Active

$2,600,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 9806 sq ft
Overview
  • ID: MFRO6383052
  • Bedrooms:
  • Bathrooms: 0
  • Size: 9806 sq ft
Property Details
Remarks
Exceptional investment opportunity in the heart of Daytona Beach. This 23-room income producing hotel is ideally positioned along highly trafficked N Ridgewood Avenue (US-1), offering outstanding visibility and consistent drive-by exposure. The property is located just minutes from the area’s world-famous beaches, providing strong year-round tourism demand, and offers convenient access to Daytona International Speedway and International Speedway Blvd, placing it in one of the region’s most active hospitality corridors. Daytona Beach draws significant annual tourism supported by major events including the Daytona 500, Rolex 24 at Daytona, Coke Zero Sugar 400, Daytona Beach Bike Week, and Biketoberfest, all of which bring substantial visitor traffic and lodging demand to the market.The property presents a strong value-add opportunity with the potential to add up to five additional guest rooms within the existing structure. The rear portion of the property also offers space for possible expansion, allowing investors the opportunity to further increase room count and revenue potential. This asset is well suited for investors seeking a strategically located hospitality property with upside potential in a high-traffic, tourism-driven market.
Financial Considerations
Price:
$2,600,000
HOA Fee:
N/A
Tax Amount:
$6239.46
Price per SqFt:
$265.14
Tax Legal Description:
38-15-33 N 2 FT OF LOT 8 & LOT 9 EXC HIWAY BLK 9 KINGSTON MB 3 PG 95 MB 15 PG 194 PER OR 4634 PG 2747 PER OR 5342 PG 4636
Exterior Features
Lot Size:
34500
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Parking Spaces - 19 to 30
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Hotel/Motel
Style:
N/A
Year Built:
1946
Construction Type:
Block, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    619 N RIDGEWOOD AVE
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