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    1601 S Atlantic Avenue

    Daytona Beach, FL 32118
    • $5,100,000
    • STATUS: Active
    • ON SITE: 95 days
    • MLS #: 1082929
    UPDATED: 50 min ago
    $5,100,000
    • 0
      BEDS
    • 0.85
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1957
    County:

    School Ratings & Info

    Description

    Direct Oceanfront 50 room Motel with recent renovations done to the exterior including the pool and outside common areas with pavers, new LVT floors, new exterior railing, private cabana seating areas attached to the guest room on the oceanfront accommodations, updated bedding and furniture. Projected CAP RATE 8-9%. As Always, all information deemed to be true but not guaranteed and must be verified by potential buyer.

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    © 2021 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome At The Beach. Data last updated: 2021-07-25T07:24:33.397.
    www.nicolechapmanre.com/homes/116297442
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    1601 S Atlantic Avenue Daytona Beach, FL 32118

    • Price: $5,100,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 1082929
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.85
    Acres
    1957
    Built
    Neighborhood:
    Beachside, N of Dunlawton & S Silver
    County:
    Volusia
    Area:
    Beachside, N of Dunlawton & S Silver
    Property Description
    Direct Oceanfront 50 room Motel with recent renovations done to the exterior including the pool and outside common areas with pavers, new LVT floors, new exterior railing, private cabana seating areas attached to the guest room on the oceanfront accommodations, updated bedding and furniture. Projected CAP RATE 8-9%. As Always, all information deemed to be true but not guaranteed and must be verified by potential buyer.
    Exterior Features

    Parking Guest Parking Spaces 37

    Property Features

    As Is Condition Yes Building Type Location Hotel/Motel Business Type Hotel/Motel Commercial Style Comm-Land & Bldg Incl Franchise Opt In No Homestead Exemption No Includedin Sale BuildingFixturesFurniture Nrr Req No Tax Year 2020 Taxes 50192.00

    Listing courtesy of Jeffrey Weinert of Marlin Realty Group.


    © 2021 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome At The Beach. Data last updated: 2021-07-25T07:24:33.397.
     
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