Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    240 Beach St Daytona Beach, FL 32114

    Sponsored
    For Sale
    $695,000

    Prime Daytona Beach Commercial Property

    Property size:
    3,460 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional mixed-use property at 240 S Beach Street, Daytona Beach, FL 32114, presents a unique investment opportunity. Boasting 3,460 square feet on a 2,461.14 square foot lot, this building, constructed in 1920, offers versatile commercial space ideal for various uses, including warehouse and restaurant operations (though the existing restaurant is not included in the sale). The property benefits from a highly desirable location directly across from a recently renovated, $36 million park, a historic ballpark, and the Halifax River, ensuring high visibility and accessibility to city events and ample parking. Two brand-new HVAC systems and updated electrical panels provide modern infrastructure to support a wide range of businesses. Currently leased through January 2026 under a five-year lease agreement, this property offers immediate income potential. Please note that the tenant should not be disturbed. The asking price is $695,000. This is a building-only sale. The property's prime location and updated systems make it an attractive investment for discerning buyers seeking a strong return on investment in a vibrant Florida coastal city.

    Property Features for 240 Beach St

    General Information

    Property type
    Restaurants
    Square Feet
    3,460 SF

    Building Details

    Year Built
    1920

    HighLights

    • Exceptional mixed‑use property at 240 S Beach Street, Daytona Beach, FL 32114.
    • 3,460 sq ft building on a 2,461.14 sq ft lot, built in 1920.
    • High‑visibility location across from a renovated park, historic ballpark, and Halifax River.
    • Features two new HVAC systems and updated electrical panels.
    • Currently leased through January 2026, offering immediate income; asking price $695,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Little Italy Italian Restaurant Little Italy's Ristorante Italian Restaurant

    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
    -81.0181282
    Latitude
    29.2090895

    Nearby Similar for Sale

    • New
      $875,000
      2,966 SF

      Historic Daytona Beach Bed & Breakfast

      Turnkey bed and breakfast or unique residence in historic Daytona.
      544 S Palmetto Ave, Daytona Beach, FL 32114
      View Details
    • New
      $950,000
      6,296 SF

      Beachside Renovated Multifamily Investment

      Turnkey, fully renovated 8-unit multifamily property near Daytona Beach.
      149 S Hollywood Ave, Daytona Beach, FL 32118
      View Details
    • New
      $950,000
      6,296 SF

      Beachside Daytona Multifamily Investment Opportunity

      Fully renovated, 8-unit multifamily property near Daytona Beach.
      149 S Hollywood Ave, Daytona Beach, FL 32118
      View Details
    • $950,000
      5,904 SF

      Beachside Renovated Multifamily Investment Opportunity

      Turnkey, fully renovated 8-unit multifamily property near Daytona Beach.
      149 S Hollywood Ave, Daytona Beach, FL 32118
      View Details
    • $1,600,000
      9,444 SF

      Historic Brick Office Building

      Iconic 1930s office building in Daytona Beach's historic district.
      200 Magnolia Ave, Daytona Beach, FL 32114
      View Details
    • $1,300,000
      12,518 SF

      Holly Hill Mixed-Use Investment

      Mixed-use property in redevelopment area with income and growth potential.
      468 Ridgewood Ave, Daytona Beach, FL 32117
      View Details
    • New
      $625,000
      2,158 SF

      Daytona Beach Multifamily Investment Property

      Five-unit multifamily property near the beach in Daytona Beach.
      715 Harvey Ave, Daytona Beach, FL 32118
      View Details
    • New
      $625,000
      1,980 SF

      Daytona Beach Multifamily Investment Property

      Five-unit apartment property near the beach in Daytona Beach.
      715 Harvey Ave, Daytona Beach, FL 32118
      View Details
    • $999,000
      3,880 SF

      Daytona Beach Restaurant/Bar Opportunity

      Two-story restaurant/bar with parking in a prime location.
      415 Main St, Daytona Beach, FL 32118
      View Details
    • New
      $499,999
      5,431 SF

      Daytona Beach Multi-Family Investment

      Four-unit property near the beach, ideal for diverse investment strategies.
      132 N Peninsula Dr, Daytona Beach, FL 32118
      View Details
    • New
      $625,000
      1,980 SF

      Daytona Beach Multifamily Investment Opportunity

      Five-unit multifamily property near the beach in Daytona Beach, Florida.
      715 Harvey Ave, Daytona Beach, FL 32118
      View Details
    • $1,399,900
      13,278 SF

      Daytona Beach Gateway Commercial Property

      Freestanding building in a dynamic redevelopment zone, close to beach.
      118 E Fairview Ave, Daytona Beach, FL 32114
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Daytona Beach Commercial Property
    Where is this restaurant located?
    The property is located at 240 Beach St Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: Exceptional mixed-use property at 240 S Beach Street, Daytona Beach, FL 32114.; 3,460 sq ft building on a 2,461.14 sq ft lot, built in 1920.; High-visibility location across from a renovated park, historic ballpark, and Halifax River.
    Request Owner's contact information
    240 Beach St Daytona Beach, FL 32114
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    240 Beach St
    Daytona Beach, FL 32114
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    240 Beach St Daytona Beach, FL 32114
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.