29-Unit Motel Near Halifax
For Sale
Contact for pricing
1305 S Ridgewood Ave, Daytona Beach, FL 32114
29-unit motel with development potential near Halifax River.
Property Size14,000 SF
Lot Size1.00 Acre
Price / SF$207.14
Days on Market425
Property Features for 1305 S Ridgewood Ave
General Information
Standard status
Active
Size
14,000 SF
Lot size
1.00 Acre
Property subtype
Hospitality
Net Operating Income
$341,000
Listing Agency:
eXp Realty Orlando
(407) 616-5837
Listed By:
Justin Poritzky · License #SL3368214
Source:
Crexi
Added: Jun 24, 2025
Changed: Aug 15
Last Checked: Aug 21 at 11:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty Orlando
Investment Insights
Based on property information with market context.
The American Inn is a 29-unit motel situated minutes from the Halifax River. Currently operating as an extended stay facility, the rooms are rented weekly for between $400 and $450. The property generates approximately $600,000 in gross annual revenue, with a net operating income of over $450,000. Included in the sale is an acre of land located at the back of the property, which offers the potential for developing additional units. The property size is 14,000 square feet.
Key Highlights
- High Net Operating Income (NOI) of over $450,000 annually.
- Gross annual revenue of approximately $600,000.
- 29‑unit motel currently operating as an extended stay.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
525
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32114, FL
34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Resort Services — 625 Beville Rd, South Daytona, FL 32119
- Hawaii Motel — 1361 S Ridgewood Ave, Daytona Beach, FL 32114
- Spanish Villa's Apartments — 1648 S Palmetto Ave, Daytona Beach, FL 32119
- Red Carpet Inn Daytona Beach, FL — 1855 S Ridgewood Ave, Daytona Beach, FL 32119
- Super Inn — 1515 S Ridgewood Ave, Daytona Beach, FL 32114
Frequently Asked Questions
What type of property is this?
Motel - 29-unit motel with development potential near Halifax River.
Where is this motel located?
The property is located at 1305 S Ridgewood Ave 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: High Net Operating Income (NOI) of over $450,000 annually.; Gross annual revenue of approximately $600,000.; 29‑unit motel currently operating as an extended stay.
