Three-Story Office
For Sale
$1,900,000
55 Inlet Harbor Road, Ponce Inlet, FL 32127
Commercial Sale, Ponce Inlet, FL
Property Size10,788 SF
Lot Size1.02 Acres
Price / SF$176.12
Days on Market908
Property Features for 55 Inlet Harbor Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Directions
Take Atlantic Ave south to Inlet Harbor Road.
Subdivision
11 - Ponce Inlet
Standard status
Active
APN
6430-00-02-0061
Size
10,788 SF
Lot size
1.02 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
30-16-34 IRREG PARCEL IN GOV LOTS 2 & 4 BEING S OF & ADJ TO INLET HARBOR RD & W OF S ATLANTIC AVE MEAS 115.43 FT ON E/L & MEAS 355.39 FT ON N/L PER OR 2356 PG 1942 PER OR 4605 PG 0694 PER OR 6144 PGS 2774-2775 PER OR 6386 PGS 0267-0269 INC PER OR 6540 PG 0391
Tax Annual Amount
11539
Legal Description
30-16-34 IRREG PARCEL IN GOV LOTS 2 & 4 BEING S OF & ADJ TO INLET HARBOR RD & W OF S ATLANTIC AVE MEAS 115.43 FT ON E/L & MEAS 355.39 FT ON N/L PER OR 2356 PG 1942 PER OR 4605 PG 0694 PER OR 6144 PGS 2774-2775 PER OR 6386 PGS 0267-0269 INC PER OR 6540 PG 0391
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2001
Building materials
Block, Concrete, Stucco
Listing Agency:
Oceans Luxury Realty Full Service LLC
(386) 236-3700
Listed By:
Kevin Purucker
(386) 235-8190
Added: Feb 26, 2024
Changed: Aug 20
Last Checked: Aug 22 at 5:06PM
MLS# 1120098
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.
Built in 2001, this 10,788-square-foot office building spans three floors and contains multiple suites with block, concrete, and stucco construction. The first floor offers two suites that can function independently or combine into more than 3,000 square feet; one includes a walk-in cooler, refrigerated display case, drink cooler, and bar-height counters. Upper-level space includes elevator access, shared bathrooms, and a larger third-floor suite with four conference rooms, a kitchen area, three bathrooms, a central work area prewired for internet and phone connections, and a wrap-around balcony.
The property occupies 1.02 acres at 55 Inlet Harbor Road in Ponce Inlet, directly off A1A. Parking is provided in an on-site lot with up to 50 spaces, and the building has an on-site fire hydrant. Public water and public sewer serve the property, with central air conditioning and electric heat.
A mix of suite sizes and configurations supports office and other commercial buildouts reflected in the existing improvements, including first-floor space arranged for retail-oriented uses.
The property occupies 1.02 acres at 55 Inlet Harbor Road in Ponce Inlet, directly off A1A. Parking is provided in an on-site lot with up to 50 spaces, and the building has an on-site fire hydrant. Public water and public sewer serve the property, with central air conditioning and electric heat.
A mix of suite sizes and configurations supports office and other commercial buildouts reflected in the existing improvements, including first-floor space arranged for retail-oriented uses.
Key Highlights
- 10,788‑square‑foot, three‑story office building completed in 2001
- 1.02‑acre site at 55 Inlet Harbor Road, directly off A1A
- On‑site parking lot with up to 50 spaces
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
$161,658
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
8.51%
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%
$3,233,160
$3.2M
Cap Rate 7%
$2,309,400
$2.3M
Cap Rate 9%
$1,796,200
$1.8M
Market Conditions
NOI Build-Up for 10,788 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
$233.0K $21.60/SF
− Vacancy
−$17.5K −$1.62/SF
EGI
$215.5K $19.98/SF
− OpEx
−$53.9K −$5.00/SF
NOI
$161.7K $14.99/SF
Area
Volusia County, FL
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
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%
$3,233,160
Cap Rate 7%
$2,309,400
Cap Rate 9%
$1,796,200
Alternative Uses
Best Use
Office B
$2.31M
$2.02M – $2.69M
NOI $161,658 @ 7.0% cap · market cap 8.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.18M
$2.78M – $3.71M
NOI $222,664 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
7
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
Explore this area
Business Placement
Demographics for 32127, FL
29,999
Population
15,898
Households
1.9
Avg Household Size
53
Median Age
30%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,013
Density / Sq Mi
$65,260
Median Household Income
$39,196
Median Earnings
$1,324
Median Rent
$301,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multi-suite office property with elevator access, shared bathrooms, and flexible first-floor commercial suites.
Where is this office building located?
The property is located at 55 Inlet Harbor Road Ponce Inlet, FL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 10,788‑square‑foot, three‑story office building completed in 2001; 1.02‑acre site at 55 Inlet Harbor Road, directly off A1A; On‑site parking lot with up to 50 spaces
