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Property profile & analytics
FOR LEASE
Hotels
140 S Atlantic Ave Daytona Beach, FL 32118
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-3235277
For Lease
1 / 5
$3,460/Mo
140 S Atlantic Ave, Daytona Beach, FL 32118
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1941
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,209 SF
Lot
0.53 ac (23,188 SF)
APN
5309-03-00-0100
UPID
US18-3235277
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Victory Lane at Streamline Hotel Hotel & Motel
-
Daytona Beach Area Convention Hotel & Motel Resort
-
5 Star Adventures, LLC Tour Operator (Bike/Boat/Book/etc) Store
-
ATM Atm
-
Victory Lane Restaurant Steaks ~ Burgers ~ Seafood Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.30M
Blend (final)
Blend
$6.18M
Owner & transaction history
Domeo Nasa Investment Group LLC · 1 yrs held
Domeo Nasa Investment Group LLC
since 2025
Last sale
$8.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$6.3M
+6.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Daytona Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Daytona Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,015,000
ML approach
$5,585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,905,000
Current use
WAREHOUSE, STORAGE
$6,310,000
Change: +7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,270,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$6.18M
Range $5.56M – $6.79M · ±10% · vs last sale $8.03M (Feb 5 2025)
Last sale anchor
$8.03M
Feb 5 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$291 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$30,778
Tax year 2023
Assessed value
$2,734,336
Assessed 2023
Previous assessed
$1,910,046
+43.2% YoY
Effective rate
1.13%
On assessed value
Assessed land
$321,734
Assessed improvement
$2,412,602
Land market value
$321,734
Improvement market value
$2,412,602
Total market value
$2,734,336
Applied tax rate
204.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
For Lease
Year built
1941
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Units
44
Bathrooms
53
Total area
21,209 SF
Lot
0.53 ac (23,188 SF)
APN
5309-03-00-0100
UPID
US18-3235277
Jurisdiction
VOLUSIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.9M
WAREHOUSE, STORAGE
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$5.3M
HOTEL/MOTEL Current
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1941
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
44
Bathrooms
53
Lot
0.53 ac
Current owner
From public records · entity-resolved
Domeo Nasa Investment Group LLC
Entity
Mailing address
7 W 36TH ST FL #2, NEW YORK, NY 10018-7169
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2025
$8,030,000
Domeo Nasa Investment Group LLC
Mg Hotel Development LLC
Warranty Deed
$2,915,000 · Mg Hotel Development LLC
Mar 27, 2023
$6,750,000
Mg Hotel Development LLC
Streamline Hotel Of Daytona Beach L
Warranty Deed
$4,500,000 · Metropolitan Commercial Bank
Aug 3, 2017
—
Streamline Hotel Of Daytona Bch L
—
Loan Modification
related
$6,399,060 · Reunion Bk/fl
Nov 17, 2016
—
Streamline Hotel Of Daytona Bch L
—
Deed
related
$5,400,000 · Reunion Bk/fl
Mar 31, 2014
$950,000
Streamline Hotel Of Daytona Bch L
Streamline Hotel INC
Warranty Deed
related
$1,300,000 · Reunion Bk/fl
Jan 21, 1998
$10,000
E G Doyle
Jutras,joseph R
Grant Deed
—
—
—
Streamline Hotel Of Daytona Bch L
—
Loan Modification
related
$1,950,208 · Reunion Bk/fl
—
—
Streamline Hotel Of Daytona Bch L
—
Loan Modification
related
$5,400,000 · Reunion Bk/fl
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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