444 Beach StDaytona Beach, FL 32114

  • Retail properties
  • 4,726 SF
For Sale
$4,200,000 View listing

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
444 Beach St, Daytona Beach, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,167
$38,923
$78,554
$117,477
-
$38,923
$78,554
$117,477

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