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Property profile & analytics
OFF-MARKET
Estimated value
$3,750,000
Motels
1601 Atlantic Ave Daytona Beach, FL 32118-4903
Entity Owned
2-yr Hold
Free & Clear
Property ID
US19-0819081
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1957
Construction
CONCRETE
Total area
18,115 SF
Lot
0.85 ac (36,850 SF)
Zoning code
T1
APN
5316-01-00-0051
UPID
US19-0819081
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
-
Econo Lodge Oceanfront Hotel & Motel
-
Beach House Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.20M
Blend (final)
Blend
$3.75M
Owner & transaction history
Beachside Motel LLC · 2 yrs held
Beachside Motel LLC
since 2024
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
T1 · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$5.4M
+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
$3,750,000
ML approach
$3,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,045,000
Current use
WAREHOUSE, STORAGE
$5,390,000
Change: +7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,500,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$3.75M
Range $3.38M – $4.13M · ±10% · vs last sale $3.75M (Jan 18 2024)
Last sale anchor
$3.75M
Jan 18 2024
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
$207 / 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
$50,886
Tax year 2023
Assessed value
$2,838,391
Assessed 2023
Previous assessed
$2,838,391
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$1,492,425
Assessed improvement
$1,345,966
Land market value
$1,492,425
Improvement market value
$1,345,966
Total market value
$2,838,391
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1957
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
51
Bathrooms
53
Total area
18,115 SF
Lot
0.85 ac (36,850 SF)
Zoning code
T1
APN
5316-01-00-0051
UPID
US19-0819081
Jurisdiction
VOLUSIA
Zoning & alternative use
T1 · Daytona Beach, FL
Zoning T1 · permitted uses
T1 · Daytona Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Daytona Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.0M
WAREHOUSE, STORAGE
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$4.5M
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
1957
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
51
Bathrooms
53
Lot
0.85 ac
Current owner
From public records · entity-resolved
Beachside Motel LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1601 S ATLANTIC AVE, DAYTONA BEACH, FL 32118-4903
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2024
$3,750,000
Beachside Motel LLC
1601 Daytona Beach Hotel 50 LLC
Warranty Deed
—
Jun 23, 2022
$7,500,000
1601 Daytona Beach Hotel 50 LLC
Aumganesh LLC
Warranty Deed
$3,500,000 · Aumganesh LLC
Feb 20, 2014
$2,500,000
Aumganesh LLC
1601 South Atlantic LLC
Warranty Deed
$1,324,000 · Intracoastal Bank
Jul 22, 2009
—
Bray & Gillespie LLC Xxxii
—
Deed Of Trust
related
$35,423,296 · Wachovia Bank NA
Dec 30, 2005
$3,885,478
Bray & Gillespie LLC Xxxii
R Beach INC
Warranty Deed
—
—
—
Aumganesh LLC
—
Loan Modification
related
$626,800 · Florida Busn Dev
—
—
Aumganesh LLC
—
Deed Of Trust
related
$1,324,000 · Intracoastal Bk
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.
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