For Sale
$2,800,000

0 Atlantic AveDaytona Beach Shores, FL 32118

Prime Beachfront Motel, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional beachfront motel in Daytona Beach Shores, Florida, presents a compelling redevelopment opportunity. Boasting 7,738 square feet, this single-story property features 21 keys and currently enjoys a 75% occupancy rate, generating a substantial net operating income (NOI) of $420,000. Located on S Atlantic Ave in Volusia County (zip code 32118), the motel benefits from a prime location directly across from the ocean, placing it within easy reach of Daytona Beach's renowned attractions and vibrant tourism scene. The property's strong revenue history and positive reviews underscore its potential for continued growth and profitability. This turnkey operation is well-maintained and ready for a new owner to capitalize on the favorable market conditions within the hospitality industry. Detailed financial information and operational insights are available upon execution of a confidentiality agreement, ensuring that only serious, qualified investors have access to this unique investment. The asking price for this exceptional opportunity is $2,800,000. Qualified buyers should be prepared to provide proof of funds.

Highlights

  • 20-unit oceanfront motel in Daytona Beach, available via confidential listing.
  • Turnkey operation with strong revenue history and growth potential.
  • Close proximity to major attractions and events.
  • Well-maintained property boasting positive guest reviews.
  • Favorable hospitality market; Qualified Buyer Certificate (QWC) available.

Property Details for 0 Atlantic Ave

Property type
Hospitality properties, Motels
Square Feet
7,738 SF
Stories
1

Location Insight

City
Daytona Beach Shores
County
Volusia
State
Florida
Latitude
29.2031273
Longitude
-80.9965282
Atlantic Ave, Daytona Beach Shores, Florida

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0 Atlantic Ave
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