Commercial Redevelopment
For Sale
$1,000,000
614 & 612 E International Speedway Boulevard, Daytona Beach, FL 32118
Commercial Sale, Daytona Beach, FL
Property Size7,280 SF
Price / SF$137.36
Days on Market126
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Property Features for 614 & 612 E International Speedway Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Parking Lot
Lot features
Corner Lot
Directions
On the corner of E. International Speedway Blvd. and South Grandview in Daytona Beach
Subdivision
14 - Daytona Peninsula S of Seabreeze
Standard status
Active
APN
530907200101
Size
7,280 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
IRREG PARCEL IN LOTS 9 & 10 E OF S/LY EXTENSION OF NOBLE ST BLK 20 FUQUAYS DAYTONA BEACH MB 4 PG 197& IN LOT 24 BLK 1 AS SESSORS DAYTONA BEACH MB 3 PG 132 MEAS 46.28 FT ON S ROW INT And IRREG PARCEL IN LOTS 9 10 &11W OF GRANDVIEW AVE BLK 20 FUQUA YS DAYTONA BEACH MB 4 PG 197 & IN LOT 24 BLK 1 ASSESSORS DAY TONA BEACH MB 3 PG 132 MEAS 75.03 FT ON S ROW INTERNATIONAL
Tax Annual Amount
4051
Legal Description
IRREG PARCEL IN LOTS 9 & 10 E OF S/LY EXTENSION OF NOBLE ST BLK 20 FUQUAYS DAYTONA BEACH MB 4 PG 197& IN LOT 24 BLK 1 AS SESSORS DAYTONA BEACH MB 3 PG 132 MEAS 46.28 FT ON S ROW INT And IRREG PARCEL IN LOTS 9 10 &11W OF GRANDVIEW AVE BLK 20 FUQUA YS DAYTONA BEACH MB 4 PG 197 & IN LOT 24 BLK 1 ASSESSORS DAY TONA BEACH MB 3 PG 132 MEAS 75.03 FT ON S ROW INTERNATIONAL
Listing Agency:
Black Pearl Real Estate LLC
(386) 244-9311
Listed By:
Loretta Arthur · License #0547304
(386) 527-2230
Added: Jun 12
Changed: Oct 2
Last Checked: Oct 15 at 5:06PM
MLS# 1227538
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 7280-square-foot commercial land parcel is positioned along International Speedway Boulevard in Daytona Beach. The offering is for land value, with an existing parking lot identified on the property. Its T-4 zoning accommodates consideration of several commercial and mixed-use concepts, including retail, restaurant, bar or lounge, bed-and-breakfast, hospitality, and other compatible development, subject to buyer verification of zoning and permitted uses.
The site is addressed as 614 & 612 E International Speedway Boulevard, Daytona Beach, FL 32118, placing it directly on a major commercial corridor. The property information identifies strong traffic exposure and frontage along the boulevard, supporting visibility for future redevelopment planning.
The site is addressed as 614 & 612 E International Speedway Boulevard, Daytona Beach, FL 32118, placing it directly on a major commercial corridor. The property information identifies strong traffic exposure and frontage along the boulevard, supporting visibility for future redevelopment planning.
Key Highlights
- 7280‑square‑foot commercial land parcel
- T‑4 zoning allows consideration of retail, restaurant, bar or lounge, hospitality, and mixed‑use uses
- Located at 614 & 612 E International Speedway Boulevard, Daytona Beach, FL 32118
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,926
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,798,520
$1.8M
Cap Rate 7%
$1,284,657
$1.3M
Cap Rate 9%
$999,178
$999.2K
Market Conditions
NOI Build-Up for 7,280 SF
Gross rent
$157.2K $21.60/SF
− Vacancy
−$13.4K −$1.84/SF
EGI
$143.9K $19.76/SF
− OpEx
−$54.0K −$7.41/SF
NOI
$89.9K $12.35/SF
Area
Volusia County, FL
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,798,520
Cap Rate 7%
$1,284,657
Cap Rate 9%
$999,178
Alternative Uses
Best Use
Mixed Use
$1.28M
$1.12M – $1.50M
NOI $89,926 @ 7.0% cap · market cap 8.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.15M
$1.88M – $2.50M
NOI $150,259 @ 7.0% cap · market cap 15.03%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
648
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
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Commercial land - T-4 zoning supports consideration of retail, restaurant, hospitality, and mixed-use development.
Where is this commercial land located?
The property is located at 614 & 612 E International Speedway Boulevard Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 7280‑square‑foot commercial land parcel; T‑4 zoning allows consideration of retail, restaurant, bar or lounge, hospitality, and mixed‑use uses; Located at 614 & 612 E International Speedway Boulevard, Daytona Beach, FL 32118
