$850,000

$126/sq ft

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Overview

Year Built

1950

Sqft

6741

Property Type

Hotel/Motel

Property Description

Under contract-accepting backup offers. Great investment opportunity with BR-1 zoning. Property was previously licensed for short-term rental / hotel / motel use and offers flexible redevelopment potential. Highest and best use may include rooming house, PadSplit, or hostel-style rental, subject to buyer verification and permitting. Property has been operated as a by-the-room rental, with utilities typically included. The existing layout previously supported a high room count, and the structure offers potential for reconfiguration and expansion of rentable rooms with redesign and approvals. Buyer to verify zoning, licensing, permitted use, occupancy limits, and redevelopment potential.

Property Details

MLS#

O6370452

Total Floor in Bldg

2

Address

222 MADISON

City

DAYTONA BEACH

State/county

FL

Zip/Postal Code

32114

Area

Kingston

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,243

Maint Fee

$--

Tax Year

2024

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Boris Gelfand