Rare opportunity to own two prime retail storefronts on Seabreeze Blvd in Daytona Beach. Two Versatile spaces; 1, 600 sq ft and 1, 200 sq ft. Plus the building features up to 330 sq ft of sidewalk seating, perfect for enhancing foot traffic and curb appeal. Located just a few blocks from both the beach and the intercoastal. 37 linear feet of prominent storefront. This property is in one of the most desirable commercial areas of the city. Zoned BR-1 and CBD, the space is perfect for a variety of uses including retail, food and beverage, art studios, medical or lab services, professional offices, salons, pet grooming, and more. Ready for immediate build-out. The building features solid block construction with a red brick and partial stucco exterior finish. It offers a total of 2, 868 square feet, split into two units within a single parcel. It may be possible to divide the two units into separate parcels. The roof space is accessible, presenting the potential for expanding to a second floor for commercial or residential purposes. There is also a private outdoor courtyard at the rear of the property. Each unit may be independently equipped with central A/C, water, and 200-amp electrical service. Seabreeze Blvd remains the most sought-after commercial corridor in Daytona Beach, boasting an impressive lineup of tenants such as Wells Fargo, the FBI, the Florida State Attorney's Office, Morgan & Morgan, Rice & Rice Law Firm, Adams Cameron, Walgreens, The Oyster Pub, Razzle Night Club, high-end jewelry stores, and numerous high-rise office and residential buildings. Plus, the brand-new Waffle House is just a few doors down. Many similar properties in the area are leasing out at $24-$32 dollars per square foot. Two power Meters and Two water Meters. The building is currently in Shell condition. Sold "As-Is". . . Inspections invited.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $237 | $237 | $237 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,656 | $2,653 | $3,423 |
Total Monthly Payment | $2,968 | $2,965 | $3,735 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.