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    601 Bellevue Ave Daytona Beach, FL 32114

    Sponsored
    For Sale
    $650,000

    Prime location, 7,200 SF, three units.

    Property size:
    7,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property in Daytona Beach, Florida, presents a compelling investment opportunity. Located at 601 Bellevue Avenue, this 7,200 square foot building sits on a generous 28,540.51 square foot lot. Constructed in 1969, the property comprises three distinct units, offering diverse income streams. Currently, two units are leased to established tenants: a successful Chinese takeout restaurant and a long-standing church with a lease extending until 2030, providing immediate and consistent rental income. The third unit, measuring 2,484 square feet, is available for lease, presenting an opportunity to further enhance the property's profitability. The property's mixed-use zoning and strategic location in Daytona Beach, Florida, 32114, make it an attractive investment for both seasoned and emerging investors seeking a stable and potentially high-growth portfolio addition. The asking price is $650,000. This property offers a blend of established income and future development potential, making it a rare find in the competitive Daytona Beach market. The property's size and layout provide flexibility for a variety of uses, ensuring long-term value and adaptability to changing market demands.

    Property Features for 601 Bellevue Ave

    General Information

    Property type
    Churches & religious facilities
    Square Feet
    7,200 SF

    Building Details

    Year Built
    1969
    Units
    3

    HighLights

    • $650,000 asking price.
    • 7,200 square foot mixed‑use building with three units.
    • Located at 601 Bellevue Avenue, Daytona Beach, FL 32114, on a 28,540.51 square foot lot.
    • Built in 1969.
    • Generating lease income from a long‑term restaurant tenant and church (leased until 2030).
    • One 2,484 square foot unit available for lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    China One Chinese Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0215359
    Latitude
    29.1947107

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    FAQs

    What type of property is this?
    Church & religious facility - Prime location, 7,200 SF, three units.
    Where is this church & religious facility located?
    The property is located at 601 Bellevue Ave Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: $650,000 asking price.; 7,200 square foot mixed-use building with three units.; Located at 601 Bellevue Avenue, Daytona Beach, FL 32114, on a 28,540.51 square foot lot.
    Request Owner's contact information
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    Daytona Beach, FL 32114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    601 Bellevue Ave Daytona Beach, FL 32114
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