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808 Atlantic Avenue
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PRICED AT ONLY: $2,800,000

Address: 808 Atlantic Avenue, DAYTONA BEACH, FL 32118

Description

Exclusively retained to offer for sale the fee simple interest in the 25 room Atlantic Economy Inn located off of South Atlantic Avenue in Daytona Beach, Florida. Daytona Beach is part of the fast growing Daytona Beach Ormond Beach Metro Area (MSA), with a population exceeding 660,000 Daytona Beach is part of Volusia County and is located an hour away from the city of Orlando The hotel is directly across the street from the beach, It is a short drive from major demand drivers such as the Daytona International Speedway, Daytona Ice Arena, and Daytona Beach Boardwalk, amongst others. The Atlantic Economy Inn offers investors the opportunity to acquire a 25 room, independent, boutique hotel in a growing market and rapidly expanding location within Florida, where the availability of hotels near the coast is limited. From endless activities to calm, quiet days spent sunbathing and beachcombing, visitors are finding just what they're looking for in a Florida vacation along the 23 miles of world famous iconic shores of Daytona Beach. With area investments in progress and more hotel, attraction, dining, and shopping options than ever, now is the perfect time to (re)experience all that Daytona Beach has to offer, including these new developments the owner may finance.?Do not Disturb Business, Realtor must Accompany.
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  • MLS#: V4937584 ( Commercial Sale )
  • Street Address: 808 Atlantic Avenue
  • Viewed: 7
  • Price: $2,800,000
  • Price sqft: $87
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Gulf/Ocean
  • Year Built: 1953
  • Bldg sqft: 32180
  • Days On Market: 151
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Carpet, Ceramic Tile, Concrete, Terrazzo, Tile
  • Living Area: 11385.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: City Limits, Retail Condo, Sidewalk, Street Lights, Paved, Waterfront
Garage and Parking
  • Garage Spaces: 0.00
  • Parking Features: Parking Spaces - 19 to 30
Eco-Communities
  • Green Energy Efficient: Appliances
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
  • Electric: Service - 110 Volts, 220 Volts
  • Heating: Electric, Gas
  • Road Frontage Type: City Street, Private Road, State Road
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Private, Public, Sewer Nearby, Telephone Nearby, Underground Utilities
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 400000.00
  • Tax Year: 2023
Other Features
  • Accessibility Features: Accessible Bedroom, Accessible Common Area, Accessible Full Bath
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Country: US
  • Legal Description: LOT 1 & A PORTION OF LOTS 2 & 3 BLK B OLIVER TERRACE MB 16 PG 153 & A PORTION OF LOT 48 ATLANTIC CITY MB 22 PGS 6-7 AS DESCRIBED IN OR 3864 PG 4031
  • Levels: One
  • Area Major: 32118 - Daytona Beach/Holly Hill
  • Parcel Number: 530926020010
  • Zoning Code: T4

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