2016 S ATLANTIC AVENUE, DAYTONA BEACH, FL 32118
ARMSTRONG · Volusia County
Key Facts
Description
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1952
Stories
2
Living Area
4,017 sq ft
Lot Size
0.09 acres
Lot Dimensions
31x130
Ownership
Fee Simple
Zoning
GC-RD
MLS® Listing#
O6407889
Property Features
Appliances
Cooling
Heating
Construction
Foundation
Utilities
Water Source
Financial Details
Annual Taxes
$2,871
Tax year 2025
Parcel Number
531621000071
Directions
Exit I-95: Take Exit 260A for US-92 E/W International Speedway Blvd toward Daytona Beach/Airport. Continue East: Follow W International Speedway Blvd east for 5-6 miles, crossing the Halifax River (Main Street Bridge/Broadway Bridge). Turn South: After crossing the bridge and arriving at the oceanfront, turn south onto S Atlantic Ave (SR-A1A S). Arrive: Continue south on S Atlantic Ave to 2016 S Atlantic Ave (located further south, past the main hotel strip
Affordability Calculator
$200,000
Estimated monthly payment
$5,322/mo
Principal $800,000 · Est. interest $1,116,071 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in DAYTONA BEACH, FL
- $500,559
- Median Listing Price
- 118
- Median Days on Market
- 1,398
- Median Sq Ft
- $382
- Median Price / Sq Ft
- 27,460
- Active Listings
- This home’s price is 100% above the area median.
- Its price per sq ft is 35% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in DAYTONA BEACH, FL.
Location
Points of Interest in DAYTONA BEACH, FL
Showing the DAYTONA BEACH area map.
Nearby Schools
Sunshine Safety Council
School · 1.6 mi away
On Track School
School · 1.7 mi away
Warner Christian Academy
School · 1.7 mi away
RJ Longstreet Elementary School
Elementary · 1.8 mi away
Turie T. Small Elementary School
Elementary · 1.9 mi away
Campbell Middle School
Secondary · 2.1 mi away
Head Start Evec
School · 2.2 mi away
Children Country Club of Daytona Bch
Elementary · 2.2 mi away
South Daytona Elementary School
Elementary · 2.5 mi away
Imagination Station Montessori
Elementary · 2.5 mi away
Blue Jay Academy
School · 2.6 mi away
The Chase Academy
School · 2.6 mi away
GPS Education
School · 2.6 mi away
Nurtured Minds Learning Academy
School · 2.7 mi away
Riverview Learning Center
School · 2.8 mi away
Kid City USA
School · 3.0 mi away
Lourdes Academy
School · 3.1 mi away
Mainland High School
Secondary · 3.3 mi away
Erau College of Aviation
School · 3.3 mi away
Embry-Riddle Aeronautical University - Worldwide
School · 3.5 mi away
Commute Calculator
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| 1230 GULF BOULEVARD 608, CLEARWATER BEACH, FL | $700,000 | 2 | 2 | 1,111 |
Moving Cost Estimate
EXIT Agents in DAYTONA BEACH
Listing Courtesy: ROY & COMPANY - 386-516-3122
Last Updated: 2026-05-11