808 Atlantic AveDaytona Beach, FL 32118

This exceptional investment opportunity presents the fee simple interest in the Atlantic Economy Inn, a 28-unit hotel situated at 808 S Atlantic Avenue in Daytona Beach, Florida, 32118. Boasting a prime beachfront location directly across from the beach, this single-story, 11,385 square foot property sits on a substantial 32,182.13 square foot lot. Built in 1953, the Atlantic Economy Inn offers investors a chance to acquire a unique, independent boutique hotel in a thriving market. The property's proximity to major attractions like Daytona International Speedway, Daytona Ice Arena, and the Daytona Beach Boardwalk ensures consistent demand. Daytona Beach, part of the rapidly growing Daytona Beach Ormond Beach Metro Area (MSA) with over 660,000 residents, offers a vibrant tourism scene and limited coastal hotel availability. This presents a compelling opportunity for investors seeking a foothold in a high-demand area. The property includes on-site parking. The asking price for this mixed-use property is $2,800,000. Further development opportunities may exist given the property's size and location within a rapidly expanding area.