Specialty Real Estate
1503 South Atlantic Avenue Daytona Beach, FL 32118
Details & Description
Price: $3,400,000
    Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest of the Sunrise Inn located in Daytona Beach, Florida. The property is a 0.55 Acre, extended stay with 15 kitchenettes, right on the beach. Located directly off Florida State Road A1A, the property is a short drive from the area's major tourist destinations such as world-renowned beaches and the Daytona International Speedway, home of the famous Daytona 500 NASCAR race, an event larger than the Super Bowl. The Sunrise Inn provides an investor the opportunity to acquire a 99.9% occupied beachfront property with an attractive opportunity in an established market and popular tourist destination.
    Property Highlights
    Listing Agents
    David Greenburg

    O: 954-245-3449
    david.greenberg@marcusmillichap.com
    Christopher Passeggiata
    Marcus & Millichap
    O: 954-245-3581
    christopher.passeggiata@marcusmillichap.com
    Gabriel Shamay
    Marcus & Millichap
    O: 954-245-3430
    gabriel.shamay@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1503 South Atlantic Avenue

    Daytona Beach, FL 32118

    Sunrise Inn Daytona Beach

    Listing ID: 275649
    • 1503 South Atlantic Avenue Daytona Beach, FL 32118 | for Sale | Photo 1
    • 1503 South Atlantic Avenue Daytona Beach, FL 32118 | for Sale | Photo 2
    1503 South Atlantic Avenue | for Sale | Thumbnail 1
    1503 South Atlantic Avenue | for Sale | Thumbnail 2
    Building Size: 10,944 SF
    Lot Size: 0.550 AC
    Land Size: 23,958 SF
    Building $/SF: $310.67
    Land $/SF: $141.92
    Price
    $3,400,000
    Property Highlights
    Sunrise Inn Daytona Beach is a 28-unit
    99.9 Occupied, Stabilized Beachfront
    Recently Renovated - Turn Key Property
    Description

    Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest of the Sunrise Inn located in Daytona Beach, Florida. The property is a 0.55 Acre, extended stay with 15 kitchenettes, right on the beach. Located directly off Florida State Road A1A, the property is a short drive from the area's major tourist destinations such as world-renowned beaches and the Daytona International Speedway, home of the famous Daytona 500 NASCAR race, an event larger than the Super Bowl. The Sunrise Inn provides an investor the opportunity to acquire a 99.9% occupied beachfront property with an attractive opportunity in an established market and popular tourist destination.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Daytona Beach Area Market Trends

    Listing Demographics for 1503 South Atlantic Avenue Daytona Beach, FL 32118

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population7,32458,400133,574
    Population Median Age504445
    Population by Age0-9 Yrs533 (7%)5996 (10%)11804 (8%)
    10-19 Yrs399 (5%)5490 (9%)12205 (9%)
    20-29 Yrs578 (7%)8021 (13%)18780 (14%)
    30-39 Yrs910 (12%)6618 (11%)13750 (10%)
    40-49 Yrs664 (9%)5463 (9%)13672 (10%)
    50-59 Yrs1292 (17%)8478 (14%)19796 (14%)
    60-69 Yrs1494 (20%)9093 (15%)20952 (15%)
    70+ Yrs1454 (19%)9242 (15%)22615 (16%)
    Median HH Income$45,000$34,650$37,176
    Total Household Income< 24K1129 (29%)9453 (35%)20412 (33%)
    25-49K963 (24%)7075 (26%)17434 (28%)
    50-74K765 (19%)4619 (17%)10504 (17%)
    75-99K481 (12%)2460 (9%)5744 (9%)
    100-199K296 (7%)2040 (7%)5255 (8%)
    200K+243 (6%)733 (2%)1456 (2%)
    Highest Education LevelNo Diploma533520511152
    Diploma or GED15051280831797
    Some College15461019823731
    Assoc. Degree597419210549
    Bachelors Degree1298676515154
    Higher Degree60237587977
    Total Housing Units6,22038,04082,281
    --Owner-Occupied1,88012,65132,131
    --Renter-Occupied1,99713,72928,675
    Owner-Occupied Values< 100K20030669556
    100-199K678434511516
    200-299K44828135881
    300-399K24512242193
    400-499K1245171277
    500K+1846861707
    Total Working Age Population6,60649,932115,691
    In Work Force3,31824,12659,457
    Not In Work Force3,28825,80656,234
    Workforce Employed3,14222,74955,781
    Workforce Unemployed1591,3543,633
    Civlian Workforce3,30124,10359,414
    Military Workforce172343
    Total Households3,87726,38060,805
    Family Households1,62812,23429,643
    Non-Family Households2,24914,14631,162
    Married Couple1,2437,22318,621
    Other Family3865,01111,022
    Married w/Child1851,4223,769
    Single Male w/Child325101,326
    Single Female w/Child961,8943,851

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Flagler County49,832+9295,696+18112,463+19134,359
    Volusia County443,343+12494,593+10544,093+9594,289

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1503 South Atlantic Avenue in Daytona Beach?
    The asking price for 1503 South Atlantic Avenue is $3,400,000
    What is the building size of this Specialty property in Daytona Beach, FL?
    The size of the building/unit at 1503 South Atlantic Avenue in Daytona Beach is 10,944 square feet
    How much land does the Daytona Beach, FL property at 1503 South Atlantic Avenue include?
    1503 South Atlantic Avenue in Daytona Beach includes 0.550 acres of land
    What kind of Specialty is the propery at 1503 South Atlantic Avenue?
    The property at 1503 South Atlantic Avenue Daytona Beach, FL 32118 is listed as a Hotel/Motel/Resort Specialty property
    What is the population within 1 mile of 1503 South Atlantic Avenue in Daytona Beach?
    The population within 1 mile of 1503 South Atlantic Avenue Daytona Beach, FL 32118 is 7,324 people.
    Who do I contact for questions about 1503 South Atlantic Avenue?
    You should contact the listing agent, David Greenburg, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Daytona Beach International Airport (DAB) 4
    Orlando Sanford International Airport (SFB) 33
    Orlando International Airport (MCO) 57