Listing provided courtesy of ROY & COMPANYas Distributed by MLSGrid- MLS# MFRO6407889MLS Provider

2016 S ATLANTIC AVENUEDAYTONA BEACH, FL 32118

Commercial · 3,066 Sq. ft. | 0.09 Acres
$1,000,000 Active

2016 S ATLANTIC AVENUE Overview

Time on Site:
47 days
Visits:
0

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 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.

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2016 S ATLANTIC AVENUE Facts & Features

  • Type Commercial
  • Sq. ft. 3,066
  • Price/Sq.ft. $326
  • Lot 0.09 Acres

Details

General

Income/Expenses

  • Net Operating Income: 78000

Building Information

  • New Construction: No
  • Year Built: 1952

Location/Region

  • Country: US
  • County Or Parish: Volusia
  • MLS Area Major: 32118 - Daytona Beach/Holly Hill
  • Subdivision Name: ARMSTRONG
  • Township: 15S

Tax Information

  • Tax Annual Amount: 2870.87
  • Tax Year: 2025

General Information

  • Ownership: Fee Simple
  • Parcel Number: 531621000071
  • Property Condition: Completed
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Special Listing Conditions: None
  • Zoning: GC-RD

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 4017
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Dryer,Microwave,Refrigerator,Washer
  • Cooling: Central Air
  • Foundation Details: Slab
  • Heating: Central
  • Living Area: 3066
  • Living Area Units: Square Feet
  • Stories Total: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 31x130
  • Lot Size Square Feet: 4017
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block,Concrete,Stucco

General Information

  • Number Of Units Total: 2
  • Road Frontage Type: State Road
  • Utilities: Water Connected

2016 S ATLANTIC AVENUE Neighborhood

Community

32118 (DAYTONA BEACH) Demographics

56
Median Age
1,997
Population Density (per sq. mile)
41%
College Educated
$43,385
Estimated Median Income
5,456
Estimated Total Home Owners
3,655
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2016 S ATLANTIC AVENUE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2016 S ATLANTIC AVENUE Market Data

Based on the last 30 days in this zip code

$375,974
Average List Price
$296
Average Price per Square Foot
80
Properties Sold
161
Average Days on Market
1,047
Properties for Sale
Calculations provided by Reliance Network

2016 S ATLANTIC AVENUE History

Date Event Value Agent
5/14/2026Source: My Florida Regional MLS Added to Database
May 14, 2026