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Josh Cotton

josh@welcomehome904.com +1(904) 982-8461

$ 2,600,000

Est. payment | -/mo

9,806 SqFt

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$ 2,600,000

Est. payment | -/mo

Save

9,806 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 9,806 sqft

Price per Sqft $265

Subdivision Kingston

MLS Listing ID O6383052

HOA Y/N No

Year Built 1946

Annual Tax Amount $6,239

Lot Size 0.790 Acres

Acres 0.79

Lot Dimensions 150x230

Property Sub-Type Hotel/Motel

Source Stellar MLS

Property Description

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.

Location

State FL

County Volusia

Community Kingston

Area 32114 - Daytona Beach

Interior

Cooling Wall/Window Unit(s)

Exterior

Parking Features Parking Spaces - 19 to 30

Water Access No

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block,Concrete

New Construction false

Others

Ownership Sole Proprietor

Special Listing Condition None

Listed by Marcus Moore, II FATHOM REALTY FL LLC

NEARBY SCHOOLS & PROPERTIES

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

+1(904) 982-8461

josh@welcomehome904.com

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619 N RIDGEWOOD AVE Daytona Beach, FL 32114