Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    150 Peninsula Dr Daytona Beach, FL 32118-4490
    Back to Search
    Property profile & analytics

    150 Peninsula Dr, Daytona Beach, FL 32118-4490

    View on Map
    • Investment properties
    • 1,629 SF
    • 0.18 lot acres
    Off-Market
    Property ID
    US18-4075767
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jacob L Armanious / Dental Office

    Property Details for 150 Peninsula Dr

    Year built
    1903
    Construction
    WOOD
    Lot size
    0.18 lot acres
    Zone code
    RP
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    5309-02-03-0100
    APU
    530902030100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0113
    Latitude
    29.2217
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,631
    $76,250
    $41,101
    $117,351
    -
    $76,250
    $41,101
    $117,351

    Comparable in this City

    • Value Estimation by Request
      2,773 SF

      528 Halifax Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      528 Halifax Ave, Daytona Beach, FL 32118-4018
      View Details
    • Value Estimation by Request
      2,172 SF

      940 Halifax Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      940 Halifax Ave, Daytona Beach, FL 32118-3733
      View Details
    • Value Estimation
      $505,000
      1,942 SF

      408 Wild Olive Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      408 Wild Olive Ave, Daytona Beach, FL 32118-3938
      View Details
    • Value Estimation by Request
      1,052 SF

      2625 Atlantic Ave, Unit 2SW

      STORE/OFFICE (MIXED USE)
      2625 Atlantic Ave, Daytona Beach, FL 32118-5676
      View Details
    • Value Estimation
      $5,500,000
      22,048 SF

      515 Atlantic Ave

      STORE/OFFICE (MIXED USE)
      515 Atlantic Ave, Daytona Beach, FL 32118-4507
      View Details
    • Value Estimation by Request
      693 SF

      1260 Atlantic Ave

      STORE/OFFICE (MIXED USE)
      1260 Atlantic Ave, Daytona Beach, FL 32118-3631
      View Details

    Similar Nearby for Sale

    • $849,000
      6,600 SF

      Daytona Beach Shores Live-Work Property

      Live and work in this unique property near the beach.
      2020 S Atlantic Ave, Daytona Beach, FL 32118
      View Details
    • $650,000
      2,222 SF

      Historic Commercial Building on Main

      Historic mixed-use building in Daytona Beach, close to the beach.
      813 Main St, Daytona Beach, FL 32118
      View Details
    • Contact for pricing
      2,672 SF

      Beachside Property: Live, Work, or Both

      Versatile Daytona Beachside property suitable for residential or commercial use.
      20 N Halifax Ave, Daytona Beach, FL 32118
      View Details
    • Contact for pricing
      2,222 SF

      Historic Mixed-Use Building For Sale

      Historic commercial building near the beach, suitable for retail.
      813 Main St, Daytona Beach, FL 32118
      View Details
    • $999,000
      12,138 SF

      Daytona Beach Mixed-Use Redevelopment

      Mixed-use property in Daytona Beach's Main Street Entertainment District.
      604 Main St, Daytona Beach, FL 32118
      View Details
    • $1,100,000
      0.25 Acres

      Daytona Beach Commercial Land For Sale

      Prime commercial land in Daytona Beach's Entertainment District.
      E International Speedway Blvd, Daytona Beach, FL 32118
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      1,250 SF

      Beachside Retail Space in Daytona

      Highly visible commercial space near the Atlantic Ocean.
      3400 S Atlantic Ave, Daytona Beach, FL 32118
      View Details
    • $2,800 /Mo
      3,870 SF

      Daytona Beach Shores Commercial Building

      Two-story, renovated commercial building in Daytona Beach Shores.
      2008 S Atlantic Ave, Daytona Beach Shores, FL 32118
      View Details
    • $3,460 /Mo
      1,730 SF

      Renovated Office Building with Ocean Views

      Renovated office building in Daytona Beach with ocean views.
      140 S Atlantic Ave, Daytona Beach, FL 32118
      View Details
    • $350 /Mo
      7,118 SF

      Daytona Beach Shores Storage Unit

      28' x 12' garage storage unit near the beach.
      3624 S Atlantic Ave, Daytona Beach Shores, FL 32118
      View Details
    • Contact for pricing
      2,592 SF

      Daytona Beach Retail Space Available

      Retail space for lease in Daytona Beach, Florida.
      2401-2427 N Atlantic Ave, Daytona Beach, FL 32118
      View Details
    • $16 SF/Yr

      Daytona Beach Retail Building

      5,624 SF retail building on beachside in Daytona Beach.
      1310 S Atlantic Ave, Daytona Beach, FL 32118
      View Details
    Request Owner's contact information
    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.
    150 Peninsula Dr
    Daytona Beach, FL 32118-4490
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    150 Peninsula Dr, Daytona Beach, FL, 32118
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!