Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$29,460,000
Hotels
2637 Atlantic Ave Daytona Beach, FL 32118-5643
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US19-0709067
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1973
Construction
CONCRETE
Total area
256,134 SF
Lot
6.33 ac (275,798 SF)
Zoning code
T
APN
5322-00-04-0090
UPID
US19-0709067
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
-
Azure Oceanfront American Kitchen Restaurant
-
The Shores Resort & Spa Hotel & Motel
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Indulge Spa Spa & Massage Center
-
Encore Rental Equipment Company Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$33.78M
Blend (final)
Blend
$29.46M
Owner & transaction history
Uhon Daytona Shrs Resort Fee O · 9 yrs held
Uhon Daytona Shrs Resort Fee O
since 2016
5 recorded transactions
Zoning & alternative use
T · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Blend value · Realmo final
$29.46M
Range $26.51M – $32.41M · ±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
$115 / 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
$405,597
Tax year 2023
Assessed value
$29,973,388
Assessed 2023
Previous assessed
$26,391,527
+13.6% YoY
Effective rate
1.35%
On assessed value
Assessed land
$8,993,705
Assessed improvement
$20,979,683
Land market value
$8,993,705
Improvement market value
$20,979,683
Total market value
$29,973,388
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
1973
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
4
Units
212
Bathrooms
253
Total area
256,134 SF
Lot
6.33 ac (275,798 SF)
Zoning code
T
APN
5322-00-04-0090
UPID
US19-0709067
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.
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
4
Units
212
Bathrooms
253
Lot
6.33 ac
Current owner
From public records · entity-resolved
Uhon Daytona Shrs Resort Fee O
Individual
Mailing address
251 S LK AVE STE #800, PASADENA, CA 91101-3052
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2016
$52,500,000
Uhon Daytona Shrs Resort Fee O
Garrison Daytona Propco LLC
Grant Deed
related
$74,000,000 · Ubs Ag
Dec 19, 2013
$3,925,000
Garrison Daytona Propco LLC
Rb Daytona LLC
Special Warranty Deed
—
Oct 1, 2009
$29,000
Rb Daytona LLC
Lh Daytona Holding LLC
Grant Deed
—
Feb 12, 2007
$36,733,080
Lh Daytona Holding LLC
Cahuenga Associates II Ltd
Grant Deed
$11,639,925 · Nationwide Life Insurance Co
—
—
Rb Daytona LLC
—
Deed Of Trust
related
$23,280,000 · Huntington National Bank
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 2637 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.
