Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,735,000
Hotels
2613 Atlantic Ave Daytona Beach, FL 32118-5605
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-2828412
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2004
Construction
CONCRETE
Total area
49,212 SF
Lot
1.29 ac (56,371 SF)
Zoning code
T
APN
5322-00-04-0040
UPID
US18-2828412
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
-
Emerald Shores Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.08M
Blend (final)
Blend
$9.74M
Owner & transaction history
Hotel Motel LLC · 12 yrs held
Hotel Motel LLC
since 2014
6 recorded transactions
Zoning & alternative use
T · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$14.6M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$13,705,000
Current use
WAREHOUSE, STORAGE
$14,645,000
Change: +7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,225,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$9.74M
Range $8.76M – $10.71M · ±10%
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
$198 / 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
$84,452
Tax year 2023
Assessed value
$5,672,879
Assessed 2023
Previous assessed
$5,097,739
+11.3% YoY
Effective rate
1.49%
On assessed value
Assessed land
$2,283,026
Assessed improvement
$3,389,853
Land market value
$2,283,026
Improvement market value
$3,389,853
Total market value
$5,672,879
Applied tax rate
403.0000
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
Off-Market
Year built
2004
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
9
Units
84
Bathrooms
88
Total area
49,212 SF
Lot
1.29 ac (56,371 SF)
Zoning code
T
APN
5322-00-04-0040
UPID
US18-2828412
Jurisdiction
VOLUSIA
Zoning & alternative use
T · Daytona Beach, FL
Zoning T · permitted uses
T · 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
$13.7M
WAREHOUSE, STORAGE
Est. value
$14.6M
AUTO REPAIR, GARAGE
Est. value
$12.2M
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
2004
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
9
Units
84
Bathrooms
88
Lot
1.29 ac
Current owner
From public records · entity-resolved
Hotel Motel LLC
Entity
Mailing address
2331 N OCEAN BLVD, FORT LAUDERDALE, FL 33305-1919
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2019
—
Hotel Motel LLC
—
Deed
related
—
Jan 6, 2014
$5,500,000
Hotel Motel LLC
Stanley L Allen LLC
Trustees Deed
$7,700,000 · Regent Bk
Oct 5, 2010
—
Stanley L Allen
Emerald Shores Condohotel INC
Grant Deed
$1,250,000 · Emerald Shores Condohotel INC
Jun 26, 2008
—
Bray & Gillespie INC
Emerald Shores Condohotel INC
Grant Deed
related
—
Sep 8, 2005
$10,000,000
Emerald Shores Condohotel INC
Allen,stanley L
Warranty Deed
$7,000,000 · Stanley L Allen
—
—
Hotel Motel LLC
—
Loan Modification
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2613 Atlantic Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
