507 S Atlantic Ave | Ormond Beach, FL 32176
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507 S Atlantic Ave
Ormond Beach, FL 32176
Chateau Mar Beach Resort · Hospitality Property For Sale · 31,779 SF
Investment Highlights
- Opened in May 2020 after complete renovations and great beachfront location in a high barrier to entry market
- *Occupancy % is proforma*
- Upbranding opportunity with premium soft brand or can continue operating as a high-end independent boutique hotel
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1968/2020 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.60 AC | Parking Ratio | 0.94/1,000 SF |
| Building Size | 31,779 SF | Corridor | Exterior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 31,779 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1968/2020 |
| Tenancy | Single |
| Parking Ratio | 0.94/1,000 SF |
| Corridor | Exterior |
Amenities
- Balcony
- Pool
- High Speed Internet Access
- Patio
- Beach (direct access)
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 4223-06-02-0130 | Improvements Assessment | $2,634,691 |
| Land Assessment | $1,168,875 | Total Assessment | $3,803,566 |
PROPERTY TAXES
Parcel Number
4223-06-02-0130
Land Assessment
$1,168,875
Improvements Assessment
$2,634,691
Total Assessment
$3,803,566
zoning
| Zoning Code | B-6 |
| B-6 |
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