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Financial
Distress signals
Property profile

707 Atlantic Ave 110UT Ormond Beach, FL 32176

OFF-MARKET
Motels
Property ID
US18-3571201
41,423 SF 1.95 ac lot Built 1965
Last sale Aug 2023 · $12,880,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a direct oceanfront hotel on a 2-acre parcel in Ormond Beach, Florida, located on South Atlantic Avenue. It contains 109 guest rooms, including some units with mini-kitchenettes that can connect via lockouts for flexible room use. Guest and group amenities include an outdoor pool area overlooking the Atlantic Ocean, a spacious patio, a Tiki Bar, and an additional expansive patio at the north end of the property for outdoor activities. The hotel has a large lobby and includes…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$78k
Tax billed · 2023
Assessed value$5.76M
Assessed land$3.82M
Assessed improvement$1.94M
Effective rate1.35%

Value estimate

· Oct 2026
$7.08M
$6.37M – $7.79M
Submarket $/SF estimate$13.94M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$225/SF
County average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$170 – $344

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B6
JurisdictionVOLUSIA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply20.2
Wholesale Shop16.4
Dental Office15.8

Location

707 Atlantic Ave, Unit 110UT Ormond Beach, FL 32176-7815
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
342 Atlantic, Ormond Beach, FL 32176-8148 $1,000,000 Jul 2024 7,805 SF
507 Atlantic, Ormond Beach, FL 32176-7129 $7,322,500 Dec 2023 23,696 SF
2040 Ocean Shr, Ormond Beach, FL 32176-3101 $1,200,000 Jun 2021 3,548 SF
295 Atlantic, Ormond Beach, FL 32176-8147 $3,525,000 Dec 2020 29,694 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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