Lori Sheldon - Coldwell Banker Coast
2315 S Atlantic Avenue
Daytona Beach Shores, FL 32118

$6,000,000

Description

DIRECT OCEANFRONT MOTEL, 33 room motel plus mgr appartment, located on 1.18 Acres, (Frontage 139' x 370' Deep) directly on the ocean. This property generates strong revenue with development potential. With having over an acre of land on the ocean, the City of Daytona Beach Shores is development friendly. Check with the building Dept. at the City so they can confirm the development possibilities regarding a future hotel/condo development as well inquire regarding the favorable setback in reference to the north side of the subject parcel. The returning guests enjoy the family friendly atmosphere as this property has an high occupancy rate and good return. Seller's would consider doing a lease back of the business. All information deemed to be true and must be verified by potential buyer.

Details

MLS#1041355
Sub-TypeResale
StatusActive
Year1954
Days On Site172

Features

Story(s)1
Units34

Market Activity 32118

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Area Information

StateFL
CountyVolusia
CityDaytona Beach Shores
Zip Code32118
Area13 - Beachside, N of Dunlawton & S Silver
Listing VS Median (in 32118)
Price:
$6,000,000
low | high
Med:
$229,000
100% of Average
On Site:
172
low | high
Med:
139
100% of Average
Listing Updated: 09/20/2018
MLS Number: 1041355
Listing Provided By:
Jeffrey Weinert  of  Marlin Realty Group