Beach Condo with Ocean
3797 S Atlantic Avenue 404 Daytona Beach, FL 32118
For Sale
$525,000
Furnished condo with ocean views and community amenities.
Property Size1,944 SF
Lot Size0.59 Acres
Price / SF$270.06
Days on Market753
Property Features for 3797 S Atlantic Avenue 404
General Information
- Standard status
- Active
- Size
- 1,944 SF
- Lot size
- 0.59 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2019
Listing Agency:
Executive Realty Group LLC
(386) 675-2176
Listed By:
Pinky Reilly
(386) 675-2176
Source:
Exitrealty
Added: Jul 2, 2024
Changed: Jul 6
Last Checked: Jul 23 at 8:57AM
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 Executive Realty Group LLC
Investment Insights
Based on property information with market context.
This charming, boutique-style building features only 28 units. Community amenities include a seaside pool and spa, outside shower, gym, restrooms, billiard room, and catering kitchen. A clubhouse-style parlor with a bar and media room is available for gatherings and social activities. This fully furnished home features Capel Timber and Brazilian tiles throughout an open floor plan. The kitchen includes Bianco granite tops, a breakfast bar, a double-undermount stainless sink with a gooseneck faucet, stainless appliances, custom recessed lighting, white raised panel cabinetry with pull-out drawers, and a separate pantry closet. The spacious living room and dining room combo features a whitewash beaded pendant chandelier and ceiling fan, and opens to a river view balcony. The primary bedroom offers views and sliding doors to the balcony, an en-suite bath, and a walk-in closet. Both guest rooms are equipped with Murphy Bed systems, creating space for guests while maintaining a den or home office. The guest bath is centrally located and offers a storage tower. Additional upgrades include ceiling fans, custom remote control blinds, televisions, and a washer and dryer. The property size is 1944 square feet.
Key Highlights
- Oceanfront location with direct access to the Atlantic Ocean
- Fully furnished, move‑in ready condo with high‑end finishes (Capel Timber, Brazilian tiles, Bianco granite)
- Enjoy community amenities including seaside pool and spa, gym, and clubhouse with catering kitchen and media room
Financial Insights For Apartment 5plus
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 | $30.1k | $15.48 |
| − Vacancy | −$3.2k | −$1.63 |
| EGI | $26.9k | $13.85 |
| − OpEx | −$12.1k | −$6.23 |
| NOI | $14.8k | $7.62 |
1,944 SF · lease $15.48/SF/yr · vacancy 10.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$211.6K
$185.2K – $246.9K
NOI $14,813 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$573.2K
$501.6K – $668.7K
NOI $40,124 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
FAQs
What type of property is this?
Residential income property - Furnished condo with ocean views and community amenities.
Where is this residential income property located?
The property is located at 3797 S Atlantic Avenue 404 Daytona Beach, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Oceanfront location with direct access to the Atlantic Ocean; Fully furnished, move‑in ready condo with high‑end finishes (Capel Timber, Brazilian tiles, Bianco granite); Enjoy community amenities including seaside pool and spa, gym, and clubhouse with catering kitchen and media room
