3221 Atlantic Ave Daytona Beach, FL 32118-6256
Property profile & analytics
3221 Atlantic Ave Daytona Beach, FL 32118-6256
- Motels
- 4,339 SF
- 0.35 lot acres
Property ID
US18-2238658
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Daytona Shores Inn And Suites / Hotel & Motel
Property Details for 3221 Atlantic Ave
- Year built
- 1950
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.35 lot acres
- Property size
- 4,339 SF
- Zone code
- T
- Property type
- Motels
- APN
- 5335-01-02-0010
- APU
- 533501020010
Description
Prime investment opportunity: Daytona Beach Shores' Daytona Shores Inn & Suites, a 10-key oceanfront hotel, is available for $1,990,000. This value-add property boasts a projected 10.75% cap rate and a $214,000 projected net operating income (NOI). The property includes a three-bedroom, two-bathroom owner's unit, allowing for owner occupancy and rental income generation. All units feature either full kitchens or kitchenettes. Recent improvements include a new metal roof and upgraded windows, along with significant room renovations by the previous owner. The seller is currently upgrading the seawall and pool. Attractive below-market owner financing may be available. An adjacent property, comprising eight villas (two two-bedroom units and six one-bedroom units), presents a potential expansion opportunity (sold separately). This coastal property is ideal for an owner-operator seeking a blend of personal enjoyment and strong rental income, or for an out-of-state investor seeking a turnkey hospitality operation currently utilized as a hotel, motel, and Airbnb. All information should be independently verified by prospective buyers. Located at 3221 S Atlantic Ave, Daytona Beach Shores, FL 32118.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,150,000
- ML approach
- $2,150,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,859,000
Market price range: $810k - $1.86M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,290,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -80.9729
- Latitude
- 29.1591
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,720
$625,725
$362,996
$988,721
-
$625,725
$362,996
$988,721
