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    Investment properties

    412 S Palmetto Ave, Daytona Beach, FL 32114

    2,964 SF 0.24 ac lot Built 1968
    Entity Owned 13-yr Hold Free & Clear
    Property ID
    US18-5382432
    Property summary
    AI-generated overview

    This exceptional Daytona Beach office building presents a compelling investment opportunity. The single-story, 2,964 square foot building sits on a 0.24-acre lot and is located at 412 S Palmetto Ave, Daytona Beach, FL 32114 (APN: 533-90-11-20052). Originally constructed in 1968 and renovated in 1989, the property is currently 100% occupied, offering immediate cash flow. The building is zoned RP, providing flexibility for various office uses. Its strategic location in the thriving Daytona Beach area ensures strong potential for long-term growth and return on investment. This stabilized investment presents a rare chance to acquire a well-maintained, income-producing asset in a desirable market. The property's single-story design and established tenant base contribute to its overall appeal. This is an excellent opportunity for investors seeking a stable, cash-flowing property with significant upside potential in a dynamic Florida market. The property's history of successful occupancy and its flexible zoning designation make it an attractive proposition for both short-term and long-term investment strategies. This is a turnkey opportunity to acquire a profitable commercial property in a prime location.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1968
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,964 SF
    Lot 0.24 ac (10,350 SF)
    APN 5339-01-12-0052
    UPID US18-5382432
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Sari Mabe Counselor
    • Karishma Workmon Counselor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Kjsrr LLC · 13 yrs held
    Kjsrr LLC
    since 2012
    1 recorded transaction
    2012
    $91,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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