Nest Seekers

Exceptional investment opportunity in the heart of Daytona Beach.

619 RIDGEWOOD AVENUE
DAYTONA BEACH, FL 32114

Listing

Web ID:5680857
Website:https://www.nestseekers.com/5680857

Property

Ownership: Sole Proprietor
Type: Unknown
Area: 9806 sq ft
Lot Size: 0.8 Acres

Financials

Price:$2,300,000
Annual Taxes:$6,239.46

Description

Exceptional investment opportunity in the heart of Daytona Beach. This 23-room income producing hotel is ideally positioned along highly trafficked N Ridgewood Avenue (US-1), offering outstanding visibility and consistent drive-by exposure. The property is located just minutes from the area’s world-famous beaches, providing strong year-round tourism demand, and offers convenient access to Daytona International Speedway and International Speedway Blvd, placing it in one of the region’s most active hospitality corridors. Daytona Beach draws significant annual tourism supported by major events including the Daytona 500, Rolex 24 at Daytona, Coke Zero Sugar 400, Daytona Beach Bike Week, and Biketoberfest, all of which bring substantial visitor traffic and lodging demand to the market.The property presents a strong value-add opportunity with the potential to add up to five additional guest rooms within the existing structure. The rear portion of the property also offers space for possible expansion, allowing investors the opportunity to further increase room count and revenue potential. This asset is well suited for investors seeking a strategically located hospitality property with upside potential in a high-traffic, tourism-driven market.

Amenities

  • Fire Alarm
  • Security System
  • Smoke Detectors

Location

619 RIDGEWOOD DAYTONA BEACH FL 32114 USA

Contact

Miami, FL
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Phone: +1 305-203-4555
Fax: +1 305-675-0745
jm@nestseekers.com
Listing Courtesy of FATHOM REALTY FL LLC
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