Daytona Beach, Florida

Volusia County Real Estate - Daytona Beach

Daytona Beach is the location of one of the single most popular sporting events in the country, the NASCAR Daytona 500, which opens the stock car racing season. NASCAR's main headquarters are in the city. Other auto racing and motorcycle events take place throughout the year. The city is also home to the LPGA and hosts several golf courses.

Daytona Beach is a city of 61,005 people.  It is served by light manufacturing concerns, especially with respect to the automotive and healthcare industries.  The city is home to Bethune-Cookman University, Embry-Riddle Aeronautical University, Daytona State College, and a campus of the University of Central Florida.

Daytona Beach is in East Central Florida. It's population as recorded in the 2010 Census was 61,005.

The median age for residents of Daytona Beach is 39.8. Around 19.5% of Daytona Beach households include school aged children and 29.8% of households include individuals aged 65 years or over. Census records indicate 57.8% of the Daytona Beach population are White, 35.3% are Black or African American, .3% American Indian, 2.2% Asian and 2.3% are Two or more Races.

There are 33,920 housing units in Daytona Beach. 6,606 (19.4%) of these were reported as vacant in the 2010 Census. Daytona Beach is a tourist destination, 33.7% (2,232) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 17,219 residential rental units in Daytona Beach. 14,731 of them were occupied in 2010 providing a residential rental vacancy rate of 14%.

Daytona Beach links:

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Daytona Beach is located in Volusia County. It has a population of approximately 61,005 people. The population increased 1.7% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 0.5% for Volusia County and a 1.7% increase for the country as a whole. Daytona Beach occupies 58.41 of the 1101.03 square miles in Volusia County. It had a population density of 1044.4 persons per square mile in 2010. This compared to 449.2 for the county, 350.6 for Florida and 87.4 for the country.

13.3% ( 33,920) of the 254,981 housing units in Volusia County are in Daytona Beach (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Daytona Beach has a 49.8% homeownership rate compared to Volusia County's 75.0% homeownership rate and Florida's rate of 69.0%.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
United States 313,914,040 $14,025,202 1.7% $52,762 132,312,404 $186,200
Florida 18,801,310 $630,738 2.7% $47,827 9,026,965 $188,600
Volusia County 494,593 $10,951 0.5% $44,169 254,981 $172,100
Daytona Beach 61,005 $2,9121.7%$29,533 33,920$150,200

Daytona Beach's medium household income in 2011 was $29,533. Volusia County's medium household income was $44,169, which is lower than the medium income for Florida as a whole: $47,827. 29.0% of the population in Daytona Beach lives below the poverty line, compared to 14.7% in Florida, 15.0% of the population in Volusia County and 14.3% nationwide. Additional Information:

Daytona Beach Economic Activity

The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Daytona Beach. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.

At $2,912 million, Daytona Beach's economic activity represents 26.59% of Volusia County's $10,951MM in economic activity. Volusia County represents 1.74% of the Florida economy.

Daytona Beach Economic Activity
ActivityValue (Millions)Percentage
Manufacturers shipments $316 10.9%
Merchant wholesaler sales $448 15.4%
Retail sales $1,811 62.2%
Accommodation and food services sales $337 11.6%
Total $2,912100%

Volusia County Regional Comparisons

Economic Indicators
CityPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Daytona Beach 61,005 $2,9121.7%$29,533 33,920$150,200
DeBary 19,320 $104Z$58,963 8,978$208,100
DeLand 27,031 $1,2351.5%$36,527 12,610$167,900
Deltona 85,182 $3290.3%$50,420 34,089$166,000
Edgewater 20,750 $3240.2%$45,493 9,929$160,000
New Smyrna Beach 22,464 $5321.5%$49,625 16,847$233,800
Orange City 10,599 $511-0.3%$30,712 5,917$84,500
Ormond Beach 38,137 $1,1780.6%$48,427 19,576$201,300
Port Orange 56,048 $9730.5%$47,763 27,972$171,200

Volusia County is located in East Central Florida. This region is responsible for 17.0% of Florida's economic activity. Volusia County represents 10.2% of the region's economy.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Brevard County 543,376 $16,070 0.7% $50,068 270,512 $171,200
Osceola County 268,685 $7,448 7.0% $46,479 129,830 $170,200
Orange County 1,145,956 $53,843 4.9% $49,731 492,209 $211,100
Seminole County 422,718 $12,124 1.9% $58,908 182,625 $225,500
Lake County 297,052 $5,430 2.1% $47,509 145,303 $167,900
Volusia County 494,593 $10,951 0.5% $44,169 254,981 $172,100
Sumter County 93,420 $1,120 8.8% $44,817 55,988 $186,800
Total 3,369,551 $106,985 3.7% $48,812 1,531,448 $186,400

Daytona Beach Real Estate

There are 47,446 properties in Daytona Beach. The following table shows a summary of them based on 2014 sales data.

Daytona Beach Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 117 0.25 0n/an/an/an/a
Commercial 25 0.05 0n/an/an/an/a
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 1,257 2.65 5 $80,000 $44February 1st, 2014June 1st, 2014
Health Care 19 0.04 0n/an/an/an/a
Hotel & Motel 357 0.75 10 $2,050,000 $62January 1st, 2014August 1st, 2014
Industrial 748 1.58 14 $218,250 $43February 1st, 2014August 1st, 2014
Miscellaneous Property 103 0.22 0n/an/an/an/a
Mobile/Manufactured 310 0.65 9 $45,000 $39January 1st, 2014August 1st, 2014
Multifamily 1,329 2.80 66 $140,850 $57January 1st, 2014September 1st, 2014
Office 700 1.48 27 $250,000 $56January 1st, 2014August 1st, 2014
Residential 40,358 85.06 1,909 $82,000 $79January 1st, 2014August 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 1,760 3.71 65 $190,000 $57January 1st, 2014August 1st, 2014
Senior Housing 34 0.07 0n/an/an/an/a
Special Purpose 261 0.55 4 $91,350 $45January 1st, 2014July 1st, 2014
Sports & Entertaining 68 0.14 1 $176,300 $23January 1st, 2014January 1st, 2014

Agricultural Real Estate in Daytona Beach, Florida

117( .25%) of the properties in Daytona Beach are classified as Agricultural.

Commercial Real Estate in Daytona Beach, Florida

25( .05%) of the properties in Daytona Beach are classified as Commercial.

Commercial Real Estate in Daytona Beach, Florida

0( .00%) of the properties in Daytona Beach are classified as Commercial.

Government Real Estate in Daytona Beach, Florida

1,257( 2.65%) of the properties in Daytona Beach are classified as Government. 5 of them sold between February 1st, 2014 and June 1st, 2014. The total value of these sales was $740,900. The median sales price was $80,000. In 2014 the median sales price for Government Property in Daytona Beach was $44 per sq ft.

Health Care Real Estate in Daytona Beach, Florida

19( .04%) of the properties in Daytona Beach are classified as Health Care.

Hotel & Motel Real Estate in Daytona Beach, Florida

357( .75%) of the properties in Daytona Beach are classified as Hotel & Motel. 10 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $22,805,000. The median sales price was $2,050,000. In 2014 the median sales price for Hotel & Motel in Daytona Beach was $62 per sq ft.

Industrial Real Estate in Daytona Beach, Florida

748( 1.58%) of the properties in Daytona Beach are classified as Industrial. 14 of them sold between February 1st, 2014 and August 1st, 2014. The total value of these sales was $6,147,100. The median sales price was $218,250. In 2014 the median sales price for Industrial in Daytona Beach was $43 per sq ft.

Miscellaneous Real Estate in Daytona Beach, Florida

103( .22%) of the properties in Daytona Beach are classified as Miscellaneous.

Mobile/Manufactured Real Estate in Daytona Beach, Florida

310( .65%) of the properties in Daytona Beach are classified as Mobile/Manufactured. 9 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $360,200. The median sales price was $45,000. In 2014 the median sales price for Mobile/Manufactured in Daytona Beach was $39 per sq ft.

Multifamily Real Estate in Daytona Beach, Florida

1,329( 2.80%) of the properties in Daytona Beach are classified as Multifamily. 66 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $22,547,771. The median sales price was $140,850. In 2014 the median sales price for A Class Multifamily in Daytona Beach was $153 per sq ft, B Class properties sold for $57/ft and C Class $22/ft.

Office Real Estate in Daytona Beach, Florida

700( 1.48%) of the properties in Daytona Beach are classified as Office. 27 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $8,241,670. The median sales price was $250,000. In 2014 the median sales price for A Class Office in Daytona Beach was $161 per sq ft, B Class properties sold for $56/ft and C Class $16/ft.

Residential Real Estate in Daytona Beach, Florida

40,358( 85.06%) of the properties in Daytona Beach are classified as Residential. 1,909 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $238,660,850. The median sales price was $82,000. In 2014 the median sales price for A Class Residential in Daytona Beach was $174 per sq ft, B Class properties sold for $79/ft and C Class $29/ft.

Residential Real Estate in Daytona Beach, Florida

0( .00%) of the properties in Daytona Beach are classified as Residential.

Retail Real Estate in Daytona Beach, Florida

1,760( 3.71%) of the properties in Daytona Beach are classified as Retail. 65 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $37,818,000. The median sales price was $190,000. In 2014 the median sales price for A Class Retail in Daytona Beach was $375 per sq ft, B Class properties sold for $57/ft and C Class $18/ft.

Senior Housing Real Estate in Daytona Beach, Florida

34( .07%) of the properties in Daytona Beach are classified as Senior Housing.

Special Purpose Real Estate in Daytona Beach, Florida

261( .55%) of the properties in Daytona Beach are classified as Special Purpose. 4 of them sold between January 1st, 2014 and July 1st, 2014. The total value of these sales was $2,862,700. The median sales price was $91,350. In 2014 the median sales price for Special Purpose in Daytona Beach was $45 per sq ft.

Sports & Entertaining Real Estate in Daytona Beach, Florida

68( .14%) of the properties in Daytona Beach are classified as Sports & Entertaining. 1 of them sold between January 1st, 2014 and January 1st, 2014. The total value of these sales was $176,300. The median sales price was $176,300. In 2014 the median sales price for Sports & Entertaining in Daytona Beach was $23 per sq ft.

Daytona Beach, Volusia County Market Data

Daytona Beach Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 110 4,104
Commercial 25 25,016
Government Property 1,171 14,095,556
Health Care 17 332,139
Hotel & Motel 321 8,180,626
Industrial 731 9,823,765
Land 5,224 1,584,679
Miscellaneous Property 98 2,408,039
Mobile/Manufactured 304 821,777
Multifamily 1,246 12,164,622
Office 651 6,414,490
Residential 39,891 52,767,944
Retail 1,610 17,250,888
Senior Housing 30 2,420,966
Special Purpose 249 4,051,336
Sports & Entertaining 56 673,473

Daytona Beach Median Property Values per Sq Ft

Daytona Beach Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Camp 2016 $67$37 $51$17 $35$7
Airport (private or commercial), bus terminal, marine terminal, pier or marina. 2016 $67$24 $51$12 $35$7
Auto sales, auto repair and storage or auto service shop 2016 $67$32 $51$16 $35$8
Bowling alley, skating rink, pool hall or enclosed arena 2016 $67$37 $51$17 $35$7
Church 2016 $67$24 $51$12 $35$7
Club, lodge or union hall 2016 $67$24 $51$12 $35$7
College 2016 $67$30 $51$15 $35$7
Community Shopping Center 2016 $67$32 $51$16 $35$8
Condominium 2016 $67$16 $51$16 $35$16
Condominium Unit 2016 $67$16 $51$16 $35$16
Cooperative 2016 $67$16 $51$16 $35$16
County Owned 2016 $67$30 $51$15 $35$7
County Owned Land-Vacant (That Does Not Qualify In Another Code) 2016 $67$6 $51$6 $35$6
Cropland soil capability Class III 2016 $67$27 $51$15 $35$9
Cultural organization, facility 2016 $67$24 $51$12 $35$7
Dairies, feed lots 2016 $67$27 $51$15 $35$9
Dealership Sales / Service Center 2016 $67$32 $51$16 $35$8
Department Store 2016 $67$32 $51$16 $35$8
Drive-in Restaurant 2016 $67$32 $51$16 $35$8
Federal Owned 2016 $67$30 $51$15 $35$7
Financial institution (bank, saving and loan company, mortgage company, credit services) 2016 $67$32 $51$16 $35$8
Florist or greenhouse 2016 $67$32 $51$16 $35$8
Food processing 2016 $67$17 $51$10 $35$5
Forest, park or recreational area 2016 $67$30 $51$15 $35$7
Golf course or driving range 2016 $67$37 $51$17 $35$7
Grazing Land - Soil Capability Class Ii Vacant 2016 $67$27 $51$15 $35$9
Grazing land soil capability Class II 2016 $67$27 $51$15 $35$9
Grazing land soil capability Class III 2016 $67$27 $51$15 $35$9
Grazing land soil capability Class IV 2016 $67$27 $51$15 $35$9
Grazing land soil capability Class VI 2016 $67$27 $51$15 $35$9
Heavy industrial 2016 $67$17 $51$10 $35$5
Home for the aged 2016 $67$15 $51$10 $35$9
Hospital 2016 $67$30 $51$15 $35$7
Hospital -General-Privately Owned 2016 $67$25 $51$17 $35$11
Hotel or motel 2016 $67$33 $51$33 $35$33
Improved Residential Common Area 2016 $67$16 $51$16 $35$16
Leasehold interests (government owned property leased by a non-governmental lessee) 2016 $67$42 $51$15 $35$6
Light Manufacturing,Small Equipt.Mfg. Plants,Sm.Machine Shops,Instrument Mfg., 2016 $67$17 $51$10 $35$5
Light manufacturing 2016 $67$17 $51$10 $35$5
Lumber yard, sawmill or planing mill 2016 $67$17 $51$10 $35$5
Mineral processing, cement plant,refinery, clay plants or gravel plant 2016 $67$17 $51$10 $35$5
Miscellaneous Residential (migrant camp or boarding home.) 2016 $67$33 $51$33 $35$33
Mixed Use- Commercial Property 2016 $67$17 $51$10 $35$5
Mixed use - store and office or store and residential or residential combination 2016 $67$32 $51$16 $35$8
Mobile Home 2016 $67$6 $51$6 $35$6
Mortuary, cemetery or crematorium 2016 $67$24 $51$12 $35$7
Motor Inn 2016 $67$33 $51$33 $35$33
Multi-family - 10 units or more 2016 $67$22 $51$13 $35$7
Multi-family - less than 10 units 2016 $67$22 $51$13 $35$7
Multifamily 2016 $67$30 $51$18 $35$11
Municipal Owned 2016 $67$30 $51$15 $35$7
Nightclub, cocktail lounge or bar 2016 $67$37 $51$17 $35$7
Office Building- Single Tenant- 1 Story 2016 $67$30 $51$18 $35$11
Office building, non-professional service building, multi-story 2016 $67$30 $51$18 $35$11
Office building, non-professional service building, one story 2016 $67$30 $51$18 $35$11
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) 2016 $67$17 $51$10 $35$5
Orchard Groves, Citrus, etc. 2016 $67$27 $51$15 $35$9
Orphanage, other non-profit or charitable services 2016 $67$24 $51$12 $35$7
Parking Lot - Commercial 2016 $67$17 $51$10 $35$5
Private school or college 2016 $67$24 $51$12 $35$7
Privately owned hospital 2016 $67$25 $51$17 $35$11
Professional service building 2016 $67$30 $51$18 $35$11
Professional/Office Complex 2016 $67$30 $51$18 $35$11
Public county school 2016 $67$30 $51$15 $35$7
Race track: horse, auto or dog 2016 $67$37 $51$17 $35$7
Regional Shopping Center 2016 $67$32 $51$16 $35$8
Repair service shop (excluding automotive) 2016 $67$32 $51$16 $35$8
Restaurant / Cafeteria 2016 $67$32 $51$16 $35$8
Restaurant, cafeteria 2016 $67$32 $51$16 $35$8
Retail Store- 1 Unit 2016 $67$32 $51$16 $35$8
School -Private 2016 $67$24 $51$12 $35$7
Service Shop, Radio & T.V. Repair, Refrigeration Service,Paint Shop, Elec 2016 $67$32 $51$16 $35$8
Service station 2016 $67$32 $51$16 $35$8
Single Family 2016 $67$16 $51$16 $35$16
Single Family Residence 2016 $67$16 $51$16 $35$16
State Owned 2016 $67$30 $51$15 $35$7
Store, one story 2016 $67$32 $51$16 $35$8
Supermarket 2016 $67$32 $51$16 $35$8
Timberland - site index 50 to 59 2016 $67$27 $51$15 $35$9
Timberland - site index 60 to 69 2016 $67$27 $51$15 $35$9
Timberland - site index 70 to 79 2016 $67$27 $51$15 $35$9
Timberland - site index 80 to 89 2016 $67$27 $51$15 $35$9
Timberland - site index 90 and above 2016 $67$27 $51$15 $35$9
Tourist attraction, permanent exhibit or other entertainment facilities 2016 $67$37 $51$17 $35$7
Utility 2016 $67$42 $51$15 $35$6
Warehousing, Distribution_Terminal, Trucking Terminal, Van & Storage 2016 $67$17 $51$10 $35$5
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2016 $67$17 $51$10 $35$5
Wholesale outlet, produce house or manufacturing outlet 2016 $67$32 $51$16 $35$8