2016 S Atlantic Ave Daytona Beach Shores, FL 32118
This exceptional mixed-use property in Daytona Beach Shores, Florida, presents a lucrative investment opportunity with two distinct income streams. Located on Atlantic Avenue, directly across from the beach, the building boasts 3,066 square feet and is currently 100% occupied. The ground floor comprises 1,860 square feet, fully leased as a retail storefront under a modified lease with one year remaining. Upstairs, a 1,200-square-foot, two-bedroom, one-bathroom apartment operates as a highly successful Airbnb, generating $30,000 in year-to-date income. The second floor also features a deck/balcony accessible from both the apartment and the rear of the building. The property is zoned GCRC, allowing for a variety of permitted uses. While this building is available for purchase individually, the seller also owns three adjacent parcels and may be willing to negotiate a package deal. All measurements are approximate, and all information should be independently verified. Serious inquiries only
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Just relax (Bike/Boat/Book/etc) Store Alternative Medicine Practice
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Red white & blue retail Clothing Store
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The Gamer's So-Bar Bar & Pub Nightclub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.