Prime Owner/Investment Opportunity in Downtown Daytona Beach, Florida
Discover an exceptional opportunity for professional office use in downtown Daytona Beach with this remodeled commercial building. Ready for immediate occupancy, this turnkey property is strategically located near the courthouse, local shops, restaurants and businesses, the yacht club, marina, and more. As the downtown area continues to expand with new residential developments and economic growth, coupled with steady local tourism, demand for commercial space is on the rise.
Featuring over 12, 000 total square feet with 4, 335 square feet of office space, this two-story building zoned R/P includes a dedicated conference room and seven additional offices, two of which are currently used as meeting rooms. The ground floor has ceramic tile, while the upper floor features carpet. The property is equipped with two bathrooms, a shower, and a private parking lot with 12 spaces.
Additional amenities include a security system, fire system, smoke detectors, and remote entry with magnetic doors for both the upstairs and downstairs reception areas. Furnishings are negotiable separately.
Ideal for those looking to expand their investment portfolio or establish a presence in a thriving community, this well-maintained property is situated in a vibrant and growing area of downtown Daytona Beach. Reach out today to schedule a private showing appointment.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $492 | $492 | $492 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,783 | $7,684 | $10,536 |
Total Monthly Payment | $8,400 | $8,301 | $11,153 |
* 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.