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    242 Beach St Daytona Beach, FL 32118

    Sponsored
    For Sale
    $499,999

    Historic Downtown Daytona Beach gem, 2820 sq ft.

    Property size:
    2,820 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional mixed-use property, located at 242 S Beach Street in Daytona Beach, Florida, presents a unique investment opportunity. Built in 1925, this 2,820 square foot building boasts a prime location directly across from Jackie Robinson Ballpark and the newly developed Riverfront Esplanade, a rapidly growing area of the city. The property's previous use as "Downtown Daytona Live" includes a fully equipped bar, readily available for a new owner to utilize or repurpose for another commercial venture. Currently, a portion of the building is occupied by "Rock of Daytona," utilizing three private offices. The building also features both private and shared bathroom facilities. A substantial storage room at the rear of the building offers significant versatility. The property benefits from excellent street frontage. The building is part of a condo association with a quarterly fee of $814.12. Exterior repairs are handled collaboratively among unit owners. A new roof was installed in 2024. The asking price for this historic Daytona Beach property is $499,999. The property is zoned for retail, special purpose, land, mixed use, and office uses. This presents a rare chance to acquire a versatile commercial space in a thriving downtown location.

    Property Features for 242 Beach St

    General Information

    Property type
    Amusement parks
    Square Feet
    2,820 SF

    Building Details

    Year Built
    1925

    HighLights

    • $499,999 asking price.
    • 2,820 square feet, mixed‑use building.
    • Located at 242 S Beach Street, Daytona Beach, FL 32118.
    • Built in 1925, features a complete bar setup.
    • Excellent street frontage across from Jackie Robinson Ballpark and the new Riverfront Esplanade.
    Property Profile Location Intelligence

    Current Use by Public Records

    Downtown Daytona Live Cafe Cinematique Theater Movie Theater

    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
    -81.0009199
    Latitude
    29.2046542

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    FAQs

    What type of property is this?
    Amusement park - Historic Downtown Daytona Beach gem, 2820 sq ft.
    Where is this amusement park located?
    The property is located at 242 Beach St Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $499,999.
    What are key features of this property?
    This property features: $499,999 asking price.; 2,820 square feet, mixed-use building.; Located at 242 S Beach Street, Daytona Beach, FL 32118.
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    242 Beach St Daytona Beach, FL 32118
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    Daytona Beach, FL 32118
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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
    242 Beach St Daytona Beach, FL 32118
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