738-744 N Atlantic Ave - Hospitality FOR SALE


Daytona Beach, FL 32118- Daytona Beach Shores
$4,900,000 USD
386-566-2183

NO PHOTO

$4,900,000 USD
Hospitality - FOR SALE
null | Request Cap Rate

738-744 N Atlantic Ave
Daytona Beach, FL 32118
Daytona Beach Shores


HIGHLIGHTS

  • The hotel is directly located on Daytona Beach, within walking distance to multiple restaurants, shops, and the Daytona Beach Boardwalk.
  • All guest rooms have been designed to have an ocean view.
  • Hilton is an international brand leader consisting of 14 award-winning brands with nearly 5,000 properties across six continents.
  • Caters to the increasing number of travelers who enjoy original upscale hotels.
  • Each property within the collection is independent and will maintain that independent spirit.

OVERVIEW

Explore an exceptional Hotel site with +/- 200 feet beach frontage and Atlantic Blvd. The fully approved hotel development opportunity with an approved influential Hilton brand further enhances the desirability of this prime development. Embrace the power of this exclusive property, strategically positioned to captivate investors seeking a prestigious and lucrative opportunity in the Daytona Beach area. This prime ocean front, Daytona Beach Land is approved franchise for a Tapestry Brand by Hilton - The proposed 90 unit Hotel Development consist of approved engineering and construction plans and all associated required reports. the duration of the approval exceed a 4 years task by the professional team. The details will be available for inspection during the due diligence period. Discover a prime investment opportunity in Daytona Beach, FL. Positioned in a sought-after, high barrier to entry area. Situated minutes from the iconic Daytona Beach Boardwalk and Main Street Pier.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$110 USD /SF

# OF ROOMS

90

PRICE/ROOM

$54,444 {currency}

CAP RATE

Request Cap Rate

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Daytona Beach, Tapestry Collection by Hilton

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

11

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2035

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

PD-G

APN/PARCEL ID

5305-01-17-0110

ASK ABOUT THIS PROPERTY

Mital SaraiyaSVN | Alliance Commercial Real Estate AdvisorsMore Info
386-566-2183

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Mital SaraiyaSVN | Alliance Commercial Real Estate AdvisorsMore Info
386-566-2183

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