$9,000,000
Pending · 0 days on market · MLS# MFRO6421248
| Lot size | 1.75 acres |
|---|---|
| Year built | 1971 |
| Property type | Hotel/Motel |
| Waterfront | Yes |
| Annual taxes | $88,716 |
| County | Volusia |
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
Listing courtesy of Robert Kirkwood, IV, MAVREALTY. Presented by MC Homes Realty Inc · 727432218.