style format supports personal use as well as vacation occupancy, subject to applicable building and local requirements.
The beachside setting places the unit near the Atlantic Ocean and within Daytona Beach’s coastal environment. Its condominium-style format supports personal use as well as vacation occupancy, subject to applicable building and local requirements.
Key Highlights
- Furnished unit at 2700 N Atlantic Avenue #527, Daytona Beach
- Currently rented through Airbnb
- Beachside location near the Atlantic Ocean
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$2,347
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$90.8K
$79.5K – $106.0K
NOI $6,357 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Short term rental property - Beachside furnished unit currently operated as a short-term rental through Airbnb.
Where is this short term rental property located?
The property is located at 2700 N ATLANTIC AVENUE #527 Daytona Beach, FL.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Furnished unit at 2700 N Atlantic Avenue #527, Daytona Beach; Currently rented through Airbnb; Beachside location near the Atlantic Ocean
