Seabreeze Boulevard Commercial Building For
300 Seabreeze Boulevard Daytona Beach, FL 32118
300 Seabreeze Boulevard, Daytona Beach, FL, 32118
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For Sale
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Commercial building with long-term tenants on Seabreeze Boulevard.
Property Size7,521 SF
Price / SF$201.17
Days on Market788
Property Features for 300 Seabreeze Boulevard
General Information
- Standard status
- Active
- Size
- 7,521 SF
- Property subtype
- Retail, Special Purpose, Land, Hospitality, Office, Mixed Use, Industrial
Building Details
- Year Built
- 1937
Listing Agency
Black Pearl Real Estate LLC
Listed by
Loretta Arthur
Source
Crexi
Added: May 21, 2024 Checked: Jul 16 at 9:52 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Black Pearl Real Estate LLC
Investment Insights
Based on property information with market context.
This commercial building on Seabreeze Boulevard offers an opportunity for an owner to occupy one-third of the building while two long-term restaurant tenants contribute to mortgage payments. Situated on a corner lot, the property features frontage on both Seabreeze Boulevard and Peninsula Drive. The established restaurants have a strong following and occupy two-thirds of the building. The property, with a size of 7521 square feet, is suitable for various uses, including a microbrewery, microwinery, attorney's office, entertainment venue, event center, florist, dry cleaner, club or lodge, medical or dental practice, or radio or television studio. The building has a new roof.
Key Highlights
- Income‑producing property: Two long‑term restaurant tenants cover the mortgage.
- Owner‑occupancy opportunity: Allows the owner to occupy 1/3 of the building.
- High‑traffic location: Corner lot with frontage on Seabreeze and Peninsula.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $165.2k | $21.96 |
| − Vacancy | −$12.9k | −$1.71 |
| EGI | $152.3k | $20.25 |
| − OpEx | −$38.1k | −$5.06 |
| NOI | $114.2k | $15.19 |
7,521 SF · lease $21.96/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.63M
$1.43M – $1.90M
NOI $114,209 @ 7.0% cap · market cap 7.55%
Second Best
Office B
$1.61M
$1.41M – $1.88M
NOI $112,702 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$2.22M
$1.94M – $2.59M
NOI $155,233 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sacred Strength Healing
Gym & Fitness Center
Surf Rider Yoga ...
Gym & Fitness Center
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FAQs
What type of property is this?
Mixed-use property - Commercial building with long-term tenants on Seabreeze Boulevard.
Where is this mixed-use property located?
The property is located at 300 Seabreeze Boulevard Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,513,000.
What are key features of this property?
This property features: Income‑producing property: Two long‑term restaurant tenants cover the mortgage.; Owner‑occupancy opportunity: Allows the owner to occupy 1/3 of the building.; High‑traffic location: Corner lot with frontage on Seabreeze and Peninsula.
