Two-Unit Storefront
517 W International Speedway Boulevard, Daytona Beach, FL 32114
For Sale
$699,000
Commercial Sale, Daytona Beach, FL
Property Size2,404 SF
Lot Size0.13 Acres
Price / SF$290.77
Days on Market254
Property Features for 517 W International Speedway Boulevard
General Information
Property type
Property subtype
Zoning description
Bathrooms
Full bathrooms
Rooms
Parking features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Cooling system
Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
Local Living Realty Group
(386) 314-5458
Listed By:
Paul O'Brien · License FL #3289940
(386) 847-1609
Added: Mar 4
Changed: Oct 27
Last Checked: Nov 12 at 8:06AM
MLS# 1223685
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 2,404-square-foot block storefront property contains two nearly matching commercial units. One unit measures 1,100 square feet and is leased to a smoke shop through 2027, while the other provides 1,300 square feet and is temporarily vacant. The building has central air, two bathrooms, hurricane shutters on the front windows, and upgraded electrical and plumbing systems.
Recent improvements include a replaced roof, air-conditioning systems that are two years old, and a parking lot with 9 spaces and pavers along the side. Built in 1939, the property also offers on-street parking and fronts West International Speedway Boulevard in Daytona Beach.
Recent improvements include a replaced roof, air-conditioning systems that are two years old, and a parking lot with 9 spaces and pavers along the side. Built in 1939, the property also offers on-street parking and fronts West International Speedway Boulevard in Daytona Beach.
Key Highlights
- 2,404 square feet arranged as two commercial storefront units
- 1,100‑square‑foot unit leased to a smoke shop through 2027
- 1,300‑square‑foot unit is temporarily vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,642
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,840
$452.8K
Cap Rate 7%
$323,457
$323.5K
Cap Rate 9%
$251,578
$251.6K
Market Conditions
NOI Build-Up for 2,404 SF
Gross rent
$36.1K $15.00/SF
− Vacancy
−$3.7K −$1.55/SF
EGI
$32.3K $13.46/SF
− OpEx
−$9.7K −$4.04/SF
NOI
$22.6K $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%
$452,840
Cap Rate 7%
$323,457
Cap Rate 9%
$251,578
Alternative Uses
Best Use
Retail
$323.5K
$283.0K – $377.4K
NOI $22,642 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$708.8K
$620.2K – $827.0K
NOI $49,619 @ 7.0% cap · market cap 7.10%
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
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,848
Businesses Nearby
95k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Dining 29%
Wawa
Shops & Services
41,181 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
12,229 visits/mo
0.2 miles
Checkers
Dining
6,857 visits/mo
0.2 miles
Sunoco
Shops & Services
6,671 visits/mo
0.5 miles
Burger King
Dining
5,628 visits/mo
0.2 miles
Demographics for 32114, FL
34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Daytona Beach, FL
Properties on Market for Storefront properties in Daytona Beach
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Naughty Petals Floral Studio — 944 W International Speedway Blvd, Daytona Beach, FL 32114
- Zahn's Flowers — 140 W International Speedway Blvd, Daytona Beach, FL 32114
- ARTISTIC FLORIST — 351 dr mary mcleod bethune blvd, daytona beach, fl 32114
Frequently Asked Questions
What type of property is this?
Storefront property - Updated building systems support two nearly matching commercial units with central air and dedicated parking.
Where is this storefront property located?
The property is located at 517 W International Speedway Boulevard Daytona Beach, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2,404 square feet arranged as two commercial storefront units; 1,100‑square‑foot unit leased to a smoke shop through 2027; 1,300‑square‑foot unit is temporarily vacant
