logo
Properties
Explore our listings
Buy
Listings for sale
Rent
Listings for rent
Explore
Neighborhoods, buildings & trends
Neighborhoods
Check neighborhoods information
Buildings
Check buildings information
Pre-Construction
New developments on sale
Market Trends
Monthly market data & analysis
Resources
Blog, tools & guides
Blog
Articles & guides
Tax Calculator
Compare tax savings
Property Tax Calculator
Estimate your annual tax
Sell Your Home
Get a free home valuation
Contact
Tell us about your needs
Language
Change website language
English
Русский
Español
中文(简体)
Sign In
Sign in or register

16 S GRANDVIEW AVE

Commercial For Sale
$769,000

BTC: 12.01562500

ETH: 432.02247191

21 days
0 room(s)
2,972 sqft

Overview

STABILIZED 7-UNIT CASH COW PRODUCING AN 8% CAP RATE ON ASKING (AFTER TAXES, INSURANCE, AND EXPENSES)! 3 STREETS FROM THE BEACH! This is a rare, high-performing asset with a confirmed zoning of up to 10 units, and land use of 7 units per the Property Appraiser and zero code violations. This property delivers a strong 8% return in its current state, offering a proven track record of reliable income with even further room for appreciation. The property is fully stabilized with long-term tenants on active leases (6–12 months remaining) who take great pride in the property. Key features include a 2018 roof, solid mechanicals, on-site parking, a common patio area for tenants, and a "High and Dry" X flood zone designation. AS A BONUS: There is a large storage unit on-site that was previously an apartment and could be converted back for additional revenue. Located walking distance to the Main Street Pier and beach access, the equity here is undeniable: a 4-unit property just two doors down recently sold for $600k—this is 7 units with immediate, verifiable cash flow from day one. Perfect for a 1031 exchange or a portfolio expansion. Units nearby rent as AirBNB or long-term rentals! Call today!

Location

Florida • DAYTONA BEACH • 32118 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1910
Lot:
0.11 Acres
Heating:
No Data
Price/sqft:
$259
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$5,720
2025
All facts and features

  • Cooling

    • Wall/Window Unit(s)

  • Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 530401110050

    • Zoning: 02BR1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family (5+)

  • Other financial information

    • Annual tax amount: $5,721

  • Source details

    • MLS ID: O6407163

    Other facts

    • Construction Materials: Block / HardiPlank Type

    • Foundation Details: Slab

    • Living Area: 2972

    • Lot Size Dimensions: 50 x 100

    • Subdivision Name: ROGERS SEABREEZE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$695,000
Condo/Co-op
3 bds · 3 ba · 2,454 sqft
BELLA VISTA CONDO, DAYTONA BEACH
2515 S ATLANTIC AVENUE UNIT 301
For Sale
$825,000
Commercial
0 room(s) · 2,540 sqft
MASON & CARSWELLS HOLLY HILL, DAYTONA BEACH
128 RIDGEWOOD AVENUE
-$2K
For Sale
$547,000
Condo/Co-op
3 bds · 3 ba · 2,085 sqft
MARINA GRANDE/HALIFAX 01, HOLLY HILL
231 RIVERSIDE DRIVE UNIT 702-1
For Sale
$599,900
Condo/Co-op
3 bds · 2 ba · 1,911 sqft
MARINA POINT PH 01 CONDO, DAYTONA BEACH
731 MARINA POINT DRIVE UNIT 731
For Sale
$875,000
Multi-family
6 bds · 2,370 sqft
SMITH BERTHA K RESUB BLKS 17-18 21-23 & 26 MEMENTO, DAYTONA BEACH
205 N WILD OLIVE AVENUE
For Sale
$799,000
Multi-family
9 bds · 3,886 sqft
EAST DAYTONA, DAYTONA BEACH
835 N GRANDVIEW AVENUE
For Sale
$744,900
Multi-family
10 bds · 3,264 sqft
ASSESSORS DAYTONA BEACH, DAYTONA BEACH
162 S PENINSULA DRIVE
For Sale
$649,000
House
6 bds · 4 ba · 3,116 sqft
BOSTWICK PARK, DAYTONA BEACH
1225 GAMBLE PLACE

Market around this address

Live counts in the same area.
View all
This zip
32118
361
median $339K
Active
Same city
DAYTONA BEACH
700
median $309K
Active
Same type
Commercial
37
median $825K
Active
Similar price
$538K – $999K
105
median $679K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CHARLES RUTENBERG REALTY ORLANDO