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31423044
31423043

90 Professional Blvd, Daytona Beach, FL 32114 For Sale

JB
FL 3595581
The Agency
Listed by The Agency
$14,000,000
237 days on market
Updated 4 days ago

Newly Rebranded Marriott Hotel for Sale in Daytona

Details
APN 27 15 32 09 00 0020
Property Type Hospitality, Land (+1)
Sub Type Hotel, Commercial (+1)
Square Footage 50,500
Keys 76
Beds 114
Cap Rate 10.8%
NOI $1,511,955
Occupancy 64%
Brand/Tenant Marriott Hotels
Pro-Forma Cap Rate 14.13%
Pro-Forma NOI $1,978,235
Price per SqFt $277
Broker Co-Op Yes
Class B
Year Built 2004
Year Renovated 2026
Buildings 1
Stories 3
Acreage 5.000
Zoning Commercial
Parking Spaces 90 spaces
Parking per 1,000 SqFt 1.78
Investment Type Value Add
Ground Lease No

Opening Soon!!!

Marketing description

A Fully Renovated Marriott Hotel Set to Be Daytona’s Next Big Thing

Welcome to one of the most compelling hospitality investment opportunities in Florida. Positioned in the heart of the action, just steps from the world-famous Daytona International Speedway and minutes from the Atlantic coastline, this fully renovated Marriott hotel is poised to be the next big thing to hit Daytona this May.

Offered at $14,000,000, this 76-key hospitality asset is being reintroduced to the market under the Marriott City Express flag, complete with a 20-year Marriott license, extensive renovations, and all FF&E included in the sale. The property offers a true turnkey investment opportunity in one of Florida’s most dynamic, event-driven tourism corridors.

Set on nearly 5 acres of irreplaceable land, with direct access to I-95 and exceptional visibility near International Speedway Boulevard, this asset is strategically positioned to capture year-round demand driven by major motorsports events, leisure travel, conferences, collegiate tourism, spring break, and airport-related traffic.

With its May reopening approaching, momentum is building, and we are currently entertaining offers from qualified buyers looking to secure a premier hospitality investment before launch.

Investment Highlights

• Offered at $14,000,000

• Fully renovated Marriott, reopening this May

76 keys on nearly 5 acres of owned land

20-year Marriott license in place

• All FF&E included in the sale

• Prime location adjacent to Daytona International Speedway

• Minutes from Daytona Beach International Airport

• Excellent visibility and access from I-95

• Strong year-round, event-driven demand profile

• Additional upside through future land development potential

This is more than a hotel acquisition, it is an opportunity to own a newly repositioned Marriott asset in one of Florida’s most recognizable and high-demand hospitality markets.

Now entertaining offers ahead of the highly anticipated July reopening.

Investment highlights

Offered at $14,000,000, or approximately $184,000 per key, this fully renovated Marriott Hotel represents a compelling basis within Florida’s select-service hospitality market, especially as it prepares to reopen in late May 2026 under the globally recognized Marriott International flag.

Comparable new Marriott developments in similar markets often exceed $250,000 to $300,000 per key when factoring in land acquisition, construction, soft costs, and brand requirements, positioning this asset well below replacement cost with immediate upside.

What sets this opportunity apart is the rare combination of near-term reopening, long-term Marriott branding, and a nearly 5-acre land holding adjacent to Daytona International Speedway. This creates a premium investment profile for buyers seeking strong in-place yield, brand-backed stability, and long-term appreciation in one of Florida’s most event-driven hospitality corridors.

Investment Highlights

• Fully renovated Marriott City Express | Reopening late May 2026

A comprehensive modernization of guestrooms, common areas, FF&E, and operating systems, delivering a true turnkey Marriott-branded asset at launch.

• $14M asking price | ~ $184K per key

Strategically priced below replacement cost, offering immediate value relative to comparable Marriott developments.

• 20-year Marriott license secured

Long-term brand affiliation with Marriott International, supporting consistent demand and premium ADR potential.

• 76 keys on nearly 5 acres of owned land

A rare, scalable land position with intrinsic value and future development upside.

• Premier location adjacent to Daytona International Speedway

Direct access to nationally recognized events, tourism drivers, and year-round demand.

• Minutes from Daytona Beach International Airport and Atlantic beaches

Highly accessible for leisure, corporate, and group travel segments.

• Direct visibility from I-95 and International Speedway Boulevard

Prime frontage along one of the region’s highest-traffic corridors.

• Turnkey delivery with all FF&E included

No deferred capital, no renovation risk, immediate operational capability upon reopening.

• Resort-style guest amenities

Outdoor pool, fitness center, business center, guest laundry, and an upgraded lobby experience designed to elevate guest satisfaction and ADR.

• Projected ~10% cap rate potential

Attractive yield profile supported by rebranding, location, and operational upside.

• Strong, event-driven demand profile

Driven by the Daytona 500, Bike Week, Spring Break, conventions, and year-round tourism.

• Now accepting offers ahead of reopening

A timely opportunity to acquire a fully repositioned Marriott asset before stabilization and ramp-up.

Listing Contacts

JB
FL 3595581
The Agency
Listed by The Agency

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$1,511,955.00
$125,996.25/mo

Valuation Metrics

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DSCR
10.8%
Cap Rate
10.8%
ROI

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Additional Information

Name
Jamie Bederak
License
3595581
Brokerage
SERHANT. Commercial
Brokerage Phone
561-203-2762
Title
Commercial Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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