$9,000,000

1025 S Atlantic Avenue Daytona Beach, FL 32118 Commercial - Pending

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Description

The Silver Beach Club Resort is a 73-unit, 76,021 SF oceanfront property situated on 1.55+ acres with 185 feet of direct Atlantic frontage. Originally built in 1970 as a 112-unit hotel and later converted to timeshare use in the 1980s, the property offers a clear opportunity to reconfigure back to its original 112-unit layout. Resort amenities include a pool, jacuzzi, recreational area, café, event suite, and private balconies or patios overlooking the ocean. The asset offers investors a clear value-add or redevelopment opportunity within Daytona Beach's thriving tourist corridor. Highlights: Prime oceanfront location with strong visibility at the corner of Atlantic Ave and Silver Beach Ave T-1 Tourist zoning allows hotel/motel use and redevelopment flexibility Surrounded by new high-rise hotel development, driving area growth. 73 Units with Value-Add Conversion Potential to 112 Units

Property Highlights

Property Type: Commercial -
Cooling: Central Air
Lot Size: 1.75 Acres
Taxes: $88,716
Year Built: 1971

General Information

County: Volusia
Subdivision: ALL TIMESHARE ESTATES
Listed By:
Robert Kirkwood, IV MAVREALTY 727-314-3942

Property Features

Body of Water: ATLANTIC OCEAN
Directions: From FL-400 E/Beville Rd, Use the left 2 lanes to turn left onto S Ridgewood Ave. Turn right onto Orange Ave. Continue onto Silver Beach Ave. Turn left onto S Atlantic Ave. Property will be on the right.
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Frontage Gulf Ocean: 185
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing
Lot Dimensions: 1.75
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Hotel/Motel
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Special View Info: Water
Water Access: Beach, Gulf/Ocean
Water Access Y/N: Yes
Waterfront Features: Beach Front, Gulf/Ocean
Water View: Beach, Gulf/Ocean - Full
$9,000,000
New to the Market Pending
BEDS0 BATHS SQUARE FEET72,530 MLS#O6421248
STATUSPending PROPERTY TYPECommercial - SUBDIVISIONALL TIMESHARE ESTATES

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1025 S Atlantic Avenue , Daytona Beach, FL 32118.

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