Oceanfront Short-Term Rental
3501 S Atlantic Avenue, Daytona Beach Shores, FL 32118
For Sale
New
$100,000
Residential Income, Daytona Beach Shores, FL
Property Size385 SF
Lot Size1.00 Acre
Price / SF$259.74
Days on Market1
Property Features for 3501 S Atlantic Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Pool private
Appliances
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Cooling system
Water front features
Water front
Building Details
Year built
Number of units
Roof type
Listing Agency:
Liberty Group Realty, Inc.
(386) 527-3943
Listed By:
Richard Merlino
(386) 233-5279
Added: Nov 9
Last Checked: Nov 9 at 7:06AM
MLS# 1232641
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 385-square-foot, fourth-floor efficiency condo in Daytona Beach Shores has direct oceanfront positioning and a private balcony facing the Atlantic. The kitchen layout is noted as a feature of the unit. Appliances include a refrigerator and microwave; heating is by heat pump, and cooling is provided by wall or window units. The property was built in 1973 and has a private pool. Exterior renovations are in progress.
Ocean access is listed as a waterfront feature. Short-term rentals are permitted without a minimum-stay restriction, subject to applicable regulations.
Ocean access is listed as a waterfront feature. Short-term rentals are permitted without a minimum-stay restriction, subject to applicable regulations.
Key Highlights
- Fourth‑floor efficiency condo with direct oceanfront setting
- 385 square feet with a private balcony and Atlantic Ocean views
- No minimum rental stay requirement, subject to applicable regulations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,934
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$58,680
$58.7K
Cap Rate 7%
$41,914
$41.9K
Cap Rate 9%
$32,600
$32.6K
Market Conditions
NOI Build-Up for 385 SF
Gross rent
$6.0K $15.48/SF
− Vacancy
−$626 −$1.63/SF
EGI
$5.3K $13.85/SF
− OpEx
−$2.4K −$6.23/SF
NOI
$2.9K $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%
$58,680
Cap Rate 7%
$41,914
Cap Rate 9%
$32,600
Alternative Uses
Best Use
Apartment 5plus
$41.9K
$36.7K – $48.9K
NOI $2,934 @ 7.0% cap · market cap 2.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$113.5K
$99.3K – $132.4K
NOI $7,946 @ 7.0% cap · market cap 7.95%
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
394
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
$339,500
Median Home Value
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Market
Average Price Trend$/SF for Short term rental properties in Volusia County, FL
Properties on Market for Short term rental properties in Volusia County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - A private balcony overlooks the Atlantic, with no minimum stay requirement for rentals, subject to applicable regulations.
Where is this short term rental property located?
The property is located at 3501 S Atlantic Avenue Daytona Beach Shores, FL.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Fourth‑floor efficiency condo with direct oceanfront setting; 385 square feet with a private balcony and Atlantic Ocean views; No minimum rental stay requirement, subject to applicable regulations
