1215 N Atlantic Ave Daytona Beach, FL 32118
Value-add extended-stay motel steps from the ocean.
Property Features for 1215 N Atlantic Ave
General Information
- Standard status
- Active
- Zoning
- T
Source:
Crexi
Listing Agency: SERHANT Listing Agent: Dino Dodani
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Daytona Beach Motel Value-Add Opportunity
This extended-stay motel offers a value-add opportunity, located directly across from the ocean. The property features 44 total units, with 22 units currently operational and generating income. An additional 22 units are ready for renovation, presenting an opportunity to increase revenue and overall property value. The two-story motel has an exterior corridor layout and sits on nearly one acre of land. It offers approximately 20,890 square feet of rentable building area, along with ample on-site parking, an outdoor patio, and guest common areas. The property also features high-speed internet. The location provides convenient proximity to Daytona Beach International Airport, major employment centers, hospitals and medical facilities, restaurants, entertainment, and local attractions. The property benefits from a coastal location with easy beach access. The exterior corridor design allows for efficient operations and lower staffing costs, making it ideal for extended-stay use. Once renovated and stabilized, the property has the potential to significantly increase total rental income.
Location Intelligence
Current Use by Public Records
Atlantic Breeze Inn ...
Hotel & Motel
Similar Places Nearby
Ocean Breeze Club Hotel, Plaza Resort & Spa Condominium Association, Inc., The Jackson, Coconut Palms, Boykin Management Company
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0179
- Latitude
- 29.24606
Nearby Similar for Sale
FAQs
What type of property is this?
Motel - Value-add extended-stay motel steps from the ocean.
Where is this motel located?
The property is located at 1215 N Atlantic Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: - Massive value-add opportunity through renovation of 22 non-operational units, allowing for significant income increase.; - Prime coastal location directly across from the ocean with easy beach access and proximity to key amenities.; - Immediate income from 22 currently operational units.
