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Property profile & analytics
OFF-MARKET
Estimated value
$4,695,000
Hotels
640 Atlantic Ave Daytona Beach, FL 32118-3803
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-8824282
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1974
Construction
CONCRETE
Total area
115,453 SF
Lot
1.81 ac (78,650 SF)
Zoning code
T1
APN
5305-01-16-0010
UPID
US18-8824282
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
-
Ocean Breeze Club Hotel Hotel & Motel Resort
-
Renaissance Daytona Beach Oceanfront Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.38M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.70M
Owner & transaction history
Nainai Capital LLC · 5 yrs held
Nainai Capital LLC
since 2020
5 recorded transactions
Zoning & alternative use
T1 · 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%
$6,910,000
6.5%
$6,380,000
7%
$5,925,000
Blend value · Realmo final
$4.70M
Range $4.23M – $5.16M · ±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
$41 / 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
$113,813
Tax year 2023
Assessed value
$6,348,392
Assessed 2023
Previous assessed
$12,008,813
-47.1% YoY
Effective rate
1.79%
On assessed value
Assessed land
$3,539,250
Assessed improvement
$2,809,142
Land market value
$3,539,250
Improvement market value
$2,809,142
Total market value
$6,348,392
Applied tax rate
204.0000
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
1974
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
206
Bathrooms
233
Total area
115,453 SF
Lot
1.81 ac (78,650 SF)
Zoning code
T1
APN
5305-01-16-0010
UPID
US18-8824282
Jurisdiction
VOLUSIA
Zoning & alternative use
T1 · Daytona Beach, FL
Zoning T1 · permitted uses
T1 · 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
1974
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
206
Bathrooms
233
Lot
1.81 ac
Current owner
From public records · entity-resolved
Nainai Capital LLC
Entity
Free & Clear · 5 yrs held
Mailing address
730 S ATLANTIC AVE STE #102, ORMOND BEACH, FL 32176-7828
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jan 15, 2021
—
640 N Atlantic Hospitality LLC
—
Deed
related
$34,158,000 · Fifth Third Bk NA
Sep 3, 2020
$165,000
Nainai Capital LLC
Plaza Spa Ocean Waters LLC
Grant Deed
—
Oct 27, 2015
$13,500,000
640 North Atlantic Hospitality
Plaza Club Ocean Waters LLC
Grant Deed
$9,000,000 · Reunion Bk/fl
Jul 22, 2009
—
Plaza Club Ocean Waters LLC
Bray & Gillespie LLC V
Quit Claim Deed
related
—
—
—
640 N Atlantic Hospitality LLC
—
Loan Modification
related
$34,158,000 · Fifth Third Bk NA
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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