1306 Atlantic Ave Daytona Beach, FL 32118
Sponsored
Renovated Retro Hotel, 40 Keys
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 1306 Atlantic Ave
General Information
- Property type
- Motels
Building Details
- Buildings
- 3
HighLights
- Prime Daytona Beach oceanfront hotel with 40 keys across three buildings.
- Recently renovated with updated amenities including a new roof, balconies, AC system, kitchens, tile, and resurfaced pool.
- 100 feet of direct ocean frontage; 32 oceanfront or oceanview rooms.
- Turnkey operation with existing management and staff; strong NOI of $574,239.
- 8.44% cap rate at $6,800,000 asking price ($170,000 per key).
- Located at 1306 N Atlantic Ave, Daytona Beach, FL; assumable mortgage available.
Property Profile
Location Intelligence
Current Use by Public Records
Cove Motel
Motel
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0182037
- Latitude
- 29.2485671
Nearby Similar for Sale
FAQs
What type of property is this?
Motel - Renovated Retro Hotel, 40 Keys
Where is this motel located?
The property is located at 1306 Atlantic Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: Prime Daytona Beach oceanfront hotel with 40 keys across three buildings.; Recently renovated with updated amenities including a new roof, balconies, AC system, kitchens, tile, and resurfaced pool.; 100 feet of direct ocean frontage; 32 oceanfront or oceanview rooms.
