240 S Beach St Daytona Beach, FL 32114
For Sale
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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.
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Little Italy Restaurant
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Little Italy's Ristorante Restaurant
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.