Building Details

Year Built 2001

Listing Agency: Oceans Luxury Realty Full Service LLC

Listed By: Dayanis Purucker · License #3366027 Show Phone

Source: Crexi

Added: Oct 4, 2020 Changed: Sep 25 Last Checked: Oct 5 at 3:37PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oceans Luxury Realty Full Service LLC

Investment Insights

Based on property information with market context.

Key Highlights

• Prime location in Ponce Inlet, right off A1A.
• Modern three‑story professional building with ample parking (50 spaces) on 1.02 acres.
• 3rd floor suite features panoramic views of the Atlantic Ocean, Intracoastal, and Ponce Inlet lighthouse, plus a private wrap‑around balcony.**

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$161,658

Cap Rate

8.51%

Suggested Prices Based on Cap Rates

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

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 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 (±1% cap)

NOI $161,658 @ 7.0% cap · market cap 8.51%

Second Best

Mixed Use

$1.90M

$1.67M – $2.22M (±1% cap)

NOI $133,259 @ 7.0% cap · market cap 7.01%

Theoretical Best

Office A

$3.18M

$2.78M – $3.71M (±1% cap)

NOI $222,664 @ 7.0% cap · market cap 11.72%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Nail Salon Auto Repair Shop Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

161

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

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

Where is this mixed-use property 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: Prime location in Ponce Inlet, right off A1A.; Modern three‑story professional building with ample parking (50 spaces) on 1.02 acres.; 3rd floor suite features panoramic views of the Atlantic Ocean, Intracoastal, and Ponce Inlet lighthouse, plus a private wrap‑around balcony.**