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2011 Atlantic Ave Daytona Beach Shores, FL 32118

Sponsored
For Sale
$5,949,000

Daytona Beach Shores Hotel - Value Add

Property size:
9,156 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional 27-key hotel in Daytona Beach Shores, Florida, presents a compelling value-add investment opportunity. The three-story, 9,156 square foot building, constructed in 1987, sits on an 18,600 square foot lot and boasts a prime location on S Atlantic Ave, offering direct oceanfront or oceanview rooms with patios or balconies. Amenities include a heated pool, a canopy, a seawall, and 65 feet of beachfront. The property includes 28 parking spaces and is zoned commercial. With a diverse room selection including King and Queen rooms and suites, the hotel caters to various guest preferences. Daily rates range from $110 to $210, offering significant revenue potential. The asking price is $5,949,000, translating to $649.74 per square foot. This property represents a chance to capitalize on the growing demand for boutique accommodations in a highly desirable coastal location. The Volusia County property features a permitted commercial zoning designation and the APN is 531626000101. This is a limited-service hotel with significant upside potential for the right investor.

Property Features for 2011 Atlantic Ave

General Information

Property type
Hotels
Square Feet
9,156 SF

Building Details

Year Built
1987
Buildings
1
Stories
3

HighLights

  • Value‑add opportunity with limited‑service requirements.
  • High‑growth potential with upside for value creation.
  • Strong tenant base provides stable cash flow.
  • Prime location in a thriving market.
  • Below‑market rents offer significant rental upside.
  • Attractive acquisition price presents a compelling investment opportunity.
Property Profile Location Intelligence

Current Use by Public Records

Flamingo Inn Hotel Steve's Famous Diner Diner Harry's Famous Pizza Restaurant

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Wholesale Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Daytona Beach Shores
County
Volusia
State
Florida
Longitude
-80.9955462
Latitude
29.2023779

FAQs

What type of property is this?
Hotel - Daytona Beach Shores Hotel - Value Add
Where is this hotel located?
The property is located at 2011 Atlantic Ave Daytona Beach Shores, FL.
What is the asking price?
The asking price for this property is $5,949,000.
What are key features of this property?
This property features: Value-add opportunity with limited-service requirements.; High-growth potential with upside for value creation.; Strong tenant base provides stable cash flow.
More about this property
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