444 Beach StDaytona Beach, FL 32114
- Retail properties
- 4,726 SF
Property Details for 444 Beach St
- Year built
- 1905
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.10 AC
- Property size (Sq ft)
- 4,726 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 5338-45-01-0190
- APU
- 533845010190
Description
This exceptional investment opportunity presents a beautifully preserved 15-unit bed and breakfast inn and restaurant located at 444 S Beach Street, Daytona Beach, Florida, 32114. Built in 1910, this colonial-style property boasts a prime location directly across from the Halifax Marina, offering unparalleled waterfront views and easy access to Daytona Beach's vibrant attractions. The 30,492 square foot lot houses a unique collection of private rooms, each featuring distinct character and charm. Amenities include fireplaces, clawfoot tubs, and antique furnishings, creating an atmosphere of refined elegance and historical significance. The property's established reputation and unique character make it an ideal acquisition for an investor seeking a high-return hospitality venture in a desirable coastal location. The asking price for this turnkey operation is $4,200,000. This represents a rare chance to own a piece of Daytona Beach history and capitalize on the thriving tourism market. The property's combination of hotel and restaurant operations provides diverse revenue streams and significant potential for future growth and expansion. The property's unique character and prime location make it a truly exceptional investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,458,268
- 6.5%
- $1,346,094
- 7%
- $1,249,944
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,756,971
- Geo Method
- $1,329,460
-
Alternative Use
- Use
- Valuation
- Residential
- $1,135,480
- Hospitality
- $1,040,094
- Educational
- $865,346
- Medical
- $895,107
- Retail
- $1,346,094
Location Insight
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Latitude
- 29.2211
- Longitude
- -81.0229
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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