This is an old style Florida motel and six-plex that takes up the entire block on A1A across the street from the ocean. It is steps to the beach. There are a total of 20 rooms, with the top floor rooms having views of the Atlantic ocean.The beach side parcel that is vacant land in front of this motel is going up for sale at about $60 million.
The property is mostly weekly and monthly rentals that stay well occupied most of the year with folks who desire the beach atmosphere and want to be near the activity center of Daytona Beach. Regular maintenance has been done to keep the motel functioning well. Great opportunity to get in on the redevelopment boom happening in Daytona Beach, Florida.
The Hard Rock Hotel and Condominiums, the Hyatt and many other big names are building or renovating properties in Daytona and they probably have good reason to be doing so. The economy is thriving now and activity is very high around town. Daytona is coming back big and A1A next to the beach is where you want to be.
The choices are many as to what is the best use of this property, retail shops, fast food, sit down restaurant, boutique hotel, condos or ???. In the mean time the income is good and land keeps going up in value. Do not miss this the chance to purchase this property while it is still reasonably priced.
For sale at $1.75 million. Call Gary at 619 549 2417