Renovated Extended-Stay Hotel Investment
1215 n Atlantic Ave Unit Daytona Beach, Daytona Beach, FL 32118
RECESSION-RESILIENT EXTENDED-STAY HOTEL — CASH FLOW IN ANY MARKET
Property size:
33,000 SFLot size:
0.73 AcresPrice / SF:
$87/SF- Added:
- Jan 14, 2026
- Days on Market:
- 140
- Last Refresh:
- Mar 16 at 9:06 am
Property Features for 1215 n Atlantic Ave Unit Daytona Beach
General Information
- Standard status
- Active
- Property type
- Motels, Multifamily properties, Hospitality properties, Residential income properties
- Size
- 33,000 SF
- Net Rentable
- 33,000 SF
- Class
- B
- Total Parking Spaces
- 44
- Lot size
- 0.73 Acres
- Occupancy
- 100%
- Sale Condition
- 1031 Exchange
- Investment Type
- Stabilized
- Net Operating Income
- $427,000
Building Details
- Year Built
- 1955
- Year Renovated
- 2023
- Buildings
- 1
- Stories
- 2
- Units
- 44
Listing agent Dino License #SL3221388 (386) 679-0888
Listing office Epique Realty Inc (386) 679-0888
Listing date Jan 14, 2026
HighLights
- Investment Highlights for Charming Boutique Hotel
- Prime Location:
- Convenient Access: Situated within easy reach of major transportation hubs, including Deland Amtrak (46 min drive), Debary (49 min drive), Sanford (56 min drive), and Daytona Beach International Airport (18 min drive).
- Proximity to Attractions: Close to popular destinations and attractions, making it an ideal choice for travelers and tourists.
- Renovated and Modernized:
- Recent Renovation: Fully renovated in 2024, offering modern amenities while preserving the hotel's vintage charm.
- Updated Infrastructure: High‑speed internet access, public access wifi, and a smoke‑free environment cater to today's discerning guests.
- Spacious and Comfortable:
- Ample Space: The hotel boasts 20,890 square feet of space across two stories, providing plenty of room for guests to relax and enjoy their stay.
- Outdoor Amenities: Features a delightful patio area for guests to unwind and socialize.
- Strong Market Position:
- Building Class C: Well‑positioned within the market, offering a balance of affordability and comfort.
- Parking Availability: A parking ratio of 1.91 spaces per 1,000 square feet ensures ample parking for guests.
- Attractive Financials:
- Revenue Potential: With a competitive rental rate and the ability to attract a steady stream of guests, the hotel offers strong revenue potential.
- Operational Efficiency: The recent renovations and modern amenities contribute to efficient operations and reduced maintenance costs.
- Growth Opportunities:
- Expansion Possibilities: The 0.91‑acre lot size provides potential for future expansion or additional amenities.
- Market Demand: The hospitality market in the area is growing, driven by tourism and business travel, offering potential for increased occupancy rates.
- Investment Security:
- Solid Asset: Owning a well‑maintained and recently renovated property in a prime location provides a secure and attractive investment opportunity.
- Long‑Term Value: The hotel's combination of modern amenities, prime location, and spacious accommodations ensures long‑term value and growth potential.
- Contact us today to learn more about this exciting investment opportunity and to schedule a tour of this charming boutique hotel.
Overview
This recently renovated extended-stay boutique hotel offers durable demand and operational flexibility. The two-story exterior-corridor hotel has 44 units and a rentable building area of 20,890 square feet, situated on nearly one acre. The property is suitable for workforce housing, insurance displacement, traveling professionals, medical stays, construction crews, and long-term leisure guests. Renovated in 2024, the property blends classic Florida charm with modern expectations, including high-speed internet, public Wi-Fi, and a smoke-free environment. It features an outdoor patio. The property is conveniently located near transportation hubs, including Deland Amtrak (46 min drive), Debary (49 min drive), Sanford (56 min drive), and Daytona Beach International Airport (18 min drive). The hotel is well-positioned within the market, offering a balance of affordability and comfort. A parking ratio of 1.91 spaces per 1,000 square feet ensures ample parking for guests. The 0.73-acre lot size provides potential for future expansion or additional amenities. The property is located in Daytona Beach, Florida.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $510.8k | $15.48 |
| − Vacancy | −$53.6k | −$1.63 |
| EGI | $457.2k | $13.85 |
| − OpEx | −$205.7k | −$6.23 |
| NOI | $251.5k | $7.62 |
33,000 SF · lease $15.48/SF/yr · vacancy 10.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$3.59M
$3.14M – $4.19M
NOI $251,461 @ 7.0% cap · market cap 8.67%
Second Best
Hotel Hospitality
$1.69M
$1.48M – $1.98M
NOI $118,503 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$9.73M
$8.51M – $11.35M
NOI $681,120 @ 7.0% cap · market cap 23.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Motels
Similar Places Nearby
- Live Oaks Inn — 448 S Beach St, Daytona Beach, FL 32114
- nautilis — 450 Basin St, Daytona Beach, FL 32114
- Daytona Beach Shores Hotel — 1909 S Atlantic Ave #806, Daytona Beach, FL 32118
- Oceanside Inn — 1909 S Atlantic Ave, Daytona Beach, FL 32118
- Oceanfront 3 br Condo, Daytona Beach Unit #608 — 1925 S Atlantic Ave APT 608, Daytona Beach Shores, FL 32118
Map
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.01791
- Latitude
- 29.2463013
Nearby Similar for Sale
FAQs
What type of property is this?
Motel - RECESSION-RESILIENT EXTENDED-STAY HOTEL — CASH FLOW IN ANY MARKET
Where is this motel located?
The property is located at 1215 n Atlantic Ave Unit Daytona Beach Daytona Beach, FL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Investment Highlights for Charming Boutique Hotel; Prime Location:; Convenient Access: Situated within easy reach of major transportation hubs, including Deland Amtrak (46 min drive), Debary (49 min drive), Sanford (56 min drive), and Daytona Beach International Airport (18 min drive).
