2016 S Atlantic Ave
Just Listed
$1,000,000
2016 S Atlantic Ave
Daytona Beach, FL, 32118
0
Baths
3,066
Sq Ft
1952
Built

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.

TypeMixed Use
CommunityArmstrong
Lot0.09 ac
CountyVolusia
Ryan Solberg
Presented by
Ryan Solberg
Broker / Owner
321.373.3536 · Ryan@MaxLifeRealty.com · MaxLifeRealty.com
MaxLife Realty LLC
MLS GRIDRoy & Company · MLS# O6407889 · 386-516-3122 · Active

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Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity