Waterfront Auto
For Sale
$900,000
705 N Beach Street N, Daytona Beach, FL 32114
Commercial Sale, Daytona Beach, FL
Property Size4,018 SF
Lot Size0.39 Acres
Price / SF$223.99
Days on Market924
Property Features for 705 N Beach Street N
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Industrial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Gated, Parking Lot, On Street
Subdivision
Venice
Lot features
Drainage Canal
Directions
Just north of Fairview on North Beach St BAC Auto Repairs and parts!
Standard status
Active
APN
5338-05-00-0150
Size
4,018 SF
Lot size
0.39 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOTS 15 & 16 & LAND BETWEEN SAME & WATERWAY VENICE ADD KINGSTON PER OR 2238 PG 826 PER DC 5339 PG 3128 PER OR 6074 PG 3643 PER OR 7715 PG 1488
Tax Annual Amount
4607
Legal Description
LOTS 15 & 16 & LAND BETWEEN SAME & WATERWAY VENICE ADD KINGSTON PER OR 2238 PG 826 PER DC 5339 PG 3128 PER OR 6074 PG 3643 PER OR 7715 PG 1488
Utilities
Water front
1
Amenities
waterfront
Building Details
Year built
1948
Floors in Building
1
Number of units
1
Listing Agency:
Coldwell Banker Commercial Benchmark
(386) 672-8530
Listed By:
Darrel Bofamy · License #3206656
(386) 795-7060
Added: Apr 5, 2024
Changed: Oct 2
Last Checked: Oct 15 at 10:06PM
MLS# 1121897
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.
Located at 705 N Beach Street N in Daytona Beach, this 4,018-square-foot automotive facility includes three large service bays and five lifts. The building also features roll-up doors, two bathrooms, and parking provided through a gated lot and on-street spaces. Constructed in 1948, the property is configured for auto repair operations.
The site includes 148 linear feet of waterfront with access to the Halifax River, part of the Intracoastal Waterway, with onward access toward the ocean. Its location is within a Daytona Beach Community Redevelopment Area and an Opportunity Zone. The property is also near the Riverfront Esplanade and redevelopment activity at Fairview Avenue and Ballough Road, including a new roundabout.
The site includes 148 linear feet of waterfront with access to the Halifax River, part of the Intracoastal Waterway, with onward access toward the ocean. Its location is within a Daytona Beach Community Redevelopment Area and an Opportunity Zone. The property is also near the Riverfront Esplanade and redevelopment activity at Fairview Avenue and Ballough Road, including a new roundabout.
Key Highlights
- 4,018 square feet of automotive facility space
- Three large service bays with five lifts
- 148 linear feet of waterfront access to the Halifax River
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,844
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$756,880
$756.9K
Cap Rate 7%
$540,629
$540.6K
Cap Rate 9%
$420,489
$420.5K
Market Conditions
NOI Build-Up for 4,018 SF
Gross rent
$60.3K $15.00/SF
− Vacancy
−$6.2K −$1.55/SF
EGI
$54.1K $13.46/SF
− OpEx
−$16.2K −$4.04/SF
NOI
$37.8K $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%
$756,880
Cap Rate 7%
$540,629
Cap Rate 9%
$420,489
Alternative Uses
Best Use
Retail
$540.6K
$473.1K – $630.7K
NOI $37,844 @ 7.0% cap · market cap 4.20%
Second Best
Industrial
$341.7K
$299.0K – $398.7K
NOI $23,921 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,932 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,239
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- All American Auto Machine — 405 N Charles St, Daytona Beach, FL 32114
- Indian Motorcycle Daytona Beach — 290 N Beach St, Daytona Beach, FL 32114
- Tech Auto Care — 426 N Segrave St, Daytona Beach, FL 32114
- Bob Sellers Auto Clinic — 405 N Charles St, Daytona Beach, FL 32114
- Old Guy's Garage — 405 N Charles St, Daytona Beach, FL 32114
Frequently Asked Questions
What type of property is this?
Auto shop - Three-bay facility with vehicle lifts, roll-up doors, and gated parking.
Where is this auto shop located?
The property is located at 705 N Beach Street N Daytona Beach, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 4,018 square feet of automotive facility space; Three large service bays with five lifts; 148 linear feet of waterfront access to the Halifax River
