Daytona Beach, FL 32114,222 MADISON AVE
Daytona Beach, FL 32114,222 MADISON AVE
Daytona Beach, FL 32114,222 MADISON AVE
Daytona Beach, FL 32114,222 MADISON AVE
Daytona Beach, FL 32114,222 MADISON AVE
Daytona Beach, FL 32114,222 MADISON AVE
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$ 850,000
Est. payment | /mo

6,741 SqFt


$ 850,000
Est. payment | /mo

6,741 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 6,741 sqft

Price per Sqft $126

Subdivision Kingston

MLS Listing ID O6370452

Construction Status Fixer

HOA Y/N No

Year Built 1950

Annual Tax Amount $3,243

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Hotel/Motel

Source Stellar MLS

Property Description

Great investment opportunity with BR-1 zoning. Property was previously licensed for short-term rental / hotel / motel use and offers flexible redevelopment potential. Highest and best use may include rooming house, PadSplit, or hostel-style rental, subject to buyer verification and permitting.

Property has been operated as a by-the-room rental, with utilities typically included. The existing layout previously supported a high room count, and the structure offers potential for reconfiguration and expansion of rentable rooms with redesign and approvals.

Buyer to verify zoning, licensing, permitted use, occupancy limits, and redevelopment potential.

Location

State FL

County Volusia

Community Kingston

Area 32114 - Daytona Beach

Zoning BR1

Interior

Cooling Wall/Window Unit(s)

Exterior

Parking Features Parking Spaces - 6 to 12

Roof Type Shingle

Building

Story 2

Entry Level Two

Foundation Crawlspace, Slab

Lot Size Range 1/4 to less than 1/2

Structure Type Concrete,Vinyl Siding,Wood Siding

New Construction false

Construction Status Fixer

Others

Ownership Partnership

Acceptable Financing Cash, Owner Financing, Private Financing Available, Special Funding

Listing Terms Cash, Owner Financing, Private Financing Available, Special Funding

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6370452

Stellar MLS
Listed by Anemone Bennett LPT REALTY, LLC
Leona Newell

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222 MADISON AVE