Property profile

601 Bellevue Ave Daytona Beach, FL 32114

OFF-MARKET
Specialty properties
7,200 SF Built 1969
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Property summary

AI-generated overview

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 profile

Verified
Property type Specialty properties
Year built 1969
Total area 7,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

601 Bellevue Ave Daytona Beach, FL 32114
Daytona Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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