Atlantic Ave Daytona Beach Shores, FL 32118
- Hospitality properties
- 7,738 SF
Current Use by Public Records
- Hospitality properties
Property Details for 0 Atlantic Ave
- Property size
- 7,738 SF
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Daytona Beach Shores
- County
- Volusia
- State
- Florida
- Longitude
- -80.9965
- Latitude
- 29.2031
