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3225 S Atlantic Avenue, Daytona Beach, FL 32117

$4,900,000
Property Type: Commercial Sale Lot Size (sq. ft.): 24,829 Status: Active
Current Price: $4,900,000 List Date: 12/12/2023 Last Modified: 1/18/2024

Description

With attractions like The Hard Rock Hotel, Latitude Margaritaville Resort, Daytona International Speedway and more; Daytona Beach attracts many visitors! A great area to invest, while prices are still affordable. This 29 unit oceanfront hotel features 100 feet of direct ocean view with so much potential! Situated on 0.72 acres, the property sets back 320 feet from the main road; with ample parking space. The original hotel featured 10 rooms and 18 additional rooms were added, each with direct ocean view and balcony. Conveniently located an hour from the Orlando Sanford Airport and 9 miles from Daytona Beach International Airport. Please call listing agent for more details

More Information MLS# 982364

Contract Information

Current Price: $4,900,000 Original List Price: 4900000 List Price: $4,900,000 Status: Active Listing Contract Date: 2023-12-11 Property Sub Type: Hotel-Motel

Location, Tax, and Legal

Street Number: 3225 Street Direction Prefix: S Street Name: Atlantic Street Suffix: Avenue Tax Account: 3462459 Parcel Number: 35 15 33 01 02 0030 County: Volusia State: FL Postal Code: 32117 MLS Area Major: 901 - Volusia General County Location: South Tax Annual Amount: 21791.7 Tax Year: 2023 Tax Legal Description: LOTS 3 TO 6 INC & 29 TO 32 INC BLK B RIOMAR BEACHES MB 6 PG 95 PER OR 1957 PG 0474 PER OR 8138 PG 4958 Directions: Take I 95 until the road becomes highway a1a, left onto S. Atlantic Avenue until you see the hotel on the right

General Property Information

Number Of Units Total: 29 Stories Total: 3 Year Built: 1958 Lot Size Acres: 0.57 Property Use: C-FULL SERVICE HOTEL (3920) Use Code: 39 / HOTELS, MOTELS Waterfront YN: Yes

Remarks and Miscellaneous

Public Remarks: With attractions like The Hard Rock Hotel, Latitude Margaritaville Resort, Daytona International Speedway and more; Daytona Beach attracts many visitors! A great area to invest, while prices are still affordable. This 29 unit oceanfront hotel features 100 feet of direct ocean view with so much potential! Situated on 0.72 acres, the property sets back 320 feet from the main road; with ample parking space. The original hotel featured 10 rooms and 18 additional rooms were added, each with direct ocean view and balcony. Conveniently located an hour from the Orlando Sanford Airport and 9 miles from Daytona Beach International Airport. Please call listing agent for more details

Status Change Information

Major Change Timestamp: 2023-12-12T23:56:30Z Major Change Type: New Listing Status Change Timestamp: 2023-12-12

Building Features

Clear Ceiling Height: 10851

Historical Information

Public Historical Remarks 1: Current Zoning: T-RMF-1 Public Historical Remarks 3: Frontage Description: City Road, Legal/Misc-Home Warranty: No

Property Features

Building Features: Lobby; Rear Access; Reception Area; Separate Office Area Construction Materials: Block; Concrete; Stucco Cooling: Wall/Window Unit(s); Other Flooring: Carpet; Other Heating: Other Listing Terms: Cash; Conventional; Private Financing Available Location: Beach Area Possession: Negotiable Sale Includes: Building & Land; Business with Real Estate; Furniture, Fixtures and Equipment Security Features: Gated with Guard; Smoke Detector(s) Showing Requirements: Appointment Only; Call Listing Agent; Showing Service Special Listing Conditions: City Jurisdiction; County Jurisdiction; Use Conforms to Zone Utilities: Cable Available; Water Available Water Source: Public Waterfront Features: Ocean Front
Listing Office: One Sotheby's International
Last Updated: January - 18 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The listing broker’s offer of compensation is made only to participants of Space Coast MLS as well as Florida Realtors® MLS Advantage Participants and Particpants in the Coast2Coast datashare.