$1,299,000 - 828 Ridgewood Avenue, DAYTONA BEACH

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.