Tropic Aire Motel For Sale
SOLD August 2014 for $433,500
1000 S. Atlantic Avenue, Daytona Beach, Florida 32118
| Building Size | 4,372 Square Feet |
| Land Size | 0.31 Acres |
| Units | 11 |
| Zoning | T-4 |
| Parking | 18 |
| Year Built | 1949 |
| Parcel No | 5309-16-00-0200 |
| Cap Rate | 9.57% |
Tropic Aire Motel For Sale.
Art Deco' Style Building - Beachside.
Recent extensive remodel and upgrades.
Recently replaced HVAC, windows, laundry equipment, etc.
10 units plus manager's unit and possible gift shop.
Great location one block north of Silver Beach Avenue.
Ongoing business - Cash cow.
Numbers are Actual/Proforma.
18 Parking Spaces.
Almost across the street from Proposed Hard Rock Hotel and Café.
Please do not approach management personnel or property without agent.
Located on the west side of Atlantic Avenue one block north of Silver Beach Avenue.
Agent
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Office Phone: (386) 301-4580Mobile: (386) 295-5723Fax: (386) 206-1735
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.