Property Description
Premier Oceanfront Redevelopment & Airbnb/Condotel Opportunity
This four-story, 110-unit oceanfront property offers a prime redevelopment opportunity in a high-demand beachfront market. Situated on 1.95 acres of direct oceanfront land, this asset is ideally positioned for short-term rentals, long-term leases, or a condotel conversion, allowing investors to maximize returns through various revenue-generating models.
Rehab & Revenue Opportunities
✔ Airbnb & Short-Term Rentals: Convert the property into a high-yield, fully managed Airbnb destination, catering to the increasing demand for vacation rentals and extended stays.
✔ Condotel Conversion & Unit Sales: Sell individual units as condo residences, allowing owners to live in or rent out their units, providing a lucrative mix of one-time sales revenue and ongoing management fees.
✔ Long-Term Rentals: Transition into premium oceanfront rental apartments, offering stable cash flow in a market with strong rental demand and limited beachfront housing inventory.
✔ Luxury Boutique Resort: Reposition the property as a modern boutique resort, capturing the area's strong tourism-driven demand and high occupancy rates.
Key Investment Highlights
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Prime Beachfront Location: 1.95 AC direct oceanfront property with private beach access.
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110 Units | Convertible to Condotel or Multi-Family Rentals
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Zoning: T-1 – Flexible for short-term, long-term, or hybrid rental models.
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Ideal for Investors, Developers & Hospitality Operators
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57,875 SF of Redevelopment Potential | Interior Corridor Layout
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On-Site Amenities – Pool, patio, business center, and high-speed internet.
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Daytona Beach International Airport – Just 22 Minutes Away
Market-Driven Opportunity
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Short-Term Rental Growth: Daytona Beach’s tourism market is experiencing steady annual growth, making it a top-tier Airbnb destination.
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Condotel Demand: Investors and second-home buyers are seeking affordable oceanfront properties with rental potential.
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Stable Long-Term Rental Market: Florida’s rising population and coastal lifestyle appeal make this property ideal for high-end lease units.
This is a rare chance to acquire and transform an oceanfront asset into a high-performing Airbnb resort, condotel, or long-term rental community. Whether you're looking to sell units individually, operate short-term rentals, or lease long-term apartments, this property offers multiple exit strategies for maximum ROI.
Don't miss out on this once-in-a-lifetime coastal investment opportunity!
Overview
Property Features & Amenities
Interior
Exterior
Details
Financial
Exclusive Listing Agents
Senior Investment Advisor / Commercial Real Estate
(386) 679-0888 [email protected]