Premier Oceanfront Redevelopment & Airbnb/Condotel Opportunity This four-story, 110-unit oceanfront property offers a prime redevelopment opportunity in a high-demand beachfront market. Situated on 1.95 acres of direct oceanfront land, this asset is ideally positioned for short-term rentals, long-term leases, or a condotel conversion, allowing investors to maximize returns through various revenue-generating models. Rehab & Revenue Opportunities ? Airbnb & Short-Term Rentals: Convert the property into a high-yield, fully managed Airbnb destination, catering to the increasing demand for vacation rentals and extended stays. ? Condotel Conversion & Unit Sales: Sell individual units as condo residences, allowing owners to live in or rent out their units, providing a lucrative mix of one-time sales revenue and ongoing management fees. ? Long-Term Rentals: Transition into premium oceanfront rental apartments, offering stable cash flow in a market with strong rental demand and limited beachfront housing inventory. ? Luxury Boutique Resort: Reposition the property as a modern boutique resort, capturing the area's strong tourism-driven demand and high occupancy rates. Key Investment Highlights Prime Beachfront Location: 1.95 AC direct oceanfront property with private beach access. 110 Units | Convertible to Condotel or Multi-Family Rentals Zoning: T-1 – Flexible for short-term, long-term, or hybrid rental models. Ideal for Investors, Developers & Hospitality Operators 57,875 SF of Redevelopment Potential | Interior Corridor Layout On-Site Amenities – Pool, patio, business center, and high-speed internet. Daytona Beach International Airport – Just 22 Minutes Away Market-Driven Opportunity Short-Term Rental Growth: Daytona Beach’s tourism market is experiencing steady annual growth, making it a top-tier Airbnb destination. Condotel Demand: Investors and second-home buyers are seeking affordable oceanfront properties with rental potential. Stable Long-Term Rental Market: Florida’s rising population and coastal lifestyle appeal make this property ideal for high-end lease units. This is a rare chance to acquire and transform an oceanfront asset into a high-performing Airbnb resort, condotel, or long-term rental community. Whether you're looking to sell units individually, operate short-term rentals, or lease long-term apartments, this property offers multiple exit strategies for maximum ROI. Don't miss out on this once-in-a-lifetime coastal investment opportunity! Investment Highlights Investment Highlights – Oceanfront Redevelopment Opportunity Prime Location & High-Value Real Estate ? 1.95 Acres of Direct Oceanfront Land – Unmatched beachfront access in a high-tourism destination. ? 110-Unit, Four-Story Building – Existing structure allows for cost-effective redevelopment. ? Zoning: T-1 – Flexible use for short-term rentals, long-term leases, or condo conversions. ? Strategic Market Positioning – Located in a high-demand coastal area with a steady influx of tourists, seasonal renters, and long-term residents. Multiple Revenue-Generating Opportunities ? Airbnb & Short-Term Rentals – Capitalize on the booming vacation rental market with a high ADR potential. ? Condotel Conversion & Unit Sales – Sell individual units to investors or second-home buyers while offering rental management services for ongoing income. ? Long-Term Rentals & Multi-Family Use – Transition into luxury beachfront apartments to generate stable, passive income in a strong rental market. ? Boutique Resort or Branded Hospitality – Rebrand and revitalize the property into a modern beachfront resort, catering to both leisure and business travelers. Strong Market Fundamentals ? Growing Hospitality & STR Demand – +5.6% YOY demand growth for occupied rooms in the area. ? Resilient Occupancy & RevPAR – Stable performance even during market fluctuations, showing strong tourism-driven resilience. ? Limited Oceanfront Supply – High barriers to entry for new developments make this an exclusive investment opportunity. Rehab & Value-Add Potential ? Existing Infrastructure Reduces Development Costs – Renovation-focused investment versus full-scale development. ? Interior Corridors & Balcony Units – Premium features that enhance guest experience and resale value. ? Existing Pool, Business Center, & Public WiFi – Core amenities in place for value-add repositioning. Proximity & Accessibility ? Daytona Beach International Airport – 22 min (10.5 mi) – Easy access for domestic and international travelers. ? Walking Distance to Attractions & Public Transportation – High convenience for guests and residents. Exit Strategy & ROI Potential ? Flexible Investment Strategies – Operate as an Airbnb hotel, long-term rental community, or condo sales venture. ? Scalable Returns – Multiple streams of recurring revenue and a strong resale market for individual condo units. ? High Market Valuation – Recent area sales transactions validate long-term appreciation potential. **This is a rare opportunity to acquire and transform a prime beachfront asset into a high-yield investment with multiple exit strategies. Whether you’re seeking cash flow from short-term rentals, long-term tenant stability, or resale upside through condo conversions, this property offers the perfect blend of flexibility and profitability.