$5,500,000

1601 S Atlantic Avenue

Daytona Beach FL, 32118

Description

Direct Oceanfront Hotel. This recently renovated 50 room hotel located directly on the beach has been recently updated and would be ideal for a turnkey investment with a projected Cap Rate of 9-10%. Professional photos to be updated soon.

Details

MLS#1064325
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1957
Days On Site475

Features

Story(s)1
Units50

Market Activity 32118

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Area Information
StateFL
CountyVolusia
CityDaytona Beach
Zip Code32118
Area13 - Beachside, N of Dunlawton & S Silver
Listing VS Median (in 32118)
Price:
$5,500,000
low | high
Med:
$197,500
100% of Average
On Site:
475
low | high
Med:
119
100% of Average
Listing Updated: February 25, 2021 7:21:43 AM PST
Jeffrey Weinert LogoMLS Number: 1064325
Listing Provided By:
Jeffrey Weinert  of  Marlin Realty Group
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Daytona Beach Board of Realtors.
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