407-230-2809
640 S Ridgewood Ave, Daytona Beach, FL for Sale
Hospitality - FOR SALE
1/43
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640 S Ridgewood Ave
Daytona Beach, FL 32114
Greater Daytona


HIGHLIGHTS

  • Fully furnished non-operating hotel with robust potential for multifamily, assisted living, day care, bed & breakfast, hotel/motel, office, & retail.
  • Exceptional visibility to 30,000 vehicles daily along Ridgewood Avenue, a major north-south corridor that runs through Daytona Beach.
  • Outstanding building condition with extensive recent capital improvements completed, introducing a new key card system, and mostly new HVAC systems.
  • Includes significant FF&E such as new beds, curtains, and appliances in guest rooms, new gym equipment, and a fully furnished hospitality suite.
  • Supported by Daytona Beach’s robust tourism market, which brought 4.5 million visitors and $3.3 billion in spending during 2024.
  • High-growth area that has experienced population gains of 12% since 2020, with annual consumer spending of more than $1.4 billion.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

24

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Extensively Renovated Non-Operational Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1952

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,400 SF

ZONING

02T2

APN/PARCEL ID

5339-15-00-0040

ASK ABOUT THIS PROPERTY

Joe Rossi, CCIMColliersMore Info
407-230-2809

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Joe Rossi, CCIMColliersMore Info
407-230-2809

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