2011 Atlantic AveDaytona Beach Shores, FL 32118

Property Details for 2011 Atlantic Ave

Year built

1977

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.63 AC

Property size (Sq ft)

3,485 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

4225-05-04-0010

APU

422505040010

Description

This exceptional 27-key hotel in Daytona Beach Shores, Florida, presents a compelling value-add investment opportunity. The three-story, 9,156 square foot building, constructed in 1987, sits on an 18,600 square foot lot and boasts a prime location on S Atlantic Ave, offering direct oceanfront or oceanview rooms with patios or balconies. Amenities include a heated pool, a canopy, a seawall, and 65 feet of beachfront. The property includes 28 parking spaces and is zoned commercial. With a diverse room selection including King and Queen rooms and suites, the hotel caters to various guest preferences. Daily rates range from $110 to $210, offering significant revenue potential. The asking price is $5,949,000, translating to $649.74 per square foot. This property represents a chance to capitalize on the growing demand for boutique accommodations in a highly desirable coastal location. The Volusia County property features a permitted commercial zoning designation and the APN is 531626000101. This is a limited-service hotel with significant upside potential for the right investor.

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Latitude

29.257

Longitude

-81.0231

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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