$1,199,000 Rare opportunity to acquire the Indian Palm Motel, a well-established 14-unit motel offering an attractive approximately 15% cap rate, strong existing cash flow, and significant upside potential. This is a true income-producing asset where the right owner/operator may be able to increase revenue and profitability through improved management, marketing, pricing, and targeted property enhancements. Situated on approximately 0.56 acres along highly traveled Ridgewood Avenue/US-1 in Holly Hill, the property offers excellent visibility and accessibility, with 14 guest units, on-site office, coin-operated laundry, and 15 dedicated parking spaces. Located approximately 3 miles from Daytona Beach and 5 miles from Daytona International Speedway, the motel benefits from year-round tourism, major events, seasonal travel, local business activity, and the continued growth of the Daytona Beach market. The property has an established operating history and recurring demand, providing an investor with immediate cash flow and multiple opportunities to create additional value. A new owner who brings strong hospitality management and a proactive operating strategy could potentially push NOI and returns well beyond the current performance. Strong yield, established income, prime location, and substantial value-add potential make the Indian Palm Motel an exceptional opportunity for an investor seeking a high-performing hospitality asset with room to grow. O6443334 MLS Rare opportunity to acquire the Indian Palm Motel, a well-established 14-unit motel offering an attractive approximately 15% cap rate, strong existing cash flow, and significant upside potential. This is a true income-producing asset where the right owner/operator may be able to increase revenue and profitability through improved management, marketing, pricing, and targeted property enhancements. Situated on approximately 0.56 acres along highly traveled Ridgewood Avenue/US-1 in Holly Hill, the property offers excellent visibility and accessibility, with 14 guest units, on-site office, coin-operated laundry, and 15 dedicated parking spaces. Located approximately 3 miles from Daytona Beach and 5 miles from Daytona International Speedway, the motel benefits from year-round tourism, major events, seasonal travel, local business activity, and the continued growth of the Daytona Beach market. The property has an established operating history and recurring demand, providing an investor with immediate cash flow and multiple opportunities to create additional value. A new owner who brings strong hospitality management and a proactive operating strategy could potentially push NOI and returns well beyond the current performance. Strong yield, established income, prime location, and substantial value-add potential make the Indian Palm Motel an exceptional opportunity for an investor seeking a high-performing hospitality asset with room to grow. 828 Ridgewood Avenue, Daytona Beach
$189,000 High traffic corner lot at US1 & 8th St in up-and-coming Holly Hill. Close to HH City Hall, HH Police Dept, HH Fire Dept, HH YMCA, Pictona (Pickleball Daytona at Holly Hill), Pictona is a state-of-the-art Pickleball facility which has already hosted an international Pickleball tournament. Close to LPGA and Mason Avenues. Close to banking, shopping, restaurants. Nestled between Daytona Beach and Ormond Beach. Close to the river and the beach. THE POSSIBILITIES ARE ENDLESS! V4932592 MLS High traffic corner lot at US1 & 8th St in up-and-coming Holly Hill. Close to HH City Hall, HH Police Dept, HH Fire Dept, HH YMCA, Pictona (Pickleball Daytona at Holly Hill), Pictona is a state-of-the-art Pickleball facility which has already hosted an international Pickleball tournament. Close to LPGA and Mason Avenues. Close to banking, shopping, restaurants. Nestled between Daytona Beach and Ormond Beach. Close to the river and the beach. THE POSSIBILITIES ARE ENDLESS! 000 Ridgewood Avenue, Daytona Beach