22-Unit Oceanfront
For Sale
Contact for pricing
735 N Atlantic Ave, Daytona Beach, FL 32118
Direct beach access and guest parking support hospitality operations along the A1A corridor.
Property Size24,834 SF
Price / SF$108.72
Days on Market216
Property Features for 735 N Atlantic Ave
General Information
Standard status
Active
Size
24,834 SF
Property subtype
Hospitality
Zoning
t
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$242,000
Building Details
Year Built
1954
Year Renovated
2023
Buildings
2
Stories
1
Listing Agency:
Epique Realty
(386) 679-0888
Listed By:
Dino Dodani · License #FL SL3221388
Source:
Crexi
Added: Jan 27
Changed: Aug 30
Last Checked: Aug 30 at 3:13PM
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 Epique Realty
Investment Insights
Based on property information with market context.
This 22-unit motel occupies an oceanfront site with direct access to the beach. The unit mix includes studios, one-bedroom layouts, and two-bedroom layouts, serving both short-term and extended-stay accommodation needs. The property includes onsite guest parking and was built in 1954.
The motel is located at 735 N Atlantic Ave in Daytona Beach along the A1A corridor, within the city’s tourist district. The boardwalk, Ocean Walk Shoppes, and Main Street attractions are identified as nearby destinations, providing walkable access to established visitor-oriented activity.
The property encompasses over 0.5 acres and combines an operating motel configuration with oceanfront land. Its 22-room layout, beach access, parking, and location along N Atlantic Ave define the core physical and operational profile.
The motel is located at 735 N Atlantic Ave in Daytona Beach along the A1A corridor, within the city’s tourist district. The boardwalk, Ocean Walk Shoppes, and Main Street attractions are identified as nearby destinations, providing walkable access to established visitor-oriented activity.
The property encompasses over 0.5 acres and combines an operating motel configuration with oceanfront land. Its 22-room layout, beach access, parking, and location along N Atlantic Ave define the core physical and operational profile.
Key Highlights
- 22 total units with studios, 1BR, and 2BR layouts
- Oceanfront site with direct beach access
- Over 0.5 acres of oceanfront land
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$89,179
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,783,580
$1.8M
Cap Rate 7%
$1,273,986
$1.3M
Cap Rate 9%
$990,878
$990.9K
Market Conditions
NOI Build-Up for 24,834 SF
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.
Gross rent
$447.0K $18.00/SF
− Vacancy
−$259.3K −$10.44/SF
EGI
$187.7K $7.56/SF
− OpEx
−$98.6K −$3.97/SF
NOI
$89.2K $3.59/SF
Area
Volusia County, FL
Vacancy
58.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,783,580
Cap Rate 7%
$1,273,986
Cap Rate 9%
$990,878
Alternative Uses
Best Use
Hotel Hospitality
$1.27M
$1.11M – $1.49M
NOI $89,179 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.32M
$6.41M – $8.54M
NOI $512,574 @ 7.0% cap · market cap 18.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
890
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Motel - Direct beach access and guest parking support hospitality operations along the A1A corridor.
Where is this motel located?
The property is located at 735 N Atlantic Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 22 total units with studios, 1BR, and 2BR layouts; Oceanfront site with direct beach access; Over 0.5 acres of oceanfront land
