2016 S Atlantic Avenue, Daytona Beach Shores, FL 32118 (MLS# 1226079)

2016 S Atlantic Avenue, Daytona Beach Shores, FL 32118

New Listing

$1,000,000

Property Type: Commercial Sale Baths: 2 Square Footage: 3,066 Lot Size (sq. ft.): 3,920 Status: Active

Current Price: $1,000,000 List Date: 5/06/2026 Last Modified: 5/06/2026

Overview

Description

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 both yield and versatility. Zoned GC-RD, General Commercial Redevelopment, the property also presents strong redevelopment potential to maximize value in a growing area. Some Permitted Uses include : Professional and business offices. Retail stores. Service establishments Newspaper offices. Food stores. bakeries. Banks. Medical and dental clinics. Private clubs and lodges. Public/quasi-public facilities. Restaurants. Art galleries. Bowling recreational facilities. Performance theaters. Movie theaters. Public parking facilities. Medical offices

Listing Details MLS# 1226079

General Property Information

Number Of Units Total: 2
Bathrooms Total: 2
Building Area Total: 3066
Building Area Source: Public Records
Year Built: 1952
Lot Size Acres: 0.09
Waterfront YN: No
Stories Total: 2
Senior Community YN: No
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.
Public Remarks: 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 both yield and versatility. Zoned GC-RD, General Commercial Redevelopment, the property also presents strong redevelopment potential to maximize value in a growing area. Some Permitted Uses include : Professional and business offices. Retail stores. Service establishments Newspaper offices. Food stores. bakeries. Banks. Medical and dental clinics. Private clubs and lodges. Public/quasi-public facilities. Restaurants. Art galleries. Bowling recreational facilities. Performance theaters. Movie theaters. Public parking facilities. Medical offices
List Price/SqFt: 326.16

Property Features

Building Features: Rear Access Construction Materials: Concrete; Stucco Cooling: Central Air Current Use: Commercial; Mixed Use; Retail Heating: Central Listing Terms: Cash; Conventional Location: Beach Area Lock Box Type: None; See Remarks Lot Features: Other Parking Features: Parking Lot Road Frontage Type: State Road Sale Includes: Furniture, Fixtures and Equipment Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Listing Contract Date: 2026-05-04
Property Sub Type: Mixed Use

Location Tax and Legal

Street Number: 2016
Street Direction Prefix: S
Street Name: Atlantic
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32118
MLS Area Major: 13 - Beachside, N of Dunlawton & S Silver

Status Change Information

Major Change Timestamp: 2026-05-06T03:16:08Z
Major Change Type: New Listing

Income and Expenses

Net Operating Income: 78000

More Information

Unit 1 Details

Unit ID: 001
Annual Rent: 30000
Unit SqFt: 1866
# Units (This Type): Yes
Furnished: Negotiable
Unit Remarks: RETAIL SPACE

Unit 2 Details

Unit ID: 002
Annual Rent: 48000
Unit SqFt: 1200
# Units (This Type): Yes
Furnished: Furnished
Unit Remarks: LIVING SPAYCE- AirBNB

Location, Tax, and Legal

Country: US
Parcel Number: 5316-21-00-0071
Tax Year: 2025
Tax Legal Description: LOT 7 EXC S 100 FT MEAS ON ATLANTIC AVE PER DB 470 PG 369 & EXC N 13 FT MEAS ON ATLANTIC AVE BEING 30.9 FT ON W/S ARMSTRONG SUB MB 9 PG 280 PER OR 4888 PG 3725 PER OR 5559 PG 770 PER OR 6831 PG 0985
Zoning Description: Commercial

Currently Not Used

Additional Parcels YN: No
Bathrooms Total: 2
Year Built: 1952

Lock Box Type

Call Listing Office: Yes
None: Yes
See Remarks: Yes

Construction Materials

Concrete: Yes
Stucco: Yes

Cooling

Central Air: Yes

Current Use

Commercial: Yes
Mixed Use: Yes
Retail: Yes

Heating

Central: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Other: Yes

Parking Features

Parking Lot: Yes

Road Frontage Type

State Road: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Building Features

Rear Access: Yes

Location

Beach Area: Yes

Sale Includes

Furniture, Fixtures and Equipment: Yes

Listing Office: Roy & Company

Last Updated: May - 06 - 2026

Information deemed reliable but not guaranteed.

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