$5,500,000
1601 S Atlantic Avenue,
Daytona Beach FL, 32118
Description
Direct Oceanfront Hotel. This recently renovated 50 room hotel located directly on the beach has been recently updated and would be ideal for a turnkey investment with a projected Cap Rate of 9-10%. Professional photos to be updated soon.
Details
| MLS# | 1064325 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 279 |
Features
| Story(s) | 1 |
|---|---|
| Units | 50 |
Market Activity 32118
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| Area Information | |
|---|---|
| State | FL |
| County | Volusia |
| City | Daytona Beach |
| Zip Code | 32118 |
| Area | 13 - Beachside, N of Dunlawton & S Silver |
| Listing VS Median (in 32118) | |
Price: $5,500,000 low | high Med: $219,900 On Site: 279 low | high Med: 105 | |
Listing Updated: 08/13/2020
MLS Number: 1064325Listing Provided By:
Jeffrey Weinert of Marlin Realty Group