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Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Daytona Beach market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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