The city’s flood protection page says the Nova Canal is the main cause of flood damage in the low area bounded by Nova Road, Orange Avenue, US 1 and Beville Road. If your house is in that area, its flood zone, any elevation certificate and its claims history will shape what a financed buyer can do.
After a storm, Daytona Beach’s post-storm recovery permitting guide applies the flood-zone elevation rules to substantially damaged buildings. Under FEMA’s definition, a building is substantially damaged when restoring it would cost 50% or more of its pre-damage market value; it then has to meet current flood standards, often meaning elevation. You can sell to us before that is settled. Florida’s flood disclosure law (s. 689.302) still asks you to tell the buyer about flood damage, flood claims and FEMA help. This is general information, not legal advice.