Two-Story Flex Building with
For Sale
$525,000
514 Main Street, Daytona Beach, FL 32118
Commercial Sale, Daytona Beach, FL
Property Size1,968 SF
Lot Size0.02 Acres
Price / SF$266.77
Days on Market139
Property Features for 514 Main Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Retail
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
On Street
Subdivision
Rogers Seabreeze
Lot features
Historic Area
Directions
International Speedway Blvd to A1A go north to Main St go west property is on the south side.
Standard status
Active
APN
5304-01-17-0011
Size
1,968 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W 17.9 FT OF E 36 1/2 FT OF N 65 FT OF LOT 1 BLK 17 ROGERS SEABREEZE PER OR 5046 PG 0520 PER OR 6060 PG 3691
Tax Annual Amount
3986
Legal Description
W 17.9 FT OF E 36 1/2 FT OF N 65 FT OF LOT 1 BLK 17 ROGERS SEABREEZE PER OR 5046 PG 0520 PER OR 6060 PG 3691
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Multi Units, Central Air
Water source
Public
Amenities
balcony
built-out bar
separate entrance
Building Details
Year built
1920
Floors in Building
2
Number of units
1
Flooring type
Concrete, Laminate
Building materials
Block
Roof type
Membrane
Listing Agency:
RE/MAX Signature · RE/MAX International
(386) 673-7001
Listed By:
Greg Antonich
(386) 679-0443
Added: Jun 10
Changed: Oct 2
Last Checked: Oct 26 at 1:06PM
MLS# 1227400
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 1,968-square-foot flex building dates to 1920 and is arranged across two levels. The lower floor contains a street-facing retail storefront occupied by a tattoo parlor, with the tenant expressing interest in remaining. Upstairs, the property includes a built-out bar, living room area, restroom, and an additional rear room suitable for office or storage use. A separate upper-level entrance supports distinct access between the floors, while the balcony extends over Main Street.
The property sits at 514 Main Street in Daytona Beach, within walking distance of the beach, boardwalk, pier, and Ocean Center. It is positioned in an event-oriented area associated with Bike Week, Biketoberfest, and other gatherings. Construction is block, with laminate and concrete flooring, central heating, central air, public water and sewer, membrane roofing, and on-street parking.
The property sits at 514 Main Street in Daytona Beach, within walking distance of the beach, boardwalk, pier, and Ocean Center. It is positioned in an event-oriented area associated with Bike Week, Biketoberfest, and other gatherings. Construction is block, with laminate and concrete flooring, central heating, central air, public water and sewer, membrane roofing, and on-street parking.
Key Highlights
- 1,968 SF, two‑story flex building constructed in 1920
- Large balcony extending over Main Street
- Separate entrance serving the upper level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,192
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,840
$443.8K
Cap Rate 7%
$317,029
$317.0K
Cap Rate 9%
$246,578
$246.6K
Market Conditions
NOI Build-Up for 1,968 SF
Gross rent
$37.3K $18.96/SF
− Vacancy
−$3.2K −$1.61/SF
EGI
$34.1K $17.35/SF
− OpEx
−$11.9K −$6.07/SF
NOI
$22.2K $11.28/SF
Area
Volusia County, FL
Vacancy
8.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,840
Cap Rate 7%
$317,029
Cap Rate 9%
$246,578
Alternative Uses
Best Use
Flex RnD
$317.0K
$277.4K – $369.9K
NOI $22,192 @ 7.0% cap · market cap 4.23%
Second Best
Retail
$264.8K
$231.7K – $308.9K
NOI $18,536 @ 7.0% cap · market cap 3.53%
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 authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,114
Businesses Nearby
Under-served
Demand for This Use
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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
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Configured with a retail storefront below and an entertainment-oriented upper level with a separate entrance.
Where is this flex space 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: 1,968 SF, two‑story flex building constructed in 1920; Large balcony extending over Main Street; Separate entrance serving the upper level
