125 Basin StDaytona Beach, FL 32114

Property Details for 125 Basin St

Year built

1989

Construction

WOOD

Lot size

0.71 AC

Property size (Sq ft)

816 SF

Property type

Retail properties

Property subtype

Other retail properties

APN

5339-01-03-0067

APU

533901030067

Description

Halifax Harbor Plaza presents a unique opportunity in Daytona Beach's vibrant downtown. This stunning waterfront property boasts nearly full occupancy, with only two suites currently available for lease. The plaza offers breathtaking views of both the North and South marinas and the Intracoastal Waterway. The building comprises a total of 39,872 square feet situated on a 24.4-acre lot (APN: 5339-01-03-0067). Currently, the plaza houses a diverse mix of tenants including restaurants, law offices, a boat club, yacht sales, and an advertising firm, creating a thriving and dynamic business environment. Suite 205, a newly available 8,892 square foot space on the second floor, features an open floor plan, vaulted ceilings, and expansive marina and Halifax River views. This suite also includes a private balcony, two large conference rooms, a reception area, and restrooms. A smaller suite, Suite 200, is also available for lease, offering just under 900 square feet of space. The plaza's prime location near City Hall, the Daytona Beach Chamber of Commerce, the Courthouse, and numerous restaurants provides unparalleled convenience and accessibility. Commuting by boat is even an option! This is a premier office and retail location in Daytona Beach, offering an exceptional opportunity for businesses seeking a prestigious and highly visible address. The property is a single-tenant building with one total building suite. The property type is retail, land, and office.

• CAP approach

  CAP return

  Valuation

  6%

  $251,907

  6.5%

  $232,529

  7%

  $215,920

• Comparable approach

  Method

  Valuation

  Relative Method

  $303,543

  Geo Method

  $229,547

• Alternative Use

  Use

  Valuation

  Residential

  $196,147

  Hospitality

  $179,670

  Educational

  $149,483

  Medical

  $154,624

  Retail

  $232,529

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Latitude

29.2073

Longitude

-81.0117

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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