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Operating Conventional Restaurant
For Sale
$350,000

724 Dr Mary M Bethune Boulevard, Daytona Beach, FL 32114

Commercial Sale, Daytona Beach, FL

Property Size1,120 SF
Lot Size0.14 Acres
Price / SF$312.50
Days on Market329

Property Features for 724 Dr Mary M Bethune Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street
Lot features Corner Lot
Directions 1. Start at the intersection of International Speedway Blvd (US-92) and Nova Road. 2. Go north on Nova Road (toward Mason Ave). 3. Continue straight for about 1 mile. 4. Turn right onto Dr. Mar
Subdivision 34 - Daytona ISB to Mason, E of 95
Standard status Active
APN 5338-88-00-0040
Size 1,120 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 38-15-33 LOT 4 BRUBACHER MB 5 PG 199 MB 6 PG 148 MB 14 PG 164 MB 21 PG 28 OF MASON & COLEMANS DAYTONA DB I PG 151 MB 14 PGS 9-10 PER OR 2759 PG 1564 PER OR 7386 PG 0615 PER OR 7877 PG 4686
Tax Annual Amount 1410
Legal Description 38-15-33 LOT 4 BRUBACHER MB 5 PG 199 MB 6 PG 148 MB 14 PG 164 MB 21 PG 28 OF MASON & COLEMANS DAYTONA DB I PG 151 MB 14 PGS 9-10 PER OR 2759 PG 1564 PER OR 7386 PG 0615 PER OR 7877 PG 4686

Building Details

Year built 1955
Listing Agency: Oceans Luxury Realty Full Service LLC
Listed By: Amaya Albury
Added: Dec 2, 2025 Changed: Oct 2 Last Checked: Oct 27 at 9:06PM
MLS# 1220545

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.

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Investment Insights

Based on property information with market context.

This conventional restaurant property includes 1,120 square feet on a 0.14-acre site and was built in 1955. The business is currently operating, offering an existing commercial use at the property. On-street parking is available.

The property is located at 724 Dr Mary M Bethune Boulevard in Daytona Beach, along the Dr. Mary McLeod Bethune Boulevard corridor. Access is available to Nova Road and International Speedway Boulevard, with Bethune-Cookman University and civic, educational, and residential areas nearby. The site is within the Midtown Community Redevelopment Area and an active redevelopment district.

Key Highlights

  • Currently operating conventional restaurant property
  • 1,120 square feet on a 0.14‑acre site
  • Built in 1955

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,008
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,160 $340.2K
Cap Rate 7%
$242,971 $243.0K
Cap Rate 9%
$188,978 $189.0K
Market Conditions
NOI Build-Up for 1,120 SF
Gross rent
$24.6K $21.96/SF
− Vacancy
−$1.9K −$1.71/SF
EGI
$22.7K $20.25/SF
− OpEx
−$5.7K −$5.06/SF
NOI
$17.0K $15.19/SF
Area
Volusia County, FL
Vacancy
7.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,160
Cap Rate 7%
$242,971
Cap Rate 9%
$188,978

Alternative Uses

Best Use
Specialty Retail
$243.0K
$212.6K – $283.5K (±1% cap)
NOI $17,008 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$330.2K
$289.0K – $385.3K (±1% cap)
NOI $23,117 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

728
Businesses Nearby
36k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 95% Electronics 5%
Dollar General Shops & Services
11,436 visits/mo 0.4 miles
Daytona Toyota Shops & Services
7,960 visits/mo 0.5 miles
AutoZone Shops & Services
6,391 visits/mo 0.5 miles
U-Haul Shops & Services
4,666 visits/mo 0.4 miles
BP Shops & Services
3,965 visits/mo 0.5 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Currently operating restaurant property with on-street parking in Daytona Beach’s Midtown Community Redevelopment Area.
Where is this conventional restaurant located?
The property is located at 724 Dr Mary M Bethune Boulevard Daytona Beach, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Currently operating conventional restaurant property; 1,120 square feet on a 0.14‑acre site; Built in 1955
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