614 N Peninsula Dr Daytona Beach, FL 32118
For Sale
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This vacant, 5,831 square foot, Class B office building in Daytona Beach, Florida, presents a unique investment opportunity. Built in 1950 and renovated in 2010, this single-unit, two-story building sits on a 0.54-acre lot (APN 5305-01-24-0110) and is zoned BR-1, allowing for versatile use. Previously a medical office, the first floor features five exam rooms, a therapy room, manager's office, waiting/reception area, records room, staff lounge, and x-ray area. The second floor, accessible by elevator, includes three private offices, a conference room, lounge, and full bathroom. Exterior amenities include a covered drop-off area and ample parking for 25 vehicles, along with a separate stairwell. The interior boasts updated finishes and a large operable fish tank in the waiting area. Located just north of Seabreeze Boulevard on the east side of Peninsula Drive (614 N Peninsula Dr, Daytona Beach, FL 32118), this property offers high visibility and convenient access. The asking price is $1,050,000. This turnkey property is ideal for a medical practice or can be easily adapted for other office or retail uses.
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Dr. Norman B. Seltzer, MD Physician
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Sigafoos Lawrence Physician
The purpose of the Business Retail-1 (BR-1) district is to accommodate a wide range of retail sales and service uses (from florists, jewelry stores, and gift shops to department and variety stores, furniture stores, and home and building supply centers), but excluding auto oriented uses (gas stations, vehicle repair and servicing, drive-in or drive-through b…
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
BR1 · Daytona Beach, FLThe purpose of the Business Retail-1 (BR-1) district is to accommodate a wide range of retail sales and service uses (from florists, jewelry stores, and gift shops to department and variety stores, furniture stores, and home and building supply centers), but excluding auto oriented uses (gas stations, vehicle repair and servicing, drive-in or drive-through businesses). It also accommodates multifamily residential development and limited institutional and commercial uses, generally as special uses or public or semi-public uses
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.
