Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    607609 Riverview Blvd Daytona Beach, FL 32118
    Back to Search
    Property profile & analytics

    607609 Riverview Blvd, Daytona Beach, FL 32118

    View on Map
    • Parking lots & garages
    • 1,936 SF
    • 0.21 lot acres
    Off-Market
    Last Sale May 19, 2023
    $780,000
    Property ID
    US18-1823100
    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.
    Value Estimations
    $820,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 607609 Riverview Blvd

    Year built
    1929
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Property type
    Parking lots & garages
    APN
    5305-01-42-0090
    APU
    530501420090

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 20, 2024 — Marman Real Estate LLC — Deed · related $910k · Rcn Capital LLC
    May 19, 2023 — Marman Real Estate LLC Segundo Leandro Maraboli Jara Quit Claim Deed · related —
    Jan 31, 2023 $250,000 Segundo Leandro Maraboli Jara Marman Real Estate LLC Quit Claim Deed · related —
    May 27, 2022 $780,000 Marman Real Estate LLC Perondo Realty And Investments INC Warranty Deed $507k · Rbi Mortgages LLC
    Apr 4, 2019 — Perondo Realty & Invs INC — Deed · related $200k · Reunion Bk/fl
    Dec 10, 2013 — Perondo Realty & Invs INC Perreault,odette Quit Claim Deed · related —
    Dec 4, 2012 $82,000 Mluv Properties LLC Southeastern Contracting & Dev Warranty Deed —
    Dec 4, 2012 $190,000 Odette Perreault Mluv Properties LLC Warranty Deed —
    Apr 22, 1999 $183,800 Southeastern Contracting Downey,john B Grant Deed $119k · Seller
    — — Perondo Realty & Invs INC — Deed Of Trust · related $210k · Reunion Bank Of Florida
    — — Southeastern Contracting — Deed Of Trust · related $18k · East Coast Community Bank
    — — Southeastern Contracting — Deed Of Trust · related —
    — — Southeastern Contracting — Deed Of Trust · related $220k · Sunshine State Community Bank
    — — Southeastern Contracting — Deed Of Trust · related $245k · East Coast Community Bank
    — — Southeastern Contracting — Deed Of Trust · related $75k · East Coast Community Bank
    — — Southeastern Contracting — Deed Of Trust · related $98k · East Coast Community Bank
    — — Southeastern Contracting — Deed Of Trust · related $100k · East Coast Community Bank
    — — Perondo Realty & Invs INC — Loan Modification · related $200k · Reunion Bk/fl

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $825,000
      ML approach
      $885,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $654,000
      Market price range: $15.4k - $655k

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0148
    Latitude
    29.2389
    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
    $11,740
    $240,000
    $414,854
    $654,854
    -
    $240,000
    $414,854
    $654,854

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      Hewen Pl

      RESIDENTIAL PARKING GARAGE
      Hewen Pl, Daytona Beach, FL 32118
      View Details
    • Value Estimation by Request
      0.08 Acres

      9 Hollywood Ave

      RESIDENTIAL PARKING GARAGE
      9 Hollywood Ave, Daytona Beach, FL 32118
      View Details
    • Value Estimation by Request
      2.13 Acres

      Ocean Ave

      RESIDENTIAL PARKING GARAGE
      Ocean Ave, Daytona Beach, FL 32118
      View Details
    • Value Estimation
      $20,020,000
      460,245 SF

      701 Earl St

      PARKING GARAGE, PARKING STRUCTURE
      701 Earl St, Daytona Beach, FL 32118-4105
      View Details
    • Value Estimation
      $1,630,000
      10,240 SF

      222 Seabreeze Blvd

      PARKING GARAGE, PARKING STRUCTURE
      222 Seabreeze Blvd, Daytona Beach, FL 32118-4026
      View Details
    • Value Estimation by Request
      480 SF

      3110 Atlantic Ave

      PARKING GARAGE, PARKING STRUCTURE
      3110 Atlantic Ave, Daytona Beach, FL 32118-6224
      View Details

    Similar Nearby for Sale

    • $549,000

      Daytona Beach Redevelopment Opportunity

      0.89 acre lot near beach and entertainment district.
      519 North Oleander Ave, Daytona Beach, FL 32118
      View Details
    • $599,000
      4,848 SF

      Daytona Beach Shores Mixed-Use Property

      Mixed-use property with car wash, retail, and residential unit.
      2120 S Atlantic Ave, Daytona Beach Shores, FL 32118
      View Details
    • $4,250,000
      5,646 SF

      Daytona Beach Commercial Opportunity

      Commercial property with multiple businesses and development potential.
      301 E International Speedway Blvd, Daytona Beach, FL 32118
      View Details
    • Contact for pricing
      6,786 SF

      Daytona Beach Commercial Asset Opportunity

      Turnkey commercial space with multiple concepts and high-capacity outdoor area.
      312-318 Seabreeze Blvd, Daytona Beach, FL 32118
      View Details
    • $399,000
      2,508 SF

      Daytona Beach Mixed-Use Property

      Mixed-use property in tourist area, owner financing available.
      618 N Wild Olive Ave W, Daytona Beach, FL 32118
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr

      Daytona Beach Retail/Restaurant Opportunity

      Retail/Restaurant property with high visibility and traffic in Daytona Beach.
      537 North Atlantic Ave, Daytona Beach, FL 32118
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Daytona Beach

      Retail space available for lease in Daytona Beach, Florida.
      100 North Atlantic Ave, Daytona Beach, FL 32118
      View Details
    • Contact for pricing

      Daytona Beach Entertainment District Retail

      Retail opportunity in the Seabreeze Blvd Entertainment District.
      308 Seabreeze Blvd, Daytona Beach, FL 32118
      View Details
    • Contact for pricing

      Retail Space in Daytona Beach

      Retail space available for rent in Daytona Beach, Florida.
      225 North Atlantic Ave, Daytona Beach, FL 32118
      View Details
    • $5,789 /Mo
      Pending

      Daytona Beach Retail Space Available

      Retail space for lease in Daytona Beach, Florida.
      2216 S Atlantic Ave, Daytona Beach, FL 32118
      View Details
    • Contact for pricing
      350 SF

      Restaurant Space on Beach Approach

      Restaurant space for lease with patio directly on the beach.
      817-825 E International Speedway Blvd, Daytona Beach, FL 32118
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    607609 Riverview Blvd
    Daytona Beach, FL 32118
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    607609 Riverview Blvd, Daytona Beach, FL, 32118
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!