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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
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

PROPERTY TAXES

Parcel Number
5305-01-46-0140
Land Assessment
$1,006,587
Improvements Assessment
$1,930,315
Total Assessment
$2,936,902

zoning

Zoning Code T-1
T-1
  • Listing ID: 15860861

  • Date on Market: 4/25/2019

  • Last Updated:

  • Address: 1014 N Atlantic Ave, Daytona Beach, FL 32118

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