444 Seabreeze Blvd Daytona Beach, FL 32118
45-key motel, 11.14% cap rate, high occupancy.
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 393
Property Features for 444 Seabreeze Blvd
General Information
- Property type
- Motels
HighLights
- Prime Daytona Beach location, near major transportation hubs including Daytona Beach International Airport (18 min).
- Fully renovated in 2024, offering modern amenities (high‑speed internet, Wi‑Fi) while preserving vintage charm.
- 45‑key motel with 20,890 square feet across two stories, including a patio.
- Class C building, 0.91‑acre lot, 1.91 parking ratio per 1,000 sq ft.
- Strong revenue potential; 100% occupancy, $557,000 NOI, 11.14% cap rate; pro‑forma NOI of $634,800 and 12.70% cap rate.
- Efficient operations and reduced maintenance costs due to recent renovations.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0147711
- Latitude
- 29.234444