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Property profile & analytics
FOR SALE
Motels
3720 S Atlantic Ave Daytona Beach, FL 32118
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US19-0679631
For Sale
1 / 65
$1,650,000
3720 S Atlantic Ave, Daytona Beach, FL 32118
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Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,566 SF
Lot
0.35 ac (15,250 SF)
Zoning code
RMF
APN
6302-05-08-0100
UPID
US19-0679631
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
-
Atlantic Shores Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.59M
Owner & transaction history
542 Osceola St Apartments LLC · 3 yrs held
542 Osceola St Apartments LLC
since 2022
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
RMF · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.1M
+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
$1,530,000
ML approach
$1,530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$995,000
Current use
WAREHOUSE, STORAGE
$1,060,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$1.59M
Range $1.43M – $1.75M · ±10% · vs last sale $1.65M (Jul 27 2022)
Last sale anchor
$1.65M
Jul 27 2022
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
$446 / 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
$9,136
Tax year 2023
Assessed value
$540,258
Assessed 2023
Previous assessed
$438,245
+23.3% YoY
Effective rate
1.69%
On assessed value
Assessed land
$141,063
Assessed improvement
$399,195
Land market value
$141,063
Improvement market value
$399,195
Total market value
$540,258
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
Motels
Use group
MOTEL
Status
For Sale
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
12
Bathrooms
12
Total area
3,566 SF
Lot
0.35 ac (15,250 SF)
Zoning code
RMF
APN
6302-05-08-0100
UPID
US19-0679631
Jurisdiction
VOLUSIA
Zoning & alternative use
RMF · Daytona Beach, FL
Zoning RMF · permitted uses
RMF · 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
$995,000
WAREHOUSE, STORAGE
Est. value
$1.1M
HOTEL/MOTEL Current
WAREHOUSE, STORAGE
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
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
12
Bathrooms
12
Lot
0.35 ac
Current owner
From public records · entity-resolved
542 Osceola St Apartments LLC
Entity
Mailing address
3101 S OCEAN DR APT #3107, HOLLYWOOD, FL 33019-2838
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2022
$1,650,000
542 Osceola St Apartments LLC
Ocean Coast View Investments LLC
Special Warranty Deed
$800,000 · Ocean Coast View Investments LLC
Apr 19, 2018
$300,000
Ocean Coast View Invs LLC
Daytona Atlantic LLC
Grant Deed
—
Apr 24, 2012
$280,000
Daytona Atlantic LLC
Friends Bk
Grant Deed
—
Aug 31, 2011
$100
Bk Friends
Sunshine Props Of Daytona Bch I
Trustees Deed
related
—
Jun 2, 2011
$10,000
Pierre Joncas
Sunshine Props Of Daytona Bch INC
Warranty Deed
—
Jan 28, 2004
$385,000
Sunshine Properties Of Daytona
Tnh LLC
Grant Deed
$275,000 · Sunshine State Community Bank
Feb 9, 2002
$350,000
Tnh LLC
Iskp INC
Grant Deed
$221,000 · Harbor Fsb
Oct 25, 1999
$260,550
Iskp INC
Yaffi,arthur
Grant Deed
$123,930 · Seller
—
—
Sunshine Props Of Daytona Bch INC
—
Deed Of Trust
related
$480,000 · Friends Bank
—
—
Iskp INC
—
Deed Of Trust
related
$366,667 · Midwest Business Capital
—
—
Sunshine Props Of Daytona Bch INC
—
Deed Of Trust
related
$452,436 · Friends 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.
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