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Property profile

219 Magnolia Ave Daytona Beach, FL 32114

Other investment properties
Property ID
US18-0533281
View Sample
3,938 SF 0.28 ac lot Built 1920
Entity Owned 3-yr Hold Free & Clear

Property summary

AI-generated overview

Located in historic Downtown Daytona Beach, this mixed-use property consists of two separate buildings arranged around a large central open area/courtyard. The main structure is a two-story building with a basement that provides additional storage and features a spacious central courtyard that can support outdoor dining, events, or client-facing space. The main building incorporates historic character alongside modernized infrastructure, including a replaced roof and windows, updated plumbing, HVAC, and a replaced water heater; interior improvements include new walls and flooring, with three potential bathrooms currently roughed in to accommodate a new layout. A rear building contains two residential units configured as a two-bedroom, one-bath apartment on the first floor and a one-bedroom, one-bath apartment on the upper level, suited for owner/manager occupancy and/or long-term or furnished hospitality use. The property covers approximately 0.28 acres and includes about 6,179 square feet of living area.

Property profile

Verified
Property type Other investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1920
Construction WOOD
Total area 3,938 SF
Lot 0.28 ac (12,320 SF)
APN 5339-01-10-0054
UPID US18-0533281

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
  • Alternative Medicine Practice Spa & Massage Center

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2023
Last sale
$405,000
2 recorded transactions
2023
$405,000
2021
Price N/A

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?”
More about this property
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