New Listing - 05/14/2026
2016 S ATLANTIC AVENUE, Daytona Beach, FL, 32118
1952
3,066 sqft
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.
Status:
Active
Type:
Commercial
Units:
2
Complex:
ARMSTRONG
Heating:
Central
Cooling:
Central Air
Levels:
2
Lot Size:
31 x 130
Acreage:
0.09
Est. Taxes:
$2,871
Construction
Block, Concrete, Stucco
Utilities
Water Connected
Days on Market:
1
Appliances:
Dishwasher, Dryer, Microwave, Refrigerator, Washer
MLS #:
O6407889
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of ROY & COMPANY 386-516-3122