About 2016 S Atlantic Avenue
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. Multiple parcels may be included adding an addition 2 retail storefront spaces with turnkey flexability.
Features of 2016 S Atlantic Avenue
| MLS® # | 1226079 |
|---|---|
| Price | $1,000,000 |
| Bathrooms | 2.00 |
| Acres | 0.09 |
| Year Built | 1952 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 2016 S Atlantic Avenue |
|---|---|
| Area | 13 - Beachside, N of Dunlawton & S Silver |
| City | Daytona Beach Shores |
| County | Volusia |
| State | FL |
| Zip Code | 32118 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Other |
|---|---|
| Construction | Concrete, Stucco |
Additional Information
| Zoning | Commercial |
|---|
Listing Details
| Office | Roy & Company |
|---|