Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Immediate Cash Flow
  • Flexible Potential
  • Strong Investor Returns

Executive Summary

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 both yield and versatility. May also include another parcel providing a total of 12,777 sqft. Both parcels are opperating income. building may be sold seperatley or with opperating business. Some Permitted Uses include : Professional and business offices. Retail stores. Service establishments Newspaper offices. Food stores. bakeries. Banks. Medical and dental clinics. Private clubs and lodges. Public/quasi-public facilities. Restaurants. Art galleries. Bowling recreational facilities. Performance theaters. Movie theaters. Public parking facilities. Medical offices

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $78,000 $25.16

Financial Summary (Actual - 2025)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $78,000
Annual Per SF $25.16

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,100 SF
Building Class
C
Year Built
1952
Price
$1,000,000
Price Per SF
$322.58
Cap Rate
7.80%
NOI
$78,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.79
Lot Size
0.09 AC
Zoning
GC-RD - General Commercial- Redevelopment:Restaurants, Retail stores, Food stores, bakeries, Banks, Bowling recreational facility, . Public/quasi-public
Parking
4 Spaces (1.3 Spaces per 1,000 SF Leased)
Frontage
49’ on Atlantic Ave

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Air Conditioning
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

IHOP
Chart House Restaurant
Truist

Property Taxes

Property Taxes

Parcel Number
5316-21-00-0071
Land Assessment
$45,191 (2026)
Improvements Assessment
$129,506 (2026)
Total Assessment
$174,697 (2026)
  • Listing ID: 40529499

  • Date on Market: 5/14/2026

  • Last Updated:

  • Address: 2016 S Atlantic Ave, Daytona Beach, FL 32118

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}