619 N RIDGEWOOD AVENUE at

619 N RIDGEWOOD AVENUE

For sale Days on market 230

$2,600,000

$265/sq ft

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Overview

Year Built

1946

Sqft

9806

Property Type

Hotel/Motel

Property Description

Exceptional investment opportunity in the heart of Daytona Beach. This 23-room income producing hotel is ideally positioned along highly trafficked N Ridgewood Avenue (US-1), offering outstanding visibility and consistent drive-by exposure. The property is located just minutes from the area’s world-famous beaches, providing strong year-round tourism demand, and offers convenient access to Daytona International Speedway and International Speedway Blvd, placing it in one of the region’s most active hospitality corridors. Daytona Beach draws significant annual tourism supported by major events including the Daytona 500, Rolex 24 at Daytona, Coke Zero Sugar 400, Daytona Beach Bike Week, and Biketoberfest, all of which bring substantial visitor traffic and lodging demand to the market.The property presents a strong value-add opportunity with the potential to add up to five additional guest rooms within the existing structure. The rear portion of the property also offers space for possible expansion, allowing investors the opportunity to further increase room count and revenue potential. This asset is well suited for investors seeking a strategically located hospitality property with upside potential in a high-traffic, tourism-driven market.

Property Details

MLS#

O6383052

Total Floor in Bldg

Address

619 RIDGEWOOD N

City

DAYTONA BEACH

State/county

Zip/Postal Code

32114

Area

Kingston

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,239

Maint Fee

$--

Tax Year

2025

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