Back
Active - Hotel/Motel for sale
828 RIDGEWOOD AVENUE, Daytona Beach, FL
Facts & features
Why you’ll love it
Rare opportunity to acquire the Indian Palm Motel, a well-established 14-unit motel offering an attractive approximately 15% cap rate, strong existing cash flow, and significant upside potential. This is a true income-producing asset where the right owner/operator may be able to increase revenue and profitability through improved management, marketing, pricing, and targeted property enhancements. Situated on approximately 0.56 acres along highly traveled Ridgewood Avenue/US-1 in Holly Hill, the property offers excellent visibility and accessibility, with 14 guest units, on-site office, coin-operated laundry, and 15 dedicated parking spaces. Located approximately 3 miles from Daytona Beach and 5 miles from Daytona International Speedway, the motel benefits from year-round tourism, major events, seasonal travel, local business activity, and the continued growth of the Daytona Beach market. The property has an established operating history and recurring demand, providing an investor with immediate cash flow and multiple opportunities to create additional value. A new owner who brings strong hospitality management and a proactive operating strategy could potentially push NOI and returns well beyond the current performance. Strong yield, established income, prime location, and substantial value-add potential make the Indian Palm Motel an exceptional opportunity for an investor seeking a high-performing hospitality asset with room to grow.
Listings courtesy of JUPITER PROPERTIES, INC as distributed by MLS GRID.
Listed by: Sulamita Del Valle • info@sullydelvalle.com • JUPITER PROPERTIES, INC
Co-listed by: Fredy Carabali • JUPITER PROPERTIES, INC
Source: Stellar MLS as distributed by MLS GRID, MLS#: O6443334
Based on info available as of Nov 13, 2026 at 12:33 PM EST.
Come see by yourself
Affordability
$6,615/mo
- Mortgage$6,063
- Property tax$552
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$23,980 Credit back
Start an offerDiscover the neighborhood
Travel times
About Toll & Williams Lt 01 Blk M & C Holly Hill
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Make a winning offer, and get up to
$23,980 Credit back
