Property profile

123 Live Oak Ave Daytona Beach, FL 32114

FOR SALE
Investment properties
Property ID
US18-0314235
3,807 SF 0.28 ac lot Built 1949
Entity Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional two-story, 4,335 square foot executive office building in Daytona Beach, Florida, presents a compelling investment opportunity. Built in 1949 and situated on a 12,100.97 square foot lot, the property boasts a prime location near the courthouse, shops, restaurants, the yacht club, and marina. The building features seven offices (two currently used as meeting rooms), a dedicated conference room, two bathrooms, a shower, and a private parking lot with twelve spaces. The ground floor is finished with ceramic tile, while the upper floor has carpeting. Modern amenities include a security system, fire and smoke detectors, and remote entry with magnetic doors for both reception areas. The building is zoned R/P and is ready for immediate occupancy. This turnkey property offers significant potential for growth in a thriving downtown area experiencing increased residential development and economic expansion, driving high demand for commercial space. Furnishings are negotiable separately. This well-maintained property is an ideal addition to an investment portfolio or a perfect location for a business seeking to establish a presence in a vibrant community.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1949
Construction WOOD
Total area 3,807 SF
Lot 0.28 ac (12,100 SF)
APN 5339-01-03-0061
UPID US18-0314235

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
  • Law Firm
  • Law Firm

Location

123 Live Oak Ave Daytona Beach, FL 32114
Daytona Beach metro Census 82201 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$725k
Comparable Approach Comparable
$578k
Blend (final) Blend
$280k

Owner & transaction history

since 2015
6 recorded transactions
2015
$282,000
2006
$450,000
2005
$330,000
2004
$181,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $945,000 +97.1%
Neighborhood: shopping center $810,000 +68.3%
Medical building $745,000 +55.2%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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