Two-Story Mixed-Use
New
For Sale
$524,900
522 Seabreeze Boulevard, Daytona Beach, FL 32118
Commercial Sale, Daytona Beach, FL
Property Size4,094 SF
Lot Size0.06 Acres
Price / SF$128.21
Days on Market3
Property Features for 522 Seabreeze Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Retail
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 5
Parking features
On Street
Subdivision
East Daytona
Directions
A1A north of International Speedway Blvd to Seabreeze Blvd go west property on the south sige just past Grandview.
Standard status
Active
APN
5305-01-36-0181
Size
4,094 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W 32 FT OF N 95 FT OF LOT 18 BLK 36 EAST DAYTONA PER OR 1866 PG 1183 & OR 6609 PG 4188
Tax Annual Amount
3560
Legal Description
W 32 FT OF N 95 FT OF LOT 18 BLK 36 EAST DAYTONA PER OR 1866 PG 1183 & OR 6609 PG 4188
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central, Varies by Unit (Heating), Electric (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s), Central Air
Water source
Public
Building Details
Year built
1936
Floors in Building
2
Number of units
5
Flooring type
Tile, Wood
Building materials
Brick Veneer
Roof type
Composition
Listing Agency:
RE/MAX Signature · RE/MAX International
(386) 673-7001
Listed By:
Greg Antonich · License #0356858
(386) 679-0443
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 22 at 11:06PM
MLS# 1229910
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.
Located at 522 Seabreeze Boulevard in Daytona Beach, this 4,094-square-foot, two-story mixed-use property contains five leased units. The ground floor includes two commercial spaces facing Seabreeze Boulevard along with a rear residential studio, while the upper level provides two two-bedroom apartment units. A one-car garage is positioned at the rear. Constructed in 1936 with brick veneer, the building features tile and wood flooring, a composition roof, public water, public sewer, and natural gas availability.
The property is within Daytona Beach’s historic Seabreeze district, an area identified with restaurants, bars, shops, banking, and office uses. Current leases support a 7.5% cap rate based on the existing P&L, and one commercial occupant has operated from the property for 15 years.
The property is within Daytona Beach’s historic Seabreeze district, an area identified with restaurants, bars, shops, banking, and office uses. Current leases support a 7.5% cap rate based on the existing P&L, and one commercial occupant has operated from the property for 15 years.
Key Highlights
- 4,094 SF two‑story mixed‑use building constructed in 1936
- Five leased units: two commercial spaces, one studio, and two two‑bedroom apartments
- Two commercial spaces front Seabreeze Boulevard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,559
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$771,180
$771.2K
Cap Rate 7%
$550,843
$550.8K
Cap Rate 9%
$428,433
$428.4K
Market Conditions
NOI Build-Up for 4,094 SF
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.
Gross rent
$61.4K $15.00/SF
− Vacancy
−$6.3K −$1.55/SF
EGI
$55.1K $13.46/SF
− OpEx
−$16.5K −$4.04/SF
NOI
$38.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$771,180
Cap Rate 7%
$550,843
Cap Rate 9%
$428,433
Alternative Uses
Best Use
Mixed Use
$722.4K
$632.1K – $842.9K
NOI $50,571 @ 7.0% cap · market cap 9.63%
Second Best
Retail
$550.8K
$482.0K – $642.7K
NOI $38,559 @ 7.0% cap · market cap 7.35%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,500 @ 7.0% cap · market cap 16.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five leased units combine commercial frontage with residential apartments and a rear studio.
Where is this mixed-use property located?
The property is located at 522 Seabreeze Boulevard Daytona Beach, FL.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: 4,094 SF two‑story mixed‑use building constructed in 1936; Five leased units: two commercial spaces, one studio, and two two‑bedroom apartments; Two commercial spaces front Seabreeze Boulevard
