# 16 S GRANDVIEW AVE, Daytona Beach, FL 32118

> **TL;DR:** commercial, $769,000 ($259/sqft), built 1910, 2,972 sqft. Est. $3,332/mo. Listed 20 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $769,000 |
| Price/sqft | $259 |
| Square Feet | 2,972 |
| Year Built | 1910 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 20 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,332 |
| **Total** | **$3,332** |

## Property Highlights

- Built in 1910
- 0.11 acre lot

## Description

### Agent Description
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

- **Address:** 16 S GRANDVIEW AVE, Daytona Beach, FL 32118
- **County:** Volusia
- **Neighborhood:** ROGERS SEABREEZE
- **Coordinates:** 29.225575, -81.009326
- **Google Maps:** https://www.google.com/maps?q=29.225575,-81.009326

## Listing Agent

- **Name:** Husain Jaffer
- **Brokerage:** CHARLES RUTENBERG REALTY ORLANDO
- **Phone:** 4079237642
- **Email:** Husain@MariamRealtyGroup.com

## Primary Photo

![16 S GRANDVIEW AVE - Primary Photo](http://lh.rdcpix.com/d030803b1bf0abcaba55e0ed4cf730adl-f3634922401r.jpg)

*51 total photos available on [listing page](https://www.propertysimple.com/listing/16-s-grandview-ave-daytona-beach-fl-32118-o6407163)*

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**MLS#:** O6407163 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/16-s-grandview-ave-daytona-beach-fl-32118-o6407163)

---

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