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Property profile & analytics
OFF-MARKET
Medical Office Space
624 Wild Olive Ave Daytona Beach, FL 32118-3843
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-0153914
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1924
Construction
WOOD
Total area
2,672 SF
Lot
0.26 ac (11,200 SF)
Zoning code
RP
APN
5305-01-35-0130
UPID
US18-0153914
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
-
Commercial Construction Inc Construction Company
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
Marios On The Beach LLC · 1 yrs held
Marios On The Beach LLC
since 2025
7 recorded transactions
Zoning & alternative use
RP · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Residential/Professional (RP) district is to provide for transitional uses that serve as a buffer between single-family residential neighborhoods and commercial uses, including single-family dwellings, duplexes and duplex subdivisions, townhouse subdivisions, and multifamily dwellings and complexes, as well as small-scale office developmen…
Zone name
Residential Professional
General category
CIVIC_INSTITUTIONAL
Zone area
482.40 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Daytona Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Daytona Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,974
Tax year 2023
Assessed value
$333,215
Assessed 2023
Previous assessed
$304,813
+9.3% YoY
Effective rate
1.79%
On assessed value
Assessed land
$50,400
Assessed improvement
$282,815
Land market value
$50,400
Improvement market value
$282,815
Total market value
$333,215
Applied tax rate
204.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1924
Construction
WOOD
Heating
HOT WATER
Cooling
YES
Stories
1
Bathrooms
3
Total area
2,672 SF
Lot
0.26 ac (11,200 SF)
Zoning code
RP
APN
5305-01-35-0130
UPID
US18-0153914
Jurisdiction
VOLUSIA
Zoning & alternative use
RP · Daytona Beach, FLZoning RP · permitted uses
RP · Daytona Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Residential/Professional (RP) district is to provide for transitional uses that serve as a buffer between single-family residential neighborhoods and commercial uses, including single-family dwellings, duplexes and duplex subdivisions, townhouse subdivisions, and multifamily dwellings and complexes, as well as small-scale office development for business and professional services. It also accommodates limited group living, institutional, and open space uses, generally as special uses or public or semi-pubic uses.
Zone name
Residential Professional
General category
CIVIC_INSTITUTIONAL
Zone area
482.40 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1924
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.26 ac
Current owner
From public records · entity-resolved
Marios On The Beach LLC
Entity
Free & Clear · 1 yrs held
Mailing address
624 N WILD OLIVE AVE, DAYTONA BEACH, FL 32118-3843
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2025
—
Marios On The Beach LLC
William Robins
Deed
related
—
Jan 10, 2025
—
Marios On The Beach LLC
William Mark Robins
Quitclaim Deed
related
—
Nov 7, 2019
$325,000
Marios On The Beach LLC
Gpr1 LLC
Warranty Deed
—
Jul 26, 2007
$325,000
Gpr1 LLC
Woods,janice
Warranty Deed
$300,000 · Prosperity Bank
Dec 6, 2005
$395,000
Janice Woods
Alastra,anthony & Beatriz
Warranty Deed
$260,000 · Mark W Martens
Jul 19, 2002
$97,000
Anthony J Alastra
Gasparini,linda
Grant Deed
$72,700 · Friends Bank
Dec 6, 1999
—
Linda Gasparini
Gasparini,linda
Quit Claim Deed
related
$91,474 · Associates Financial Services
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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