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    Atlantic Ave Daytona Beach Shores, FL 32118

    Sponsored
    For Sale
    $2,800,000

    Prime Beachfront Motel, High NOI

    Property size:
    7,738 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional beachfront motel in Daytona Beach Shores, Florida, presents a compelling redevelopment opportunity. Boasting 7,738 square feet, this single-story property features 21 keys and currently enjoys a 75% occupancy rate, generating a substantial net operating income (NOI) of $420,000. Located on S Atlantic Ave in Volusia County (zip code 32118), the motel benefits from a prime location directly across from the ocean, placing it within easy reach of Daytona Beach's renowned attractions and vibrant tourism scene. The property's strong revenue history and positive reviews underscore its potential for continued growth and profitability. This turnkey operation is well-maintained and ready for a new owner to capitalize on the favorable market conditions within the hospitality industry. Detailed financial information and operational insights are available upon execution of a confidentiality agreement, ensuring that only serious, qualified investors have access to this unique investment. The asking price for this exceptional opportunity is $2,800,000. Qualified buyers should be prepared to provide proof of funds.

    Property Features for 0 Atlantic Ave

    General Information

    Property type
    Motels
    Square Feet
    7,738 SF

    Building Details

    Stories
    1

    HighLights

    • 20‑unit oceanfront motel in Daytona Beach, available via confidential listing.
    • Turnkey operation with strong revenue history and growth potential.
    • Close proximity to major attractions and events.
    • Well‑maintained property boasting positive guest reviews.
    • Favorable hospitality market; Qualified Buyer Certificate (QWC) available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Daytona Beach Shores
    County
    Volusia
    State
    Florida
    Longitude
    -80.9965282
    Latitude
    29.2031273

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    FAQs

    What type of property is this?
    Motel - Prime Beachfront Motel, High NOI
    Where is this motel located?
    The property is located at Atlantic Ave Daytona Beach Shores, FL.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: 20-unit oceanfront motel in Daytona Beach, available via confidential listing.; Turnkey operation with strong revenue history and growth potential.; Close proximity to major attractions and events.
    Request Owner's contact information
    Atlantic Ave Daytona Beach Shores, FL 32118
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    Daytona Beach Shores, FL 32118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Atlantic Ave Daytona Beach Shores, FL 32118
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