1890 Lpga BlvdDaytona Beach, FL 32117

Property Details for 1890 Lpga Blvd

Year built

2004

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

11.73 AC

Property size (Sq ft)

92,240 SF

Property type

Healthcare properties

Property subtype

Hospitals

APN

5203-03-00-0010

APU

520303000010

Description

This exceptional opportunity presents two medical office suites for lease within the prestigious Twin Lakes Medical Center, a 95,000 square foot multi-specialty complex in Daytona Beach, Florida. Located at 1890 LPGA Boulevard, this property offers convenient access to I-95, AdventHealth Daytona Beach, and Halifax Health Medical Center. The building, constructed in 2004, features elevators and is zoned PD-G Planned Development - General. Two suites are available, offering flexible space options. Suite 230 encompasses 2,111 square feet and includes a waiting room, reception area, nurse's station, procedure room, restroom, three offices, four exam rooms, and a breakroom. Suite 255 offers 1,835 square feet, featuring a waiting room, reception area, nurse's station, restroom, one office, and four exam rooms. The minimum divisible space is 1,835 square feet, with a maximum contiguous space of 2,111 square feet. The building has a total of two suites. Currently, 3,946 square feet are vacant. The property is situated on the northeast corner of LPGA Boulevard and Clyde Morris Boulevard, approximately 1.3 miles from Interstate 95. Estimated CAM, real estate taxes, and insurance are $13.76 per square foot. Available for occupancy in November 2024. This is an ideal location for medical professionals seeking a modern, well-equipped space in a thriving medical hub.

• CAP approach

  CAP return

  Valuation

  6%

  $15,347,872

  6.5%

  $14,167,267

  7%

  $13,155,319

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,841,264

  Geo Method

  $11,841,264

• Alternative Use

  Use

  Valuation

  Residential

  $17,971,776

  Hospitality

  $16,462,050

  Educational

  $13,696,232

  Medical

  $14,167,267

  Retail

  $21,305,250

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Latitude

29.2289

Longitude

-81.0857

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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