1520 N Nova Road, Daytona Beach, FL 32117 (MLS# 1215179)

1520 N Nova Road, Daytona Beach, FL 32117

$1,400,000

Property Type: Commercial Sale Baths: 11 Square Footage: 9,012 Lot Size (sq. ft.): 65,340 Status: Active

Current Price: $1,400,000 List Date: 7/01/2025 Last Modified: 9/02/2025

Overview

Description

We are pleased to present a multi-parcel offering featuring two parcels with a total of 12 distinct income streams. The diverse tenant base includes a well-established motorcycle repair business with laydown space, a used auto sales operation, an outbuilding with yard space, an 8-unit warehouse building, and a two-story duplex. The property is currently 100% occupied. Significant capital improvements have been made within the last two years, including the replacement of roofs on three major buildings and upgrades to all three septic tanks and their associated leech fields. All major maintenance items have been addressed, making this an ideal opportunity for a 1031 exchange or redevelopment. The property is located in an unincorporated area and benefits from B-5 zoning.

Listing Details MLS# 1215179

General Property Information

Number Of Units Total: 12
Bathrooms Total: 11
Building Area Total: 9012
Building Area Source: Estimated
Year Built: 1959
Lot Size Acres: 1.5
Land Lease YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: 2
Directions: Exit I 95 LPGA head East to Nova Rd Turn right and just 1 block.
Public Remarks: We are pleased to present a multi-parcel offering featuring two parcels with a total of 12 distinct income streams. The diverse tenant base includes a well-established motorcycle repair business with laydown space, a used auto sales operation, an outbuilding with yard space, an 8-unit warehouse building, and a two-story duplex. The property is currently 100% occupied. Significant capital improvements have been made within the last two years, including the replacement of roofs on three major buildings and upgrades to all three septic tanks and their associated leech fields. All major maintenance items have been addressed, making this an ideal opportunity for a 1031 exchange or redevelopment. The property is located in an unincorporated area and benefits from B-5 zoning.
List Price/SqFt: 155.35

Property Features

Business Type: Auto Rent/Lease; Commercial; Industrial; Mixed; Storage; Warehouse Ceiling Type: Exposed Cooling: Central Air Current Use: Commercial; Mini Storage; Mixed Use; Multi-Family Electric: 100 Amp Service Existing Lease Type: Gross Heating: Central Listing Terms: Cash; Conventional Location: County Lock Box Type: See Remarks Lot Features: Corner Lot Operating Expense Includes: Trash; Water/Sewer Owner Pays: Trash Collection; Water Parking Features: Shared Driveway Possession: Close Of Escrow Road Frontage Type: State Road Roof: Shingle Sale Includes: Building & Land Sewer: Septic Tank Tenant Pays: Electricity Utilities: Electricity Available; Separate Electric Meters; Water Available; Water Connected Water Source: Public

Contract Information

Listing Contract Date: 2025-07-01
Property Sub Type: Mixed Use
Seller Concessions Offered Y/N: No

Location Tax and Legal

Street Number: 1520
Street Direction Prefix: N
Street Name: Nova
Street Suffix: Road
County: Volusia
State: FL
Postal Code: 32117
MLS Area Major: 35 - Mason to LPGA E of 95

Status Change Information

Major Change Timestamp: 2025-07-01T20:38:47Z
Major Change Type: New Listing

Building Features

# Overhead Doors: 8
% Air Conditioned or Heated: 50
Building Class: C

More Information

Income and Expenses

Gross Income: 169173
Net Operating Income: 126242
Operating Expense: 42931
Trash Expense: 3600

Unit 1 Details

Unit ID: Duplex
Annual Rent: 33600
Unit SqFt: 1972
# Units (This Type): 2
Furnished: Unfurnished
Unit Remarks: 2 Story

Unit 2 Details

Unit ID: Auto Lot
Annual Rent: 27000
Unit SqFt: 400
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Used Auto Lot

Unit 3 Details

Unit ID: Motorcylce
Annual Rent: 39360
Unit SqFt: 2860
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Motorcycle Repair Shop

Unit 4 Details

Unit ID: Landscape
Annual Rent: 10752
Unit SqFt: 208
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Lanscape Tenant wit Yard Space

Unit 5 Details

Unit ID: 1510 1/2
Annual Rent: 6000
Unit SqFt: 480
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Storage Space

Unit 6 Details

Unit ID: 1510 1/2
Annual Rent: 6000
Unit SqFt: 480
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Storage Space

Unit 7 Details

Unit ID: 1520 1/2
Annual Rent: 6000
Unit SqFt: 480
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Storage Space

Unit 8 Details

Unit ID: 1520 1/2
Annual Rent: 19800
Unit SqFt: 960
# Units (This Type): 2
Furnished: Unfurnished
Unit Remarks: 2 Units Auto Repair business with yard space

Location, Tax, and Legal

Country: US
Parcel Number: 4244-01-04-0095
Tax Annual Amount: 7134.93
Tax Year: 2024
Tax Legal Description: Parcel 1: N 209 FT OF S 329 FT ON E/S OF E 155.5 FT ON N/S & 150 FT ON S/S & N 180.5 FT OF S 330.5 FT ON W/S OF W 100 FT OF E 255.5 FT ON N/S OF LOT 9 W OF CANAL EXC E 27.3 FT MEAS ON N/L FOR NEW R/W NOVA RD BLK 4 MASON & CARSWELLS HOLLY HILL MB 2 PG 90 MB 12 PGS 3
Zoning Description: Commercial

Currently Not Used

Additional Parcels YN: Yes
Additional Parcels Description: S 120 FT OF E 150 FT OF LOT 9 W OF CANAL EXC NEW R/W FOR NOVA RD & TENTH ST BLK 4 MASON & CARSWELLS
Bathrooms Total: 11
Year Built: 1959
Accessibility Features YN: No
Building Name: 1520 N Nova Rd & 1002 10th St

Lock Box Type

See Remarks: Yes

Cooling

Central Air: Yes

Current Use

Commercial: Yes
Mini Storage: Yes
Mixed Use: Yes
Multi-Family: Yes

Electric

100 Amp Service: Yes

Heating

Central: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes

Owner Pays

Trash Collection: Yes
Water: Yes

Parking Features

Shared Driveway: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

State Road: Yes

Roof

Shingle: Yes

Sewer

Septic Tank: Yes

Tenant Pays

Electricity: Yes

Utilities

Electricity Available: Yes
Separate Electric Meters: Yes
Water Available: Yes
Water Connected: Yes

Water Source

Public: Yes

Business Type

Auto Rent/Lease: Yes
Commercial: Yes
Industrial: Yes
Mixed: Yes
Storage: Yes
Warehouse: Yes

Ceiling Type

Exposed: Yes

Existing Lease Type

Gross: Yes

Location

County: Yes

Operating Expense Includes

Trash: Yes
Water/Sewer: Yes

Sale Includes

Building & Land: Yes

Listing Office: Adams, Cameron & Co., Realtors

Last Updated: September - 02 - 2025

Information deemed reliable but not guaranteed.

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