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IN THE GREATER DAYTONA BEACH AREA
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808 S Atlantic Avenue
Daytona Beach, FL 32118
$2,800,000
Property Type: Commercial Sale
MLS Listing ID: 1202384
Year Built: 1953
Swimming Pool: No
Parking: Guest, Parking Lot, Covered
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DESCRIPTION
Exclusively retained to offer for sale the fee simple interest in the 25-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,Exclusively retained to offer for sale the fee simple interest in the 25-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; real
PROPERTY FEATURES
Additional Information
Area Major
14 - Daytona Peninsula S of Seabreeze
Area Minor
14 - Daytona Peninsula S of Seabreeze
Accessibility Features Walker-Accessible Stairs
Accessible Entrance, Common Area, Accessible WasherDryer, Ceiling Track, Central Living Area, Accessible Doors, Electronic Environmental Controls, Accessible Full Bath, Accessible Washer/Dryer, Accessible Approach with Ramp, Accessible Hallway(s), Accessible Common Area, Accessible Kitchen, Visitor Bathroom, Accessible Closets, Accessible Bedroom, Accessible Central Living Area, Accessible Electrical and Environmental Controls
Attached Garage YN
false
Bathrooms Total Decimal
30.0
Bathrooms Total Integer
30
Building Features % Air Conditioned or Heated
100
Building Features Max Parking Space Available
26
Building Features Pool3
Office, Outside Storage, Pool, Kitchen Facilities, Pool3, Laundry4, Laundry, Office3
Business Type Other37
Commercial, Commercial2, Hospitality, Parking2, Mixed, HotelMotel2, Hotel/Motel, Parking
Construction Materials Other8
Brick, Block, Concrete
Contract Status Change Date
2024-08-05
Cooling Other7
WallWindow Unit(s), Window Unit(s), Ceiling Fan(s), Ceiling Fan(s)2, Electric, Wall/Window Unit(s), Wall Unit(s)
Cooling YN
true
Current Use Other10
Commercial, Hotel/Motel, HotelMotel
Currently Not Used Accessibility Features YN
Yes
Currently Not Used Additional Parcels YN
No, false
Currently Not Used Bathrooms Total
30.0
Currently Not Used Building Area Total
11385.0
Currently Not Used Building Name
Atlantic Economy Inn
Days On Market
115
Electric Whole House Generator
220 Volts, 220 Volts in Garage
Fencing Other14
Back Yard, Privacy
Flooring Other13
Vinyl, Concrete2, Other13, Tile, Carpet, Concrete, Terrazzo, Other
General Property Information Association YN
No, false
General Property Information Building Area Source2
Appraiser
General Property Information Directions
From World most famous beach Go South on Atlantic Avenue about 1/2 mile Building is on Right
General Property Information Land Lease YN2
No, false
General Property Information List PriceSqFt
245.94
General Property Information Number Of Units Total2
28, 28.0
General Property Information Senior Community YN
No, false
General Property Information Stories Total
1
General Property Information Waterfront YN
Yes, true
Heating Other16
Electric, Electric3, Central
Heating YN
true
Internet Address Display YN
true
Internet Automated Valuation Display YN
true
Internet Consumer Comment YN
true
Internet Entire Listing Display YN
true
Listing Contract Date
2024-08-03
Listing Terms Other19
Owner May Carry, Cash, Private Financing Available
Location Beach Area
true
Location City4
true
Location Tax and Legal Country
US
Location Tax and Legal Parcel Number
5309-26-02-0010
Location Tax and Legal Tax Annual Amount
8203.0
Location Tax and Legal Tax Legal Description4
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
Location Tax and Legal Tax Year
2023
Location Tax and Legal Zoning Description
Commercial
Lock Box Type See Remarks
Call Listing Office, Call Listing Office2
Lot Features Other18
Historic Area
Lot Size Area
0.74
Lot Size Square Feet
32182.13
Lot Size Units
Acres
Major Change Timestamp
2024-08-05T16:04:58Z
Major Change Type
New Listing
Mls Status
Active
Modification Timestamp
2024-10-20T16:49:15Z
On Market Date
2024-08-05
Operating Expense Includes Other39
Pest Control, Cable TV, Accounting, Pest Control4, Maintenance, Trash, Accounting2, Trash3, WaterSewer, Utilities, Maintenance Structure, Advertising2, Cable TV5, Water/Sewer, Advertising, Maintenance Structure3
Road Frontage Type Other25
City Street, State Road
Roof Other23
Tile2, Tile, Flat Tile
Security Features Other26
Closed Circuit Camera(s)
Sewer Unknown
Public Sewer
StatusChangeTimestamp
2024-08-05T16:04:58Z
Unit 1 Details # Units (This Type)
8
Unit 1 Details Annual Rent
23500.0
Unit 1 Details Baths Total
1
Unit 1 Details Furnished3
Furnished
Unit 1 Details Unit ID
1
Unit 1 Details Unit Remarks
Confidential w Kitchen
Unit 1 Details Unit SqFt
240.0
Unit 2 Details # Units (This Type)2
8
Unit 2 Details Annual Rent2
23500.0
Unit 2 Details Baths Total2
1
Unit 2 Details Furnished4
Furnished
Unit 2 Details Unit ID2
2
Unit 2 Details Unit Remarks2
Confidential w Kitchen
Unit 2 Details Unit SqFt2
240.0
Unit 3 Details # Units (This Type)3
8
Unit 3 Details Annual Rent3
23500.0
Unit 3 Details Baths Total3
1
Unit 3 Details Furnished5
Furnished
Unit 3 Details Unit ID3
3
Unit 3 Details Unit Remarks3
Confidential w Kitchen
Unit 3 Details Unit SqFt3
240.0
Unit 4 Details # Units (This Type)4
8
Unit 4 Details Annual Rent4
23500.0
Unit 4 Details Baths Total4
1
Unit 4 Details Furnished6
Furnished
Unit 4 Details Unit ID4
4
Unit 4 Details Unit Remarks4
Confidential w Kitchen
Unit 4 Details Unit SqFt4
240.0
Unit 5 Details # Units (This Type)5
8
Unit 5 Details Annual Rent5
23500.0
Unit 5 Details Baths Total5
1
Unit 5 Details Furnished7
Furnished
Unit 5 Details Unit ID5
5
Unit 5 Details Unit Remarks5
Confidential w Kitchen
Unit 5 Details Unit SqFt5
240.0
Unit 6 Details # Units (This Type)6
8
Unit 6 Details Annual Rent6
23500.0
Unit 6 Details Baths Total6
1
Unit 6 Details Furnished8
Furnished
Unit 6 Details Unit ID6
6
Unit 6 Details Unit Remarks6
Confidential w Kitchen
Unit 6 Details Unit SqFt6
240.0
Unit 7 Details # Units (This Type)7
8
Unit 7 Details Annual Rent7
23500.0
Unit 7 Details Baths Total7
1
Unit 7 Details Furnished9
Furnished
Unit 7 Details Unit ID7
7
Unit 7 Details Unit Remarks7
Confidential w Kitchen
Unit 7 Details Unit SqFt7
240.0
Unit 8 Details # Units (This Type)8
8
Unit 8 Details Annual Rent8
23500.0
Unit 8 Details Baths Total8
1
Unit 8 Details Furnished10
Furnished
Unit 8 Details Unit ID8
8
Unit 8 Details Unit Remarks8
Confidential w Kitchen
Unit 8 Details Unit SqFt8
240.0
Utilities Other29
Electricity Available, Water Connected, Cable Connected, Electricity Connected, Cable Available, Natural Gas Available, Sewer Connected
Water Source Other31
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