2016 S Atlantic Ave
Daytona Beach, FL 32118
Active
List price
$949,000Price cut
Listing courtesy of ROY & COMPANY, 386-516-3122 (Christopher Roy)
MLS# O6407889 Status Active
Listing updated November 5, 2026
- Sq ft
- 3,066
- Year built
- 1952
About this home
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.
Facts
- Property type
- Mixed Use
- Year built
- 1952
- Lot
- 0.09 acres
- Stories
- 2
- Annual taxes
- $2,871
- Construction
- Completed
- Subdivision
- Armstrong
- County
- Volusia
Virtual tour
Location
Map: OpenFreeMap, © OpenMapTiles, © OpenStreetMap contributors
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