624 N WILD OLIVE AVENUE, Daytona Beach, FL, 32118 | $599,999

One or more photo(s) has been virtually staged. Prime Commercial Property in Daytona Beach
Looking for the perfect location to grow your business? Look no further! This exceptional commercial property in vibrant Daytona Beach, FL, offers an unparalleled opportunity for entrepreneurs and investors alike.
Key Features:
Ideal Location: Situated in the heart of Daytona Beach, this property enjoys high visibility and easy access, drawing in both locals and tourists.
Spacious Interiors: With ample square footage, the possibilities are endless. Customize the space to suit your business needs, whether it's retail, office, or trade services.
Thriving Community: Join a dynamic community of businesses in Daytona Beach, known for its vibrant atmosphere and bustling economy.
Why Choose Daytona Beach?
Tourist Hotspot: Benefit from the steady stream of tourists flocking to Daytona Beach year-round, providing a steady flow of potential customers.
Business-Friendly Environment: Daytona Beach fosters a supportive business environment with various incentives and resources to help your business thrive.
Quality of Life: Enjoy the best of both worlds with stunning beaches, exciting entertainment options, and a laid-back lifestyle that makes Daytona Beach an attractive place to live and work.
Plenty of parking on the lot which sits on just over a 1/4 acre. New Interior and exterior 200-amp electrical completed in 2022. Land use designation is BR1, Business/Retail, allowing for a plethora of permitted uses ranging from visitor accommodations Hotel/Motel, Retail with permitted apartment above, Marine Sales & Services, Offices, Craft Brewery or Winery, Restaurant and Bank or Financial Institution to name a few. Please see attachment for a list of all permitted uses.
Don't miss out on this incredible opportunity to establish your business in one of Florida's most sought-after locations. Contact us today to schedule a viewing and take the first step towards realizing your entrepreneurial dream.
**NOTE** The adjoining property at 618 N Wild Olive Ave is also currently on the market, listed through a different brokerage with no affiliation to Imagine Realty. Possibility might exist to purchase both properties to combine which would give buyer over a 1/2 acre combined land, and both parcels are zoned the same BR1.

Features

  • Property Type: Mixed Use
  • Construction: Wood Frame
  • Utilities: Electricity Available, Water Connected
  • Garage: 6 to 12 Spaces
  • Levels: 1
  • Heating: Central, Electric
  • Cooling: Central Air
  • Lot Size: 70 x 160
  • Year Built: 1924
  • Approx Sq. Feet: 2,672
  • Acreage: 0.26
  • Est. Taxes: $5,974
  • Lot Desc: Historic District
  • MLS#: O6256257
  • Days on Market: 393 days
  • Website: https://www.raveis.com
    /prop/O6256257/624nwildoliveavenue_daytonabeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 3/9/2026 7:08:18 PM)
Listing courtesy of Imagine Realty LLC   Phone: 727-504-8909

William Raveis Family of Services

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

624 N WILD OLIVE AVENUE, Daytona Beach, FL, 32118

$599,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,999 $479,999 $479,999
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.258% 6.304% 5.628%
Monthly Tax Payment $498 $498 $498
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,763 $2,917 $3,890
Total Monthly Payment $3,353 $3,507 $4,480

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.