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2016 S Atlantic Avenue
Daytona Beach, FL 32118

$1,000,000

13 Photos

Listing Details

  • $1,000,000
  • MLS# O6407889
  • Type Commercial -
  • Status Active
  • 4,017
    Square Feet
  • 0.090 acres
    Lot Size
  • 1952
    Year Built

Listed By

Agency Name: ROY & COMPANY
Agency Contact: 386-516-3122

Shown By

Agency Title: Pupello Realty Company, LLC
Agency Phone: (386) 216-8338

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Home Value Estimate


Description

One or more photo(s) has been 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 highlightsGrowing...read more

Features

  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Washer
  • Central Air
  • Central
  • 2.0 Stories
  • $2,870 Taxes
  • Public
  • Built in 1952

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