Beach-Access Short-Term Rental
For Sale
$80,000
2700 N ATLANTIC AVE #421, Daytona Beach, FL 32118
The resort offers multiple pools, an indoor spa, sauna, fitness center, and on-site laundry facilities.
Property Size308 SF
Price / SF$259.74
Days on Market212
Property Features for 2700 N ATLANTIC AVE #421
General Information
Standard status
Active
Size
308 SF
Property subtype
Condo - Hotel
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,041
Amenities
multiple pools
children's splash pool
indoor pool
indoor spa
sauna
fitness center
on-site laundry facilities
full kitchenette
Building Details
Building Size
308 SF
Year Built
1971
Listing Agency:
RE/MAX SIGNATURE
Listed By:
Justin Slavin · License #3326691
(386) 236-0760
Source:
Coastalventures
Added: Apr 3
Changed: Oct 26
Last Checked: Oct 31 at 4:16PM
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 RE/MAX SIGNATURE
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Investment Insights
Based on property information with market context.
Set on the fourth floor of Daytona Beach Resort & Conference Center, this west-facing condo includes a full kitchenette and direct beach access. The property was built in 1971 and offers an on-site rental management program for short-term stays, alongside the option for owner self-management.
Resort amenities include multiple pools, a children’s splash pool, an indoor pool, an indoor spa, a sauna, a fitness center, and on-site laundry. Shops, restaurants, and entertainment are within walking distance.
Resort amenities include multiple pools, a children’s splash pool, an indoor pool, an indoor spa, a sauna, a fitness center, and on-site laundry. Shops, restaurants, and entertainment are within walking distance.
Key Highlights
- Direct access to the beach
- Fourth‑floor, west‑facing condo
- Full kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,347
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$46,940
$46.9K
Cap Rate 7%
$33,529
$33.5K
Cap Rate 9%
$26,078
$26.1K
Market Conditions
NOI Build-Up for 308 SF
Gross rent
$4.8K $15.48/SF
− Vacancy
−$501 −$1.63/SF
EGI
$4.3K $13.85/SF
− OpEx
−$1.9K −$6.23/SF
NOI
$2.3K $7.62/SF
Area
Volusia County, FL
Vacancy
10.50%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$46,940
Cap Rate 7%
$33,529
Cap Rate 9%
$26,078
Alternative Uses
Best Use
Apartment 5plus
$33.5K
$29.3K – $39.1K
NOI $2,347 @ 7.0% cap · market cap 2.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$90.8K
$79.5K – $106.0K
NOI $6,357 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
159
Businesses Nearby
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Business Placement
Demographics for 32118, FL
17,906
Population
16,390
Households
1.1
Avg Household Size
58
Median Age
31%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
4,263
Density / Sq Mi
$60,418
Median Household Income
$36,153
Median Earnings
$1,283
Median Rent
$339,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - The resort offers multiple pools, an indoor spa, sauna, fitness center, and on-site laundry facilities.
Where is this short term rental property located?
The property is located at 2700 N ATLANTIC AVE #421 Daytona Beach, FL.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Direct access to the beach; Fourth‑floor, west‑facing condo; Full kitchenette
