444 Seabreeze Blvd Daytona Beach, FL 32118

153,884 SF 2.85 ac lot Built 1974

Entity Owned 1-yr Hold ~ Est. High Equity

Property ID

US18-0347761

$4,850,000 153,884 SF

444 Seabreeze Blvd, Daytona Beach, FL 32118
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This Daytona Beach motel presents a compelling investment opportunity. Priced at $5,000,000, this 45-key property boasts a current NOI of $557,000 and a pro-forma NOI of $634,800, translating to a current cap rate of 11.14% and a pro-forma cap rate of 12.70%. Currently operating at 100% occupancy, the motel offers significant revenue potential. The 20,890 square foot, two-story building underwent a complete renovation in 2024, featuring modern amenities such as high-speed internet access, public Wi-Fi, and a smoke-free environment, all within a charming, vintage-style setting. The property includes a patio area and ample parking (1.91 spaces per 1,000 square feet). Situated on a 0.91-acre lot, it offers potential for future expansion. Its convenient location near major transportation hubs, including Daytona Beach International Airport (18-minute drive) and several Amtrak stations (within a 46-56 minute drive), ensures easy access for travelers. The property's strong financials, coupled with its prime location and recent renovations, make it an attractive investment with significant long-term value and growth potential within a thriving hospitality market. The building is classified as Class C.