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828 RIDGEWOOD AVENUE

Commercial For Sale
$1,299,000

BTC: 43.30000000

ETH: 649.50000000

99 days
0 room(s)
3,800 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Fantastic investment opportunity on Ridgewood Avenue in Holly Hill/Daytona Beach! The In dian Palm Motel is a well-established hospitality property featuring 14 income-producing units, an on-site office, coin-operated laundry facilities for guests, 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. Originally built in 1946, the property has operated successfully for decades and continues to benefit from steady demand from both local and tourist markets. Its convenient layout, manageable size, and built-in amenities provide an easy-to-operate business model that appeals to both seasoned hospitality operators and first-time investors seeking an accessible entry point into the motel business. 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, this property attracts year-round visitors, seasonal travelers, and event-driven demand. 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. Whether you are seeking a stable income-generating hospitality property or a site with long-term development potential, the In dian Palm Motel presents a unique opportunity in one of Florida’s most active coastal markets.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1946
Lot:
0.56 Acres
Heating:
No Data
Price/sqft:
$342
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Cooling

    • Wall/Window Unit(s)

  • Lot

    • Lot: 0.56 Acres

    Other Property Information

    • Parcel Number: 533741010040

    • Zoning: 09B4

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Other financial information

    • Annual tax amount: $6,112

  • Source details

    • MLS ID: O6338499

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Direction Faces: East

    • Living Area: 3800

    • Lot Size Dimensions: 90 x 272

    • Subdivision Name: TOLL & WILLIAMS LT 01 BLK M & C HOLLY HILL

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: INTERMIX REAL ESTATE INC