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Oceanfront Hotel in Ormond Beach
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599 S Atlantic Ave, Ormond Beach, FL 32176

Meticulously renovated independent hotel with prime oceanfront location.

Property Size13,215 SF
Price / SF$643.21
Days on Market688

Property Features for 599 S Atlantic Ave

General Information

Standard status Active
Size 13,215 SF
Property subtype Hospitality
Zoning Commercial
Investment Type Owner/User

Building Details

Year Built 1957
Buildings 2
Stories 2
Listing Agency: InvestorsAlly Commercial Property, Loans & Insurance
Listed By: Ralph Liu · License #FL CQ1066025
Source: Crexi
Added: Oct 4, 2024 Changed: Aug 20 Last Checked: Aug 21 at 5:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of InvestorsAlly Commercial Property, Loans & Insurance

Investment Insights

Based on property information with market context.

This meticulously maintained independent brand hotel offers a rare opportunity in a prime oceanfront location within a popular Daytona Beach area tourist destination. The property has recently undergone a two-year renovation encompassing the rooms, parking lots, and swimming pool. The seawall has been fortified with concrete and steel. Constructed with concrete from floor to roof, the two buildings are situated on elevated grounds, mitigating potential flooding. Each room is maintained with a dehumidifier. An ocean-facing open space by the swimming pool presents the possibility of conversion into a Tiki bar. The Daytona area hosts year-round events such as Daytona 500, Speed Week, Pepsi 400, Bike Week, Turkey Rod Run, Biketoberfest, and Spring Break, attracting sports enthusiasts and families. The property size is 13215 square feet. The property is located at 599 S Atlantic Ave, Ormond Beach, FL 32176.

Key Highlights

  • Prime oceanfront location in a popular Daytona Beach tourist area.
  • Recently renovated rooms, parking lots, and swimming pool.**
  • Fortified seawall constructed with concrete and steel for hurricane protection.

Property Analytics

Current Use

Oceanfront Inn and Suites ... Hotel & Motel

Suggested Use

Top Pick Law Firm Building Supply Dental Office Hair Salon Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby

Demographics for 32176, FL

14,410
Population
10,329
Households
1.4
Avg Household Size
59
Median Age
38%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
2,528
Density / Sq Mi
$72,248
Median Household Income
$39,529
Median Earnings
$1,436
Median Rent
$368,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Meticulously renovated independent hotel with prime oceanfront location.
Where is this hotel located?
The property is located at 599 S Atlantic Ave Ormond Beach, FL.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Prime oceanfront location in a popular Daytona Beach tourist area.; Recently renovated rooms, parking lots, and swimming pool.**; Fortified seawall constructed with concrete and steel for hurricane protection.
(949) 371-9139 Call to check price and availability
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