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26836659
26836660

828 Ridgewood Ave, Daytona Beach, FL 32117

HB
FL BK3290647
Province International
Listed by Province International
$1,299,000
296 days on market
Updated 160 days ago

The Indian Palm Motel

Details
Property Type Hospitality
Sub Type Motel
Square Footage 3,900
Occupancy 100%
Broker Co-Op Yes
Year Built 1946
Acreage 0.480
Parking Spaces 16 spaces
Parking Per SqFt 4.10
Investment Type Owner/User

Hospitality

Marketing description

Fantastic investment opportunity on Ridgewood Avenue in Holly Hill/Daytona Beach! The Indian Palm Motel is a well-established hospitality property featuring 14 income-producing units, an on-site office, coin-operated laundry facilities, and 16 dedicated parking spaces on a 0.56-acre parcel. With excellent frontage and visibility along busy US-1, this motel enjoys an impressive year-round occupancy rate, making it a strong and reliable cash-flowing asset. The location is a standout feature: just 5 miles from the world-famous Daytona International Speedway and less than 3 miles from the Daytona Beach shoreline. Ridgewood Avenue/US-1 is one of Volusia County’s busiest commercial corridors, ensuring high traffic counts, strong visibility, and easy access for guests. For investors, the site offers not only a proven operating business but also future upside. The 0.56-acre lot provides potential for improvements, repositioning, or even redevelopment to maximize returns in a thriving market that continues to grow with tourism, residential, and commercial development.

Listing Contacts

HB
FL BK3290647
Province International
Listed by Province International

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Additional Information

Name
Hafid Boujidi
License
BK3290647
Brokerage Phone
407-729-3894
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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