212 S DAYTONA AVENUE
Flagler Beach, FL 32136

4 Beds 4 Full Bath 2640 sq ft 29 Days on Market

Four income streams, one block from the beach, directly across from the new Compass Hotel by Margaritaville.

This fully renovated four-unit mixed-use building sits on a rare double lot in the heart of downtown Flagler Beach — zoned Mixed Use General Commercial, which permits short-term rentals, long-term rentals and commercial tenants. In a city where new short-term rental registrations are limited that entitlement is close to impossible to reproduce.

The two upper units are leased to long-term tenants on annual leases, producing income from day one. Both ground-floor units are delivered vacant, so you set the rents: one is a finished residential apartment, the other a true turnkey storefront with a full ADA bathroom, handicap parking space and ramp — ready for a boutique, studio, café, gallery, bakery or office.

Every unit has been renovated within the last five years: new LVP flooring, new kitchen cabinets and countertops, updated bathrooms, new water heater and a new roof.

Outside is where this property separates itself. Five dedicated parking spaces plus side-street public parking. A fully fenced backyard with an oversized paver patio and fire pit — an exceptional shared amenity for commercial tenants or a private retreat for guests. Rear alley access for deliveries and service. And the city has approved a secondary building on the lot, opening the door to additional units and materially higher revenue.

The location is doing the work for you. You are two blocks from the sand, steps from downtown's shops ...

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Listing Courtesy of: REALTY EXCHANGE, LLC
386-446-0017

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Principal and Interest
Property Taxes 656
HOA Fees 0
Homeowners Insurance 700
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Property Last Updated: October 08, 2026 06:32 PM - ET