favorite this post Lease Option or Joint Venture Fixer motel across street from the beach (DAYTONA BEACH) hide this posting unhide


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Great flipper units for sale in Daytona Beach, Florida. Great location just across A1A from the beach. 1960's style motel with 15 rooms that rent out daily, weekly and monthly. The pictures are from before the hurricane. Most of the renovation is completed, just needs finishing up. Most have been long term tenants, sometimes for many months or years at a time. Some of the rooms provide great ocean views and it is near the boardwalk, new restaurants, and most of the renewal projects occurring on the Beachside. The rooms are efficiency units, with small kitchens, and can bring in between $1000 and $1250 per month. It is a well located mom and pop motel that can create strong cash flow and is only steps from the beach. It is also the first motel you see heading south on A1A coming off International Speedway Blvd, one of the major arteries into Daytona.
The motel is in the process of being renovated from some hurricane damage. The buyer can complete the work or do a tear down and put in something different. The location offers a multitude of other possibilities if you want to make a change with the property. Maybe you want to turn it into condos, or make it a sober living facility, or add another level to it. Perhaps, put in restaurants in the future. It is a great site. The motel is for sale at $850K. Please no brokers, we are not looking for someone to list it.
If you are a realtor, and have a specific buyer we will pay you a 3% commission. CallĀ  show contact info
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post id: 6744234924



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