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    115 Myrtle Ln Daytona Beach, FL 32114

    Sponsored
    For Sale
    $675,000

    Historic Downtown Daytona, Versatile Space

    Property size:
    4,745 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This versatile 4,745 square foot multi-use building, situated on an 8,276.4 square foot lot in historic downtown Daytona Beach, presents a unique investment opportunity. Built in 1958, the concrete block structure boasts high ceilings (with a 10' x 10' overhead door), making it suitable for a wide range of commercial uses. The property includes five dedicated parking spaces, supplemented by ample public parking nearby. Its central location places it conveniently close to the courthouse. The building's features include three separate HVAC systems, two restrooms, a kitchen facility with an exterior door, and a security camera system. A sprinkler system with an audible alarm enhances safety. The property's adaptability allows for multiple businesses to operate simultaneously, making it an ideal investment for entrepreneurs or those seeking a diverse revenue stream. The nearly unlimited potential uses, combined with its prime location, make this a highly attractive property.

    Property Features for 115 Myrtle Ln

    General Information

    Property type
    Amusement parks
    Square Feet
    4,745 SF

    Building Details

    Year Built
    1958

    HighLights

    • $675,000 asking price.
    • 4,745 square foot building on an 8,276.4 square foot lot.
    • Multi‑use building in historic downtown Daytona Beach, FL, near the courthouse.
    • Features 10' x 10' overhead door, high ceilings, and 5 on‑site parking spaces plus ample public parking.
    • Built in 1958, with concrete block construction, three separate HVAC systems, two restrooms, a kitchen facility with exterior door, and a security camera system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Construction Advocates Association Association / Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0196061
    Latitude
    29.2108212

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    FAQs

    What type of property is this?
    Amusement park - Historic Downtown Daytona, Versatile Space
    Where is this amusement park located?
    The property is located at 115 Myrtle Ln Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: $675,000 asking price.; 4,745 square foot building on an 8,276.4 square foot lot.; Multi-use building in historic downtown Daytona Beach, FL, near the courthouse.
    Request Owner's contact information
    115 Myrtle Ln 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
    115 Myrtle Ln Daytona Beach, FL 32114
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