Stand-Alone Retail Building with Two
501 Plaza Boulevard Daytona Beach, FL 32118
501 Plaza Boulevard, Daytona Beach, FL, 32118
$489,900
For Sale
$489,900
COMMERCIAL - Daytona Beach, FL
Property Size1,606 SF
Lot Size0.17 Acres
Price / SF$305.04
Days on Market46
Property Features for 501 Plaza Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3
- Parking features
- Parking Lot
- Security features
- Security Lighting
- Fencing
- Chain Link, Fenced
- Standard status
- Active
- APN
- 422501090050
- Size
- 1,606 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- W 50 FT OF S 150 FT OF BLK 9 A ORTONA PARK SEC 3 MB 23 PGS 232 & 233 PER OR 5042 PG 4654 PER OR 6978 PG 4964 PER OR 7027 PG 2240 PER OR 7930 PG 3473 PER OR 8195 PG 0562 PER OR 8317 PG 1886
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump, Central Air
- Water source
- Public
Building Details
- Year built
- 1969
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Concrete, Stucco
- Roof type
- Flat, Tar/Gravel
Listing Agency
EXP Realty LLC
(888) 883-8509
10752 Deerwood Park Blvd Ste 100, Jacksonville, FL
Listed by
Nhu-y Le
(386) 308-8022
Added: Jun 2 Checked: Jul 17 at 10:06 pm
MLS# 1227091
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.
Investment Insights
Based on property information with market context.
This for-sale stand-alone commercial building contains two separate units (Unit A and Unit B), totaling 1,606 square feet, with each unit approximately 800 square feet. The property is offered with no HOA, giving an owner flexibility for occupancy or tenanting. Onsite parking is included to support convenient customer and employee access, and the configuration lends itself to a range of storefront and office-oriented uses.
Located at 501 Plaza Boulevard in Daytona Beach, the property is positioned in the beachside district. The public remarks describe the building as being steps from the beach, with nearby demand drivers including Seabreeze High School, Denny’s, Bellaire Plaza, and surrounding condos.
From a tenant-fit standpoint, the layout is well suited to businesses that benefit from a street-facing presence, whether for an owner-user looking for income-producing space or for operators considering multiple tenants within one building. The listing notes compatibility with concepts such as coffee or bubble tea, as well as general office, retail, and professional services. The seller also indicates strong day-to-day activity drawn from residents, students, tourists, and beachgoers, supported by the building’s visibility and customer-oriented setting.
Located at 501 Plaza Boulevard in Daytona Beach, the property is positioned in the beachside district. The public remarks describe the building as being steps from the beach, with nearby demand drivers including Seabreeze High School, Denny’s, Bellaire Plaza, and surrounding condos.
From a tenant-fit standpoint, the layout is well suited to businesses that benefit from a street-facing presence, whether for an owner-user looking for income-producing space or for operators considering multiple tenants within one building. The listing notes compatibility with concepts such as coffee or bubble tea, as well as general office, retail, and professional services. The seller also indicates strong day-to-day activity drawn from residents, students, tourists, and beachgoers, supported by the building’s visibility and customer-oriented setting.
Key Highlights
- 1,600 SF stand‑alone commercial building with 2 units (Unit A & B), approx. 800 SF each
- No HOA
- Parking lot on site
Local Financial Insights For Office B
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 | $34.7k | $21.60 |
| − Vacancy | −$2.6k | −$1.62 |
| EGI | $32.1k | $19.98 |
| − OpEx | −$8.0k | −$5.00 |
| NOI | $24.1k | $14.99 |
1,606 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$343.8K
$300.8K – $401.1K
NOI $24,066 @ 7.0% cap · market cap 4.91%
Second Best
Retail
$216.1K
$189.1K – $252.1K
NOI $15,126 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$473.5K
$414.4K – $552.5K
NOI $33,148 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Beach Cuts & Spa
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Two-unit stand-alone building with onsite parking, suited for owner-user or multiple tenants.
Where is this storefront property located?
The property is located at 501 Plaza Boulevard Daytona Beach, FL.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: 1,600 SF stand‑alone commercial building with 2 units (Unit A & B), approx. 800 SF each; No HOA; Parking lot on site
