$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
Sub-TypeResale
StatusActive
Year1957
Days On Site36

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:
$229,900
100% of Average
On Site:
36
low | high
Med:
141
25.531914893617% of Average
Listing Updated: 12/14/2019
MLS Number: 1064325
Listing Provided By:
Jeffrey Weinert  of  Marlin Realty Group