About 619 N Ridgewood Avenue
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.
Features of 619 N Ridgewood Avenue
| MLS® # | O6383052 |
|---|---|
| Price | $2,300,000 |
| Square Footage | 9,806 |
| Acres | 0.79 |
| Year Built | 1946 |
| Type | Commercial Sale |
| Sub-Type | Hotel/Motel |
| Status | Active |
Listing Details
| Office | FATHOM REALTY FL LLC |
|---|
Listing Map
Neighborhood Information for 619 N Ridgewood Avenue
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
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Basilica School Of St Paul Catholic - Preschool to 8Th Grade - Closest Elementry School |
0 Miles | |
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Friendship Academy Private - Preschool to Preschool |
0 Miles | |
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The Chiles Academy Public - 6Th Grade to 12Th Grade |
1 Miles | |
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Pure In Heart Christian Academy And Performing Arts Center Private - to |
1 Miles | |
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Imagination Station Too Montessori Private - Preschool to Kindergarten |
1 Miles | |
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Richard Milburn Academy Public - 9Th Grade to 12Th Grade |
1 Miles | |
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Riverview Learning Center Public - 6Th Grade to 12Th Grade |
1 Miles |
School data provided by GreatSchools