Press Releases
Marcus & Millichap Brokers Sale of 75-Room Oceanfront Hotel in Daytona Beach Shores
July 15, 2025
DAYTONA BEACH, Fla., July 15, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Days Inn Tropical Seas, a 75-room, seven-story oceanfront hotel in Daytona Beach Shores, Florida. The asset sold for $11.5 million.
“At a time when there have been relatively few oceanfront hotel sales, the marketing process was a reminder of the existing demand for stable leisure hotels in Florida, particularly on the sand,” said Robert Hunter, Senior Managing Director Investments. “The stability of the existing operation and consistency of revenue since COVID were critical in retaining value despite constraints from lingering adverse market conditions.”
Hunter and Leo Reilly, investment specialists in Marcus & Millichap’s Fort Lauderdale office, exclusively marketed the property on behalf of the seller, an out-of-state family partnership, and procured the buyer, a private-party owner-operator with a local presence.
Built in 1986, the Days Inn Tropical Seas is located at 3357 S. Atlantic Ave. on approximately 0.84 acres with direct beach access. Amenities include an oceanfront pool and hot tub, business center, parking garage, and select rooms with balconies or kitchens. Nearby demand drivers include Daytona International Speedway, Ocean Center, Daytona Beach International Airport, Embry-Riddle Aeronautical University, and local retail and dining along Atlantic Avenue.
“At a time when there have been relatively few oceanfront hotel sales, the marketing process was a reminder of the existing demand for stable leisure hotels in Florida, particularly on the sand,” said Robert Hunter, Senior Managing Director Investments. “The stability of the existing operation and consistency of revenue since COVID were critical in retaining value despite constraints from lingering adverse market conditions.”
Hunter and Leo Reilly, investment specialists in Marcus & Millichap’s Fort Lauderdale office, exclusively marketed the property on behalf of the seller, an out-of-state family partnership, and procured the buyer, a private-party owner-operator with a local presence.
Built in 1986, the Days Inn Tropical Seas is located at 3357 S. Atlantic Ave. on approximately 0.84 acres with direct beach access. Amenities include an oceanfront pool and hot tub, business center, parking garage, and select rooms with balconies or kitchens. Nearby demand drivers include Daytona International Speedway, Ocean Center, Daytona Beach International Airport, Embry-Riddle Aeronautical University, and local retail and dining along Atlantic Avenue.
# # #
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
