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305 Clyde Morris Blvd
Ormond Beach, FL 32174
Income Producing Office Condo · Office Property For Sale

Investment Highlights

  • Small Investor Offering - 1,800 SF Office Condo
  • 8.3% Cap Rate
  • New lease expires August 31, 2023

Executive Summary

Small Investor Offering - 1,800 SF Office Condo. Long term tenant since 2008. New lease expires August 31, 2023. $36,842.24 Annual Rent plus increases. $25,984.64 net rent after expenses. 8.3% Cap Rate. Condo Association handles all building and grounds maintenance. HVAC replaced in 2017. Building and Monument Signage. Great to add to your investment portfolio! LOCATION OVERVIEW Located on the southeast corner of Clyde Morris Boulevard and Hand Avenue. Approximately 2.4 miles to AdventHealth Daytona Beach, 2.3 miles to Interstate 95, and 5.6 miles to Halifax Health Medical Center.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Property Type Office
Property Subtype Medical
Building Class B
Lot Size 0.01 AC
Rentable Building Area 21,537 SF
No. Stories 1
Year Built 2003
Parking Ratio 2.79/1,000 SF
APN / Parcel ID
4229-10-0A-0200
  • 4229-10-0A-0210
  • 4229-10-0A-0220
  • 4229-10-0A-0230
  • 4229-10-0A-0240
  • 4229-10-0A-0250
  • 4229-10-0A-0260
Zoning B10

Amenities

  • Bus Line
  • Signage
  • Storage Space
  • High Ceilings
  • Reception
  • Drop Ceiling
  • Air Conditioning
  • Listing ID: 19398957

  • Date on Market: 5/1/2020

  • Last Updated:

  • Address: 305 Clyde Morris Blvd, Ormond Beach, FL 32174

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