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707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
707 S Atlantic Ave
commercial

707 S Atlantic Ave

707 S Atlantic Ave, Ormond Beach, FL 32176

$13,000,000

  • 57,875 Sq.Ft.
commercial

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

  • Prime Beachfront Location: 1.95 AC direct oceanfront property with private beach access.

  • 110 Units | Convertible to Condotel or Multi-Family Rentals

  • Zoning: T-1 – Flexible for short-term, long-term, or hybrid rental models.

  • Ideal for Investors, Developers & Hospitality Operators

  • 57,875 SF of Redevelopment Potential | Interior Corridor Layout

  • On-Site Amenities – Pool, patio, business center, and high-speed internet.

  • Daytona Beach International Airport – Just 22 Minutes Away

Market-Driven Opportunity

  • Short-Term Rental Growth: Daytona Beach’s tourism market is experiencing steady annual growth, making it a top-tier Airbnb destination.

  • Condotel Demand: Investors and second-home buyers are seeking affordable oceanfront properties with rental potential.

  • 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 Type
Multi-family, Commercial
Location
707 S Atlantic Ave, Ormond Beach, FL 32176
Listing Last Updated

Property Features & Amenities

Interior

Exterior

Details

Financial

Price
$13,000,000

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