Two-Story Retail and Social
514 Main Street Daytona Beach, FL 32118
For Sale
$525,000
COMMERCIAL - Daytona Beach, FL
Property Size1,968 SF
Lot Size0.02 Acres
Price / SF$266.77
Days on Market46
Property Features for 514 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking features
- On Street
- 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
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Multi Units, Central Air
- Water source
- Public
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
(386) 673-7001
Listed By:
Greg Antonich · License #0356858
(386) 679-0443
Added: Jun 10
Changed: Jul 24
Last Checked: Jul 25 at 11:06PM
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.
Investment Insights
Based on property information with market context.
This two-story commercial building offers a ground-floor storefront space currently occupied by an established tattoo parlor tenant who would like to remain. The upstairs level is configured as a large social entertainment VIP suite with a built-out bar, living room area, restroom, and a rear room that can serve as an office, storage, or additional living space. The property also includes a large balcony overlooking Main Street.
Located on Main Street in Daytona Beach, the building is described as being steps from the beach, boardwalk, pier, and Ocean Center, and the area hosts events such as Bike Week and Biketoberfest.
The upstairs has a separate entrance, supporting private events or independent use alongside the ground-floor retail storefront.
Located on Main Street in Daytona Beach, the building is described as being steps from the beach, boardwalk, pier, and Ocean Center, and the area hosts events such as Bike Week and Biketoberfest.
The upstairs has a separate entrance, supporting private events or independent use alongside the ground-floor retail storefront.
Key Highlights
- Two‑story retail flex building with a tattoo parlor tenant in the downstairs storefront
- Upstairs VIP suite‑style space with built‑out bar, living room area, restroom, and rear room for office, storage, or living
- Second‑floor balcony over Main St for views of events
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
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Storefront property - Two-story building with a ground-floor storefront and an upstairs social entertainment suite with separate entrance and 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 retail flex building with a tattoo parlor tenant in the downstairs storefront; Upstairs VIP suite‑style space with built‑out bar, living room area, restroom, and rear room for office, storage, or living; Second‑floor balcony over Main St for views of events
