Tropic Aire Motel For Sale

  SOLD August 2014 for $433,500

1000 S. Atlantic Avenue, Daytona Beach, Florida 32118


Documents
Building Size4,372 Square Feet
Land Size0.31 Acres
Units11
ZoningT-4
Parking18
Year Built1949
Parcel No5309-16-00-0200
Cap Rate9.57%

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.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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