3720 S Atlantic Ave Daytona Beach, FL 32118
Property profile & analytics
3720 S Atlantic Ave Daytona Beach, FL 32118
- Motels
- 3,566 SF
- 0.35 lot acres
Property ID
US19-0679631
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
- Atlantic Shores Motel / Hotel & Motel
Property Details for 3720 S Atlantic Ave
- Year built
- 1954
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.35 lot acres
- Property size
- 3,566 SF
- Zone code
- RMF
- Property type
- Motels
- APN
- 6302-05-08-0100
- APU
- 630205080100
Description
This exceptional 12-unit motel, the Atlantic Shores Motel, presents a compelling investment opportunity in Daytona Beach Shores, Florida. Located at 3720 S Atlantic Ave, Volusia County, zip code 32118, this property boasts a prime beachfront location directly across the street from the ocean. The motel comprises two, single-story buildings, constructed in 1954 and renovated extensively between 2018 and 2019. The property offers a strong net operating income (NOI) of $181,000, resulting in an attractive cap rate of 10.97% (based on proforma). The asking price is $1,650,000, and owner financing may be available with a $500,000 down payment. This presents a rare chance to acquire a well-maintained, high-performing hospitality asset in a desirable coastal location. The property's recent renovations ensure modern amenities and appeal to a broad range of guests. Its proximity to the ocean guarantees consistent occupancy and strong rental income. This is an ideal investment for those seeking a lucrative return on investment in the thriving Florida tourism market. The property's financial performance and location make it a highly attractive proposition for discerning investors. Serious inquiries are encouraged.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,530,000
- ML approach
- $1,530,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,245,000
Market price range: $666k - $1.53M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $995,000 Current use
- WAREHOUSE, STORAGE
- $1,060,000 Change: +7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -80.966
- Latitude
- 29.1446
- 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
$9,136
$141,063
$399,195
$540,258
-
$141,063
$399,195
$540,258
