Oceanfront Short-Term Rental
For Sale
$169,900
2700 N Atlantic Avenue #214, Daytona Beach, FL 32118
Furnished accommodation offers a kitchenette, private balcony, and access to pools, hot tubs, and fitness facilities.
Property Size640 SF
Price / SF$265.47
Days on Market147
Property Features for 2700 N Atlantic Avenue #214
General Information
Standard status
Active
Size
640 SF
Property subtype
Multi Family
Additional Details
Furnished
Yes
Multifamily Units
1
Amenities
indoor pool
outdoor pools
kiddie pool
hot tubs
fitness center
sauna
on-site laundry facilities
Building Details
Year Built
1971
Listing Agency:
Compass Florida, LLC
(321) 214-8400
Listed By:
Bobby Freeman · License #3076980
(321) 693-1694
Source:
Mccoyfreeman
Added: Jun 6
Changed: Oct 29
Last Checked: Oct 29 at 2:41PM
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 Compass Florida, LLC
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Investment Insights
Based on property information with market context.
This 640-square-foot oceanfront condo was built in 1971 and is offered furnished. The unit has a kitchenette with a 2-burner cooktop, refrigerator, microwave, toaster oven, and pantry, along with a private balcony. Features include a new A/C and a renovated bathroom with a new vanity and walk-in shower. The property is currently undergoing renovation.
Rental options include daily, weekly, and monthly stays. Shared amenities comprise one indoor pool, two outdoor pools, a kiddie pool, two hot tubs, a fitness center, sauna, and on-site laundry. HOA coverage includes water, power, and Wi-Fi. Bellair Plaza, with Publix, Walgreens, shops, and dining, is across the street; Daytona Beach Pier, Main Street, and area attractions are a short distance away.
Rental options include daily, weekly, and monthly stays. Shared amenities comprise one indoor pool, two outdoor pools, a kiddie pool, two hot tubs, a fitness center, sauna, and on-site laundry. HOA coverage includes water, power, and Wi-Fi. Bellair Plaza, with Publix, Walgreens, shops, and dining, is across the street; Daytona Beach Pier, Main Street, and area attractions are a short distance away.
Key Highlights
- Oceanfront condo with direct beach access
- 640 square feet; built in 1971
- Daily, weekly, and monthly rental options
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,877
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$97,540
$97.5K
Cap Rate 7%
$69,671
$69.7K
Cap Rate 9%
$54,189
$54.2K
Market Conditions
NOI Build-Up for 640 SF
Gross rent
$9.9K $15.48/SF
− Vacancy
−$1.0K −$1.63/SF
EGI
$8.9K $13.85/SF
− OpEx
−$4.0K −$6.23/SF
NOI
$4.9K $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%
$97,540
Cap Rate 7%
$69,671
Cap Rate 9%
$54,189
Alternative Uses
Best Use
Apartment 5plus
$69.7K
$61.0K – $81.3K
NOI $4,877 @ 7.0% cap · market cap 2.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$188.7K
$165.1K – $220.2K
NOI $13,210 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
159
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Furnished accommodation offers a kitchenette, private balcony, and access to pools, hot tubs, and fitness facilities.
Where is this short term rental property located?
The property is located at 2700 N Atlantic Avenue #214 Daytona Beach, FL.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Oceanfront condo with direct beach access; 640 square feet; built in 1971; Daily, weekly, and monthly rental options
