2011 S Atlantic AVENUE, Daytona Beach Shores, FL, 32118 | $5,949,000

Are you ready to dive into an exceptional investment opportunity in one of Florida's most coveted coastal destinations? Look no further than our tropical landscaped boutique hotel in beautiful Daytona Beach Shores!

As an esteemed investor, you understand the allure of prime real estate, and our limited-service hotel is a gem waiting to be discovered. Here's what sets us apart:

**Prime Location**: Nestled along the pristine shores of Daytona Beach, our boutique hotel boasts direct Oceanfront or Oceanview rooms, each adorned with inviting patios or balconies for guests to soak in the breathtaking scenery.

**Diverse Room Selection**: With 27 thoughtfully designed rooms, including Ocean Beach Front Kings, Garden View Queens, and Deluxe Suites, we cater to a variety of guest preferences, ensuring unforgettable experiences for all.

**Exceptional Amenities**: Our three-story property features a heated pool, charming canopy, sturdy seawall, and 65 feet of sandy beachfront, providing guests with unrivaled comfort and relaxation throughout their stay.

**Investment Potential**: Beyond its coastal charm, our hotel presents a lucrative investment opportunity. With daily rates ranging from $110 to $210, the potential for substantial returns is within reach. Whether you're a seasoned investor or exploring new ventures, our property promises rewarding outcomes.

**Community Integration**: By investing in our hotel, you'll become an integral part of the vibrant Daytona Beach Shores community. Embrace the opportunity to connect with fellow entrepreneurs, hospitality enthusiasts, and beach lovers alike.

**Growing Demand**: As the demand for boutique accommodations continues to surge, now is the perfect time to seize this opportunity. Join us in meeting the evolving needs of travelers seeking unique, personalized experiences along Florida's enchanting coastline.

Features

  • Property Type: Hotel/Motel
  • Construction: Block, Concrete
  • Levels: 3
  • Cooling: Central Air
  • Lot Size: 60 x 310
  • Year Built: 1987
  • Approx Sq. Feet: 7,161
  • Acreage: 0.43
  • Est. Taxes: $22,077
  • MLS#: O6180979
  • Days on Market: 130 days
  • Website: https://www.raveis.com
    /prop/O6180979/2011satlanticavenue_daytonabeachshores_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 7/5/2024 11:32:08 PM)
Listing courtesy of ALPHA R.E. OF CENTRAL FL LLC   Phone: 407-927-1040

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2011 S Atlantic AVENUE, Daytona Beach Shores, FL, 32118

$5,949,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,759,200 $4,759,200 $4,759,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 7.002% 6.915%
Monthly Tax Payment $1,840 $1,840 $1,840
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $32,064 $31,265 $42,115
Total Monthly Payment $34,029 $33,230 $44,080

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.