Two-Story Retail Flex
514 Main Street, Daytona Beach, FL 32118
Two-story retail flex property with a downstairs storefront and an upstairs social suite featuring a balcony.
Type:Retail
Property size:
1,968 SFPrice / SF:
$266/SF- Added:
- Jun 10, 2026
- Days on Market:
- 18
- Last Refresh:
- Jun 20 at 4:23 am
Property Features for 514 Main Street
General Information
- Standard status
- Active
- Size
- 1,968 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1920
Listing office RE/MAX Signature
Listing date Jun 10, 2026
Source Crexi
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 RE/MAX Signature
HighLights
- Two‑story Main St retail flex building built in 1920 in Daytona Beach, FL
- Downstairs retail storefront currently occupied by an established tattoo parlor
- Upstairs social entertainment VIP suite with built‑out bar, living room area, restroom, and rear room for office/storage/living
- Upstairs has a separate entrance and can be used for private events
- Large balcony over Main Street overlooking events
Overview
This two-story retail flex building includes a ground-floor storefront that is currently occupied by a tattoo parlor. Upstairs, the layout is built out as a social entertainment VIP suite with a bar, living room area, restroom, and a rear room that can serve as an office, storage, or additional living space. The second level also features a large balcony overlooking Main Street, providing outdoor space for events and gatherings. Upstairs has a separate entrance, supporting flexible private access.
Located on world-famous Main St in Daytona Beach, the property is just steps from the beach, boardwalk, and pier. The area is associated with major seasonal events including Bike Week and Biketoberfest, along with other community happenings, which can be a practical consideration for operators seeking a high-activity setting.
For buyers and tenants, the configuration supports mixed-use operation or multi-level tenanting, with a street-facing retail presence below and a private-access social/entertainment or office/storage alternative above. The upstairs suite’s built-out bar, restroom, and common areas make it well suited for uses that benefit from self-contained functionality and event-day foot traffic.
Located on world-famous Main St in Daytona Beach, the property is just steps from the beach, boardwalk, and pier. The area is associated with major seasonal events including Bike Week and Biketoberfest, along with other community happenings, which can be a practical consideration for operators seeking a high-activity setting.
For buyers and tenants, the configuration supports mixed-use operation or multi-level tenanting, with a street-facing retail presence below and a private-access social/entertainment or office/storage alternative above. The upstairs suite’s built-out bar, restroom, and common areas make it well suited for uses that benefit from self-contained functionality and event-day foot traffic.
Local Financial Insights For Specialty Retail
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 | $43.2k | $21.96 |
| − Vacancy | −$3.4k | −$1.71 |
| EGI | $39.8k | $20.25 |
| − OpEx | −$10.0k | −$5.06 |
| NOI | $29.9k | $15.19 |
1,968 SF · lease $21.96/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$426.9K
$373.6K – $498.1K
NOI $29,885 @ 7.0% cap · market cap 5.69%
Second Best
Office B
$421.3K
$368.6K – $491.5K
NOI $29,490 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$580.3K
$507.8K – $677.0K
NOI $40,620 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0110924
- Latitude
- 29.2255276
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Two-story retail flex property with a downstairs storefront and an upstairs social suite featuring a balcony.
Where is this storefront property located?
The property is located at 514 Main Street 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: Two‑story Main St retail flex building built in 1920 in Daytona Beach, FL; Downstairs retail storefront currently occupied by an established tattoo parlor; Upstairs social entertainment VIP suite with built‑out bar, living room area, restroom, and rear room for office/storage/living
