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103 S Ocean Ave
Daytona Beach, FL 32118

Mayan Inn · Hospitality Property For Sale · 72,202 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class B
Lot Size 0.92 AC
Building Size 72,202 SF
No. Stories 8
Year Built/Renovated 1972/2017
Parking Ratio 0.97/1,000 SF
Corridor Exterior

Amenities

  • Balcony
  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Beach (direct access)
  • Public Access Wifi
  • Smoke-Free

About 103 S Ocean Ave , Daytona Beach, FL 32118

The 8 story beach front hotel features 112 completely renovated rooms, all with full balconies offering direct ocean front views, and south east partial ocean views The hotels’ amenities include a breakfast / meeting room, sports bar for live entertainment, 40’ Tiki- deck for private events, and a heated outdoor pool overlooking “The World’s Most Famous Beach”. This location also provides easy walking access to many of Daytona Beach's top attractions and businesses. Only a few blocks away from the Daytona Beach pier, main street and Daytona’s boardwalk and amphutheatre. Located within 4.5 miles of the Daytona Beach Airport and the Daytona International Speedway, Daytona 500 and Coke Zero 400, Walt Disney World, Universal, Sea World and Cape Canaveral are less than an hour's drive away. The hotels revenues are strong with a value-add opportunity to increase rates while keeping the independent hotel as-is, unencumbered from management. In addition, the current owner has received interest from two limited service hotel franchises to flag the hotel with aggressive incentives for a new owner as an option to Re-brand the hotel which would be geared to both leisure and business travelers.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5304-01-03-0020
Land Assessment
$1,800,000
Improvements Assessment
$5,574,126
Total Assessment
$7,374,126

zoning

Zoning Code RDB!
RDB!
  • Listing ID: 12158455

  • Date on Market: 4/5/2018

  • Last Updated:

  • Address: 103 S Ocean Ave, Daytona Beach, FL 32118

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