808 S Atlantic Avenue Daytona Beach, FL $ 2,800,000
808 S Atlantic Avenue
$ 2,800,000
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808 S Atlantic Avenue

Daytona Beach, FL, 32118
$ 2,800,000
Bedrooms-- Baths30.0 Sq 11,385

Monthly Estimate*

$ 17,468

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Commercial Property for sale in Daytona Beach, FL

for $2,800,000 with 30 full baths. This 11,385 square foot building was built in 1953 on a lot size of 0.74.

Exclusively retained to offer for sale the fee simple interest in the 28-room Atlantic Economy Inn located off of South Atlantic Avenue in Daytona Beach, Florida. Daytona Beach is part of the fast-growing Daytona Beach Ormond Beach Metro Area (MSA), with a population exceeding 660,000 Daytona Beach is part of Volusia County and is located an hour away from the city of Orlando The hotel is directly across the street from the beach, It is a short drive from major demand drivers such as the Daytona International Speedway, Daytona Ice Arena, and Daytona Beach Boardwalk, amongst others. The Atlantic Economy Inn offers investors the opportunity to acquire a 25-room, independent, boutique hotel in a growing market and rapidly expanding location within Florida, where the availability of hotels near the coast is limited. From endless activities to calm, quiet days spent sunbathing and beachcombing, visitors are finding just what they're looking for in a Florida vacation along the 23 miles of the disturb business; realtors must aworld-famous iconic shores of Daytona Beach. With area investments in progress and more hotel, attraction, dining, and shopping options than ever, now is the perfect time to (re)experience all that Daytona Beach has to offer, including these new developments the owner may finance.?Do not Disturb Business, Realtor must Accompany.

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Commercial Pending

Price

$ 2,800,000

Full Bath

30

Property Type

Commercial

Taxes

$ 8,203

Style

Hotel/Motel

Lot Size

0.74

Year Built

1953

Town/City

Daytona Beach

County/Region

Volusia

MLS | Web ID

1202384

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Electric Wall/Window Unit(s) Ceiling Fan(s) Wall Unit(s) Window Unit(s)
Utilities Cable Available Cable Connected Electricity Available Electricity Connected Natural Gas Available Sewer Connected Water Connected
Roof Tile Flat Tile
Security Features Closed Circuit Camera(s)
Construction Materials Block Brick Concrete
Year Built 1953
Electric 220 Volts 220 Volts in Garage
Property Subtype Hotel/Motel
Tax Year 2023
Current Use Commercial Hotel/Motel
Business Type Commercial Hospitality Hotel/Motel Mixed Parking
Waterfront Features Ocean Front River Front
Building Name Atlantic Economy Inn
Accessibility Accessible Approach with Ramp Accessible Bedroom Accessible Central Living Area Accessible Closets Accessible Common Area Accessible Doors Accessible Electrical and Environmental Controls Accessible
County Volusia
Property Type Commercial Sale
HOA N
Attached Garage N
Building Features Kitchen Facilities Laundry Office Outside Storage Pool
Status Pending
Directions From World most famous beach Go South on Atlantic Avenue about 1/2 mile Building is on Right
City Daytona Beach
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 28
MLS Area 14 - Daytona Peninsula S of Seabreeze
Lot Size Units Acres
Lot Size Square Feet 32182.13
Land Lease Y/N N
Tax Annual Amount 8203.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 14 - Daytona Peninsula S of Seabreeze
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.corelistingmachine.com/tour/titan/?id=8532024&version=strict&_seoAddress=808-S-Atlantic-Avenue-Daytona-Beach-FL-1202384&
Standard Status Pending
Legal Description LOT 1 & A PORTION OF LOTS 2 & 3 BLK B OLIVER TERRACE MB 16 PG 153 & A PORTION OF LOT 48 ATLANTIC CITY MB 22 PGS 6-7 AS DESCRIBED IN OR 3864 PG 4031
New Construction None
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Interior
Flooring Carpet Concrete Terrazzo Tile Vinyl Other
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 30
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Exterior
Fencing Back Yard Privacy
Parking Features Covered Guest Parking Lot
Lot Features Historic Area
Water Source Public
Inclusions {u'Building & Land': True u'Business with Real Estate': True u'Furniture Fixtures and Equipment': True}
Lot Size Area 0.74
Spa N
Building Area Total 11385.0
Lot Size Acres 0.74
Waterfront Y/N Y
Road Frontage Type City Street State Road
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 808
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* Excluded Features
List By
Terry Sitaram

Listing Agent

Realty Pros Commercial

Broker

Affordability Calculator

$18,152
Per Month
96%
4%
0%
Monthly Principal & Interest
$17,468
Monthly Property Taxes
$684
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1330097 Elementary School
1330098 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/5/2024$2,800,000 Listed Price

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808 S Atlantic Avenue, Daytona Beach, FL, 32118 is a Commercial Property for sale at $2,800,000 with 11,385 sqft and a lot size of 0.74. 808 S Atlantic Avenue has 30.0 baths and was built in 1953. The property's zip code is 32118 which is in Daytona Beach, FL