42 S Peninsula Drive, Daytona Beach, FL 32118
New Listing
$950,000
Property Type:
Commercial Sale
Square Footage:
5,588
Lot Size (sq. ft.):
23,348
Status:
Active
Current Price:
$950,000
List Date:
2/10/2026
Last Modified:
2/10/2026
Description
Rare investment opportunity in Daytona's beachside market! This 1920s historic gem at 42 S. Peninsula offers a 5,588 SF main building on a corner lot with frontage on Peninsula, Halifax, and Harvey. Currently an established accounting office, it produces steady operating income with escalation clauses and a strong cap rate. The property features onsite parking and versatile RP (Residential/Professional) zoning , which allows for professional offices , medical uses, or multifamily dwellings. Permitted uses also include duplexes , assisted living , and day care. For developers, the sale includes three neighboring vacant parcels, offering massive long-term redevelopment potential. Whether you want a high-yield professional asset or a strategic site for future healthcare , educational , or residential projects, this property delivers location and performance. Buyer to verify all zoning and use standards with the city.
More Information MLS# 1222862
General Property Information
Lot Size Acres: 0.536
Number Of Units Total: 1
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Senior Community YN: No
Directions: From Main Street south one block on eith Peninsula or Halifax. Corner of Halifax, Peninsula, and Harvey. Frontage on the two main roads and the side street.
Public Remarks: Rare investment opportunity in Daytona's beachside market! This 1920s historic gem at 42 S. Peninsula offers a 5,588 SF main building on a corner lot with frontage on Peninsula, Halifax, and Harvey. Currently an established accounting office, it produces steady operating income with escalation clauses and a strong cap rate. The property features onsite parking and versatile RP (Residential/Professional) zoning , which allows for professional offices , medical uses, or multifamily dwellings. Permitted uses also include duplexes , assisted living , and day care. For developers, the sale includes three neighboring vacant parcels, offering massive long-term redevelopment potential. Whether you want a high-yield professional asset or a strategic site for future healthcare , educational , or residential projects, this property delivers location and performance. Buyer to verify all zoning and use standards with the city.
Building Area Total: 5588
Stories Total: 2
Building Area Source: Public Records
Land Lease YN: No
List Price/SqFt: 170.01
Year Built: 1920
Contract Information
Seller Concessions Offered Y/N: No
Current Price: $950,000
List Price: $950,000
Status: Active
Listing Contract Date: 2026-02-10
Property Sub Type: Office
Location, Tax, and Legal
Country: US
Parcel Number: 5309-02-03-0022
Tax Annual Amount: 6232.97
Tax Year: 2025
Tax Legal Description: E 164.7 FT OF LOT 2 ON MITCHELL ST & 89.4 FT ON W END BLK 3 ASSESSORS DAYTONA BEACH & INC S 55 FT ON PEN DR OF LOT 5 BLK 10 MEMENTO PER OR 4369 PG 4909 PER OR 6245 PG 3935
Zoning Description: Professional/Office
Currently Not Used
Additional Parcels YN: Yes
Additional Parcels Description: Includes five total parcels including along S. Halifax and Harvey for frontage on three streets.
Year Built: 1920
Accessibility Features YN: Yes
Lock Box Type
Call Listing Office: 1
Accessibility Features
Accessible Approach with Ramp: 1
Accessible Central Living Area: 1
Accessible Common Area: 1
Accessible Full Bath: 1
Accessible Kitchen: 1
Common Area: 1
Visitor Bathroom: 1
Construction Materials
Brick: 1
Frame: 1
Cooling
Central Air: 1
Zoned: 1
Current Use
Commercial: 1
Office: 1
Flooring
Carpet: 1
Tile: 1
Wood: 1
Heating
Central: 1
Zoned: 1
Income and Expenses
Net Operating Income: 70000
Listing Terms
Cash: 1
Lot Features
Historic Area: 1
Irregular Lot: 1
Many Trees: 1
Parking Features
Additional Parking: 1
Attached: 1
Guest: 1
Off Street: 1
Parking Lot: 1
Possession
Subject To Tenant Rights: 1
Road Frontage Type
City Street: 1
Roof
Composition: 1
Shingle: 1
Other: 1
Security Features
Secured Lobby: 1
Sewer
Public Sewer: 1
Tenant Pays
All Utilities: 1
Unit 1 Details
Unit ID: 1
Annual Rent: 1
Unit SqFt: 5588
# Units (This Type): 1
Baths Total: 5
Furnished: Negotiable
Unit Remarks: Building plus land
Utilities
Cable Connected: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Building Features
% Air Conditioned or Heated: 100
Building Class: B
Computer Wired: 1
Interior Corridors: 1
Kitchen Facilities: 1
Lobby: 1
Min Parking Space Available: 29
Outside Storage: 1
Private Restroom: 1
Public Restroom: 1
Reception Area: 1
Storage: 1
Business Type
Professional/Office: 1
Ceiling Type
Acoustic: 1
Drywall: 1
Height Varies: 1
Existing Lease Type
NNN: 1
Location
Central Business District: 1
City: 1
Sale Includes
Building & Land: 1
Location Tax and Legal
Street Number: 42
Street Direction Prefix: S
Street Name: Peninsula
Street Suffix: Drive
County: Volusia
State: FL
Postal Code: 32118
MLS Area Major: 14 - Daytona Peninsula S of Seabreeze
Status Change Information
Major Change Timestamp: 2026-02-10T20:42:51Z
Major Change Type: New Listing
Property Features
Accessibility Features: Accessible Approach with Ramp; Accessible Central Living Area; Accessible Common Area; Accessible Full Bath; Accessible Kitchen; Common Area; Visitor Bathroom
Building Features: Computer Wired; Interior Corridors; Kitchen Facilities; Lobby; Outside Storage; Private Restroom; Public Restroom; Reception Area; Storage
Business Type: Professional/Office
Ceiling Type: Acoustic; Drywall; Height Varies
Construction Materials: Brick; Frame
Cooling: Central Air; Zoned
Current Use: Commercial; Office
Existing Lease Type: NNN
Flooring: Carpet; Tile; Wood
Heating: Central; Zoned
Listing Terms: Cash
Location: Central Business District
Lock Box Type: Call Listing Office
Lot Features: Historic Area; Irregular Lot; Many Trees
Parking Features: Additional Parking; Attached; Guest; Off Street; Parking Lot
Possession: Subject To Tenant Rights
Road Frontage Type: City Street
Roof: Composition; Shingle; Other
Sale Includes: Building & Land
Security Features: Secured Lobby
Sewer: Public Sewer
Tenant Pays: All Utilities
Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Listing Office:
Adams, Cameron & Co., Realtors
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.