342 S Atlantic Avenue, Ormond Beach, FL 32176
$1,000,000
Property Type:
Commercial Sale
Square Footage:
7,805
Lot Size (sq. ft.):
11,761
Status:
Closed
Current Price:
$1,000,000
List Date:
6/01/2024
Last Modified:
2/03/2026
Description
ORMOND BEACH TURNKEY MOTEL. THE A1A TRAVEL INN CONSISTS OF 12 EFFICIENCY MOTEL ROOMS, A LAUNDRY ROOM AND A 2 BEDROOM 1 BATHROOM OWNERS SUITE. THIS IS THE FIRST MOTEL ON THE WEST SIDE OF A1A FROM GRANADA. PROPERTY IS WELL KEPT AND IS OPERATIONAL. GREAT LOCATION ACROSS THE STREET FROM THE BEACH. PLENTY OF PARKING. DONT PASS ON THIS AWESOME INVESTMENT OPPORTUNITY.
More Information MLS# 1124381
General Property Information
Lot Size Acres: 0.27
Number Of Units Total: 12
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: FROM GRANADA HEAD SOUTH ONTO A1A. FIRST MOTEL ON THE WEST SIDE.
Public Remarks: ORMOND BEACH TURNKEY MOTEL. THE A1A TRAVEL INN CONSISTS OF 12 EFFICIENCY MOTEL ROOMS, A LAUNDRY ROOM AND A 2 BEDROOM 1 BATHROOM OWNERS SUITE. THIS IS THE FIRST MOTEL ON THE WEST SIDE OF A1A FROM GRANADA. PROPERTY IS WELL KEPT AND IS OPERATIONAL. GREAT LOCATION ACROSS THE STREET FROM THE BEACH. PLENTY OF PARKING. DONT PASS ON THIS AWESOME INVESTMENT OPPORTUNITY.
Building Area Total: 7805
Lot Size Dimensions: 109x109
List Price/SqFt: 179.24
Sold Price/SqFt: 128.12
Year Built: 1954
Location, Tax, and Legal
Country: US
Parcel Number: 4223-01-04-0170
Tax Annual Amount: 5344
Tax Year: 2023
Tax Legal Description: LOTS 17 & 18 BLK 4 ARLINGTON PK ORMOND BCH EXC ST MB 6 PG 133 PER OR 4613 PG 1637 PER OR 7088 PGS 1983-1984
Currently Not Used
Year Built: 1954
Income and Expenses
Gross Income: 206000
Net Operating Income: 156527
Business Type
Hotel/Motel: 1
Other: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: # Parking: 15; Income/Operating Inc: NOI: 156527; SqFt - Total: 8984.00; Confidential Listing: N; Commercial Property Name: A1A TRAVEL INN; Franchise Opt In: No
Contract Information
Current Price: $1,000,000
Sold Price: $1,000,000
Status: Closed
Listing Contract Date: 2024-05-29
Property Sub Type: Business
Location Tax and Legal
Street Number: 342
Street Direction Prefix: S
Street Name: Atlantic
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32176
MLS Area Major: 16 - Ormond Beach Peninsula S of 40
Status Change Information
Major Change Timestamp: 2024-07-03T00:47:11Z
Major Change Type: Status Change
Purchase Contract Date: 2024-05-31
Close Date: 2024-06-28
Close Price: 1000000
Property Features
Business Type: Hotel/Motel; Other
Sale Includes: Building & Land
Listing Office:
EXP Realty LLC
Last Updated: February - 03 - 2026
Information deemed reliable but not guaranteed.