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
Overview
Description
Listing Details MLS# 1124381
General Property Information
- Number Of Units Total
- 12
- Building Area Total
- 7805
- Year Built
- 1954
- Lot Size Acres
- 0.27
- Lot Size Dimensions
- 109x109
- 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.
- List Price/SqFt
- 179.24
- Sold Price/SqFt
- 128.12
Property Features
Business Type:
Hotel/Motel; Other
Sale Includes:
Building & Land
Contract Information
- 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
Income and Expenses
- Gross Income
- 206000
- Net Operating Income
- 156527
More Information
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
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
Business Type
- Hotel/Motel
- Yes
- Other
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
EXP Realty LLC
Last Updated: February - 03 - 2026
Information deemed reliable but not guaranteed.