42 S Peninsula Drive
Daytona Beach, FL 32118

Listed at $950,000

Details

  • MLS# 1222862
  • Commercial - Business
  • Status Pending
  • 0 Bedrooms
  • Bathrooms
  • 0 Square Feet
  • 0.650 acres
  • Built in 1920
  • Local Schools

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...read more 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.

Features

  • Central Air, Zoned
  • Carpet
  • Tile
  • Wood
  • Central, Zoned
  • $6,232 Taxes
  • Public
  • Built in 1920
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Contact the Agent

John Adams

John Adams

Daytona Beach Office
(386) 299-9504 cell
(386) 258-5500 office
johnadams.adamscameron.com
Contact the Listing Agent
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All Property Features

  • Property Type: Commercial - Business
  • Accessibility: Accessible Approach with Ramp, Accessible Central Living Area, Accessible Common Area, Accessible Full Bath, Accessible Kitchen, Common Area, Visitor Bathroom
  • Business Type: Professional/Office
  • Cooling: Central Air, Zoned
  • Days on Site: 25
  • Directions: From Main Street south one block on either Peninsula or Halifax. Corner of Halifax, Peninsula, and Harvey. Frontage on the two main roads and the side street.
  • Exterior: Brick, Frame
  • Flooring: Carpet, Tile, Wood
  • Heating: Central, Zoned
  • Listing Terms: Cash
  • Lot Description: Historic Area, Irregular Lot, Many Trees
  • Lot Size: 0.65 Acres
  • Parcel #: 5309-02-03-0022
  • Parking: Additional Parking, Attached, Guest, Off Street, Parking Lot
  • Property Attached Y/N: No
  • Property Sub-Type: Office
  • Road Frontage: City Street
  • Roof Type: Shingle, Other, Composition
  • Security Features: Secured Lobby
  • Sewer: Public Sewer
  • SQFT Total: 5588
  • Taxes: $6,232
  • Tenant Pays: All Utilities
  • Units: 1
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water: Public
  • Year Built: 1920