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1014 N Atlantic Ave
Daytona Beach, FL 32118
Sea Shells Beach Club · Hospitality Property For Sale · 22,264 SF
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 4 |
Property Subtype | Hotel | Year Built | 1972 |
Building Class | B | Parking Ratio | 0.9/1,000 SF |
Lot Size | 0.57 AC | Corridor | Exterior |
Building Size | 22,264 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 0.57 AC |
Building Size | 22,264 SF |
No. Stories | 4 |
Year Built | 1972 |
Parking Ratio | 0.9/1,000 SF |
Corridor | Exterior |
Amenities
- Balcony
- Pool
- High Speed Internet Access
- Patio
- Beach (direct access)
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
About 1014 N Atlantic Ave , Daytona Beach, FL 32118
Over the past several years, the Sea Shells Beach Club has been utilized by the Owner primarily to fulfill the needs of their vacation club operations, with little attention paid to transient hotel operations. That said, due to the higher product standards required by vacation club members, the Property features oversized rooms with kitchenettes. An acquisition of this “rooms-only” (no food and beverage) Property provides an opportunity to invest in (1) an easily managed Florida-beachfront hotel, (2) that is poised for significant growth in hotel operations and (3) that offers the prospect of significant capital appreciation based on both enhanced operations and, more generally, accelerating property values along the Daytona Beach coastline. The intimate, low maintenance nature of the Property makes it perfect for out-of-state investors who want to dip a toe into the Florida hotel market, for regional investors with other business interests or for other area hotel owners who have capacity within their existing ownership/management structure for additional rooms.
PROPERTY TAXES
Parcel Number | 5305-01-46-0140 | Improvements Assessment | $1,930,315 |
Land Assessment | $1,006,587 | Total Assessment | $2,936,902 |
PROPERTY TAXES
zoning
Zoning Code | T-1 |
T-1 |
Learn More About Investing in Hospitality Properties
Listing ID: 15860861
Date on Market: 4/25/2019
Last Updated:
Address: 1014 N Atlantic Ave, Daytona Beach, FL 32118
The Hospitality Property at 1014 N Atlantic Ave, Daytona Beach, FL 32118 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.