Two-Unit Retail
501 Plaza Boulevard, Daytona Beach, FL 32118
For Sale
New
$444,900
Commercial Sale, Daytona Beach, FL
Property Size1,606 SF
Lot Size0.17 Acres
Price / SF$277.02
Days on Market2
Property Features for 501 Plaza Boulevard
General Information
Property type
Property subtype
Zoning description
Bathrooms
Full bathrooms
Rooms
Parking features
Security features
Fencing
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
onsite parking
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Nhu-y Le
(386) 308-8022
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 7 at 7:06AM
MLS# 1232600
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.
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 retail property contains two units of approximately 800 square feet apiece, each with a bathroom. The building has block, concrete, and stucco construction, tile flooring, central air conditioning, and heat-pump heating. On-site parking is provided. The full building is scheduled to become available after December 17, 2026.
The property is on Plaza Boulevard in Daytona Beach, near the ocean and Seabreeze High School, Denny’s, Bellaire Plaza, and nearby condominiums. Public water and sewer service are listed, and cable is available.
The property is on Plaza Boulevard in Daytona Beach, near the ocean and Seabreeze High School, Denny’s, Bellaire Plaza, and nearby condominiums. Public water and sewer service are listed, and cable is available.
Key Highlights
- Two units of approximately 800 square feet each
- 0.17‑acre property
- Built in 1969
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,126
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,520
$302.5K
Cap Rate 7%
$216,086
$216.1K
Cap Rate 9%
$168,067
$168.1K
Market Conditions
NOI Build-Up for 1,606 SF
Gross rent
$24.1K $15.00/SF
− Vacancy
−$2.5K −$1.55/SF
EGI
$21.6K $13.46/SF
− OpEx
−$6.5K −$4.04/SF
NOI
$15.1K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,520
Cap Rate 7%
$216,086
Cap Rate 9%
$168,067
Alternative Uses
Best Use
Retail
$216.1K
$189.1K – $252.1K
NOI $15,126 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$473.5K
$414.4K – $552.5K
NOI $33,148 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
143k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 34%
Shops & Services 29%
Groceries 21%
Dining 12%
Publix
Groceries
30,394 visits/mo
0.2 miles
Marshalls
Apparel
22,042 visits/mo
0.3 miles
Ross Dress for Less
Apparel
13,679 visits/mo
0.1 miles
McDonald's
Dining
11,855 visits/mo
0.2 miles
Five Below
Shops & Services
10,104 visits/mo
0.3 miles
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
$339,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Daytona Beach, FL
Properties on Market for Retail space in Daytona Beach
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Separate commercial units provide flexible layouts, with on-site parking serving the property.
Where is this retail space located?
The property is located at 501 Plaza Boulevard Daytona Beach, FL.
What is the asking price?
The asking price for this property is $444,900.
What are key features of this property?
This property features: Two units of approximately 800 square feet each; 0.17‑acre property; Built in 1969
