412 S Palmetto Ave, Daytona Beach, FL 32114
For Sale
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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.
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Sari Mabe Counselor
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Karishma Workmon Counselor
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.