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    Property profile & analytics

    240 Beach St Daytona Beach, FL 32114

    • Turn key restaurants
    • 1,660 SF
    • 0.06 lot acres
    For Sale
    View listing
    $695,000
    Value Estimation
    Last Sale
    Aug 17, 2020
    $320,000
    Location Intelligence
    Property ID
    US18-2816645
    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.

    Current Use by Public Records

    • Little Italy / Italian Restaurant
    • Little Italy's Ristorante / Italian Restaurant

    Property Details for 240 Beach St

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.06 lot acres
    Property size
    1,660 SF
    Property type
    Turn key restaurants
    APN
    5339-07-03-0010
    APU
    533907030010

    Description

    This exceptional mixed-use property at 240 S Beach Street, Daytona Beach, FL 32114, presents a unique investment opportunity. Boasting 3,460 square feet on a 2,461.14 square foot lot, this building, constructed in 1920, offers versatile commercial space ideal for various uses, including warehouse and restaurant operations (though the existing restaurant is not included in the sale). The property benefits from a highly desirable location directly across from a recently renovated, $36 million park, a historic ballpark, and the Halifax River, ensuring high visibility and accessibility to city events and ample parking. Two brand-new HVAC systems and updated electrical panels provide modern infrastructure to support a wide range of businesses. Currently leased through January 2026 under a five-year lease agreement, this property offers immediate income potential. Please note that the tenant should not be disturbed. The asking price is $695,000. This is a building-only sale. The property's prime location and updated systems make it an attractive investment for discerning buyers seeking a strong return on investment in a vibrant Florida coastal city.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $395,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $375,000
      7%
      $375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $460,000
      Retail
      $350,000
      Mixed-Use
      $410,000
      Hospitality
      $425,000
      Educational
      $365,000
      Residential Income
      $355,000
      Energy
      $370,000
      Income-Based Land
      $415,000
      Food Service
      $475,000

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0181
    Latitude
    29.2091
    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
    $6,203
    $40,590
    $288,288
    $328,878
    -
    $40,590
    $288,288
    $328,878

    Comparable in this City

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      2514 International Speedway Blvd

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      $80,000
      2,500 SF

      200202 Martin Luther King Blvd

      RESTAURANT • 2,500 SF
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      $265,000
      1,425 SF

      216 Bch St

      RESTAURANT • 1,425 SF
      216 Bch St, Daytona Beach, FL 32114-4404
      View Details
    • Value Estimation
      $310,000
      1,705 SF

      214 Bch St

      RESTAURANT • 1,705 SF
      214 Bch St, Daytona Beach, FL 32114-3302
      View Details
    • Value Estimation by Request
      4,460 SF

      246 Bch St

      RESTAURANT • 4,460 SF
      246 Bch St, Daytona Beach, FL 32114-4407
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    240 Beach St
    Daytona Beach, FL 32114
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    Realmo Value Estimation

    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.

    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.

    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
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