Active

$3,900,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 5236 sq ft
Overview
  • ID: MFRNS1088647
  • Bedrooms:
  • Bathrooms: 0
  • Size: 5236 sq ft
Property Details
Remarks
Positioned in one of Florida’s fastest-growing coastal markets, this newly renovated beachside motel presents a rare opportunity to invest ahead of New Smyrna Beach’s next wave of growth. With eleven guest suites, pool, patio, and laundry, this motel is a turnkey investment opportunity. The current owners have done the hard work of renovating, so you have the chance to turn this into an income producing investment. Over the last five years, New Smyrna Beach has experienced nearly 10% population growth, with continued expansion projected as the transformative Deering Park development moves forward—bringing thousands of new residential units, millions of square feet of commercial and industrial development, and substantial new employment opportunities to the area. Already recognized as one of Florida’s premier beach destinations, the New Smyrna Beach Area Visitors Bureau reported over 813,000 visitors in 2025 alone, further reinforcing the area’s strong tourism-driven economy. Average summer weekends bring an estimated 20,000–40,000+ additional visitors to the area, while major holiday weekends can exceed 50,000–80,000+ visitors throughout New Smyrna Beach and surrounding coastal communities. As buyers and investors continue seeking alternatives to established luxury coastal markets such as Ponte Vedra Beach, St. Augustine, Amelia Island, Singer Island, Key Biscayne, and Delray Beach, New Smyrna Beach is increasingly positioned for similar long-term appreciation and demand. With limited hotel inventory, expanding infrastructure, strong tourism, incoming jobs, and a rapidly growing market, opportunities to acquire renovated hospitality assets in this location are becoming increasingly limited.
Financial Considerations
Price:
$3,900,000
HOA Fee:
N/A
Tax Amount:
$13181
Price per SqFt:
$425.95
Tax Legal Description:
LOTS 4 & 5 & 7 & E 25FT OF LOT 8 BLK G CORONADO BEACH PER OR 5117 PG 4237-4238 PER OR 7715 PG 1145
Exterior Features
Lot Size:
26250
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air, Mini-Split Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Hotel/Motel
Style:
N/A
Year Built:
1958
Construction Type:
Block, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    1708 S ATLANTIC AVE
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