2016 S ATLANTIC AVENUE,Daytona Beach,Volusia,Commercial Sale

$949,000
2016 S ATLANTIC AVENUE, Daytona Beach, ARMSTRONG
Active

Overview

  • Updated On:
  • November 10, 2026
  • 3,066 ft2

Description

Virtually Staged. Prime mixed-use opportunity offering immediate income and long-term upside. The ground floor features a 1,866 SF retail space currently leased at $2,500/month, providing stable cash flow. Upstairs, a 1,200 SF residential unit is operating as a high-performing Airbnb, averaging $4,000/month in income. This asset produces an estimated NOI of $78,000 annually with a 7.6 cap rate, making it an attractive option for investors seeking versatility. other Parcels may be included for an addition two retail storefronts with a total of 12,777 sqft. and turnkey flexability.
Investment highlights
Growing Redevelopment Corridor

Located in an area experiencing ongoing investment, redevelopment, and increasing commercial demand.

Immediate Cash Flow

Income-producing asset featuring a leased 1,866 SF retail space at $2,500/month and an upstairs Airbnb unit averaging approximately $4,000/month.

Strong Investor Returns

Estimated NOI of approximately $78,000 annually with a 7.6 cap rate and long-term upside potential.

Flexible Potential

Permitted uses include retail, restaurants, medical offices, professional offices, entertainment venues, service establishments, banks, galleries, and recreational facilities.

Address: 2016 S ATLANTIC AVENUE
Area:
State/County:
Zip: 32118
Country: United States

Property Id: 370536
Price: $949,000
Property Size: 3,066 ft2
Property Lot Size: 0 ac

Other Features
Dishwasher
Dryer
Has Cooling System
Has Heating System
Microwave
Refrigerator
Washer

$4,865.71
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 3,679.46

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