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Hotel-Motel

Ocean Court Motel: Daytona Beach Shores Beachfront Development Site

2315 S Atlantic Ave, Daytona Beach, FL 32118

Listing Price: Request For Offer

Number of Rooms
33
RevPAR
$64
Gross SF
54,014
Year Built
1967

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 1.24-acre Beachfront Development Site located in Daytona Beach Shores, Florida. The property contains the Ocean Court, an existing and currently operating independent, 33-room, beachfront motel which can be razed and redeveloped into a new multifamily or hospitality structure (More information on pages 8 through 10). Located directly off Florida State Road A1A, the property is a short drive from the area's major tourist destinations such as world-renowned beaches and the Daytona International Speedway, home of the famous Daytona 500 NASCAR race, an event larger than the Super Bowl. The Beachfront Development Site provides an investor the opportunity to acquire a beachfront property with an attractive multifamily or hospitality redevelopment opportunity in an established market and popular tourist destination.

Investment Highlights

  • By Right Beachfront 74-Unit Multifamily or 87-Room Hotel Development Opportunity
  • Property has 150 Feet of Beach Frontage
  • Includes The Ocean Court, A Currently Operating Independent, 33-Room Motel

Exclusively Listed By

Hotel-Motel

Ocean Court Motel: Daytona Beach Shores Beachfront Development Site

Listing Price: Request For Offer

Number of Rooms
33
RevPAR
$64
Gross SF
54,014
Year Built
1967

Investment Highlights

  • By Right Beachfront 74-Unit Multifamily or 87-Room Hotel Development Opportunity
  • Property has 150 Feet of Beach Frontage
  • Includes The Ocean Court, A Currently Operating Independent, 33-Room Motel

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 1.24-acre Beachfront Development Site located in Daytona Beach Shores, Florida. The property contains the Ocean Court, an existing and currently operating independent, 33-room, beachfront motel which can be razed and redeveloped into a new multifamily or hospitality structure (More information on pages 8 through 10). Located directly off Florida State Road A1A, the property is a short drive from the area's major tourist destinations such as world-renowned beaches and the Daytona International Speedway, home of the famous Daytona 500 NASCAR race, an event larger than the Super Bowl. The Beachfront Development Site provides an investor the opportunity to acquire a beachfront property with an attractive multifamily or hospitality redevelopment opportunity in an established market and popular tourist destination.

Exclusively Listed By

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