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Property profile

2016 S Atlantic Ave Daytona Beach Shores, FL 32118

FOR SALE
Retail space
Property ID
US18-8691522
3,066 SF 0.09 ac lot Built 1952
Entity Owned 1-yr Hold

Property summary

AI-generated overview

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

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1952
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,066 SF
Lot 0.09 ac (4,017 SF)
APN 5316-21-00-0071
UPID US18-8691522

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
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Clothing Store
  • Bar & Pub Nightclub

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2024
7 recorded transactions
2025
Price N/A
2024
Price N/A
2024
Price N/A
2023
Price N/A
2017
Price N/A
2017
Price N/A
2013
$160,000

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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