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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Motels
999 Atlantic Ave Daytona Beach, FL 32118-3717
Entity Owned
3-yr Hold
Free & Clear
Property ID
US19-0810014
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,100 SF
Lot
0.37 ac (16,125 SF)
APN
5305-01-45-0010
UPID
US19-0810014
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
-
Majestic Court Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.40M
Owner & transaction history
Sunshine Ventures & Management LLC · 3 yrs held
Sunshine Ventures & Management LLC
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.8M
+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
$1,490,000
ML approach
$1,645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,700,000
Current use
WAREHOUSE, STORAGE
$1,815,000
Change: +7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,515,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10% · vs last sale $1.41M (Mar 8 2023)
Last sale anchor
$1.41M
Mar 8 2023
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
$230 / 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
$10,058
Tax year 2023
Assessed value
$561,047
Assessed 2023
Previous assessed
$533,713
+5.1% YoY
Effective rate
1.79%
On assessed value
Assessed land
$223,734
Assessed improvement
$337,313
Land market value
$223,734
Improvement market value
$337,313
Total market value
$561,047
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Units
15
Bathrooms
13
Total area
6,100 SF
Lot
0.37 ac (16,125 SF)
APN
5305-01-45-0010
UPID
US19-0810014
Jurisdiction
VOLUSIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.5M
HOTEL/MOTEL Current
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
15
Bathrooms
13
Lot
0.37 ac
Current owner
From public records · entity-resolved
Sunshine Ventures & Management LLC
Entity
Free & Clear · 3 yrs held
Mailing address
9548 BAYCLIFF CT, ORLANDO, FL 32836-5758
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2023
$1,405,000
Sunshine Ventures & Management LLC
Kpn Enterprises LLC
Warranty Deed
—
Dec 21, 2021
—
Kpn Enterprises LLC
—
Deed
related
$1,675,000 · Cj Capital Group INC
Apr 23, 2020
—
Redelva LLC
—
Deed
related
$260,134 · Surety Bk
Jul 30, 2013
$495,000
Redelva LLC
Bella Della LLC
Warranty Deed
—
Oct 11, 2011
$475,000
Bella Della LLC
Surety Bank
Special Warranty Deed
$400,000 · Surety Bank
Jul 26, 2011
$832,700
Surety Bk
University Properties LLC
Warranty Deed
—
Jun 7, 2005
$1,265,000
University Properties LLC
Robert G Baldridge
Warranty Deed
$1,700,000 · Surety Bank
Apr 26, 2004
$835,000
Robert G Baldridge
Macsar,john S & Josaphine V
Grant Deed
$675,000 · Surety Bank NA
—
—
Redelva LLC
—
Loan Modification
related
$260,134 · Surety Bk
—
—
John S Macsar
—
Deed Of Trust
related
$330,000 · Harbor Fsb
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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