619 N Ridgewood Avenue, Daytona Beach, FL 32114
- $2,600,000
- 9,806
- SqFt
- List Price
- $2,600,000
- Status
- Active
- Days on Market
- 159
- MLS#
- O6383052
- Property Style
- Hotel/Motel
- Year Built
- 1946
- Living Area
- 9,806
- Lot Size
- 34,500
- Acres
- 0.79
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Kingston
- MLS Area Major
- Daytona Beach
Property 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.
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Additional Information
- Taxes Annual
- $6239
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Block, Concrete
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Parking Spaces - 19 to 30
- Flood Zone Code
- X
- Parcel ID
- 5338-01-09-0090
- Legal Description
- 38-15-33 N 2 FT OF LOT 8 & LOT 9 EXC HIWAY BLK 9 KINGSTON MB 3 PG 95 MB 15 PG 194 PER OR 4634 PG 2747 PER OR 5342 PG 4636
Listing courtesy of FATHOM REALTY FL LLC. bnunez@fathomrealty.com
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