UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 11,385 sqft
Price per Sqft $245
Subdivision Oliver Terrace Atlantic City
MLS Listing ID V4937584
Construction Status Completed
HOA Y/N No
Year Built 1953
Annual Tax Amount $8,203
Lot Size 0.740 Acres
Acres 0.74
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
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 world-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.
Location
State FL
County Volusia
Community Oliver Terrace Atlantic City
Area 32118 - Daytona Beach/Holly Hill
Zoning T4
Interior
Heating Electric, Gas
Cooling Mini-Split Unit(s), Wall/Window Unit(s)
Flooring Carpet, Ceramic Tile, Concrete, Terrazzo, Tile
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer
Exterior
Parking Features Parking Spaces - 19 to 30
Community Features Beach Area
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Private, Public, Sewer Nearby, Telephone Nearby, Underground Utilities
Waterfront Description Gulf/Ocean
View Y/N Yes
Water Access Yes
Water Access Desc Beach,Gulf/Ocean
Roof Type Shingle
Building
Lot Description City Limits, Retail Condo, Sidewalk, Street Lights, Paved, Waterfront
Story 1
Entry Level One
Foundation Brick/Mortar, Concrete Perimeter, Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block,Brick,Cement Siding,Concrete,Stone,Stucco
New Construction false
Construction Status Completed
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional, Owner Financing, Private Financing Available
Listing Terms Cash, Conventional, Owner Financing, Private Financing Available
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/V4937584
