1014 N Atlantic Ave - Hospitality FOR SALE


Daytona Beach, FL 32118- Daytona Beach Shores
$6,490,000 USD
786-999-9739
1014 N Atlantic Ave, Daytona Beach, FL for Sale
$6,490,000 USD
Hospitality - FOR SALE
1/15
null | 8.26% Cap Rate

1014 N Atlantic Ave
Daytona Beach, FL 32118
Daytona Beach Shores


HIGHLIGHTS

  • kitchens in every unit
  • beachside , hard rock proximity
  • amazing unit layouts that can accomadate extended stays

OVERVIEW

The Sea Shells Beach Club by Coastal Suites is located at 1014 N Atlantic Avenue, Daytona Beach, Florida 32118. This property offers the potential to add four additional guest rooms, which are currently being used as storage and owners suite. All existing rooms feature kitchenettes. This four-story, oceanfront hotel, originally constructed in 1972, represents a compelling value-add opportunity for an investor seeking to reposition a well-established asset within a high-demand coastal market Blocks from the Hard Rock. Situated directly along North Atlantic Avenue, the property boasts direct beach access and excellent visibility along one of Daytona Beach’s most traveled corridors. Its location places guests within minutes of Daytona’s premier attractions, including the Daytona Beach Boardwalk, Daytona International Speedway, and Ocean Center Convention Complex. The property also benefits from proximity to a variety of dining, retail, and entertainment options, enhancing its year-round leisure and transient appeal. The property has undergone $1M in capital improvements and a brand new sea wall.

FOR SALE DETAILS

PRICE

$6,490,000 USD

PRICE/SF

$292 USD /SF

# OF ROOMS

40

PRICE/ROOM

$162,250 {currency}

CAP RATE

8.26%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sea Shells Beach Club

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1972

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,854 SF

ZONING

T-1

APN/PARCEL ID

5305-01-46-0140

ASK ABOUT THIS PROPERTY

Matt JosephWest Avenue RealtyMore Info
786-999-9739

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Matt JosephWest Avenue RealtyMore Info
786-999-9739

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.