1503 S Atlantic Ave, Daytona Beach

1503 S Atlantic Ave is a 28,654 sq ft Hotel or motel in Daytona Beach. It was built in 1958. In 2014 similar properties sold for between $442,704 and $1,406,911. We estimate the income value of 1503 S Atlantic Ave at $5,896,744. The assumptions we used to calculate this value are include in the spreadsheet linked below. Daytona Beach is in Volusia County County, Florida.

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1503 S Atlantic Ave Property Summary

1503 S Atlantic Ave
Daytona Beach
FL 32118

Property Size:28,654 sq ft
Year Built:1958
Property Class:C2
Lat, Long: 29.209, -80.999

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

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Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

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Estimated Value: 1503 S Atlantic Ave

Market Data

In 2014 class A hotel or motel properties in Daytona Beach sold for $89.33 to 117.84 per sq ft with a median price per sq ft of $105.55. Class B properties sold for $49.11 to 89.32 per sq ft with a median of $56.57 and class C properties sold for $15.45 to 49.10 per sq ft with a median of $48.63.

Market Valuation

1503 S Atlantic Ave appears to be a C Class property. Suggested value: $1,393,444

Value1,406,911 1,393,444 442,704

Income Valuation - Triple Net Lease

Visulate estimates the income value of this property is $5,896,744. Details of how we produced this estimate value appear below:

The following table shows a income valuation estimate for 1503 S Atlantic Ave. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Net lease values for maintenance, property tax, utilities and insurance shown below are calculated as a percentage of the full amount based on the vacancy percentage.

Monthly Rent64,854
Annual Rent per Sq Ft27.16
Gross Annual Rent778,243
Vacancies and Bad Debt23%
Vacancies and Bad Debt Amount175,105
HOA, Utilities and CAM0
Property Taxes2,511
Management Fees60,314
Cap Rate9
Estimated Value5,896,744
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Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

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Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $48,648. The bottom 10% of the population earn less than $14,553 per year. The top 10% earn more than $130,517 per year. The top 1% earn more than $463,732 per year. Most renters earn between $23,592 (20th percentile) and $36,996 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $97,296 and $121,620.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $835. Most renters earn between $1,966 and $3,083 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $605 (20th percentile) to $1,097 (80th percentile) range. The residential vacancy rate is 5%.


  1. 1503 S Atlantic Ave, Daytona Beach, FL on Google Maps
  2. 1503 S Atlantic Ave Walkscore
  3. Daytona Beach, FL Property Values on Trulia
  4. Search for EPA and DEP Cleanup Sites

Owner Details

Companies at this Address

  1. Principal Address for Deepa Investment, Inc.
  2. Mailing Address for Deepa Investment, Inc.

Companies near this Address

  1. In The Shadows LLC (1500 S Atlantic Ave)
  2. De Nure Tours, Inc. (1515 South Atlantic Ave)
  3. Deepa Investment, Inc. (1503 S Atlantic Ave)
  4. Barrellicious, LLC (1508 S Atlantic)
  5. Cuban Crafters Cigars Daytona LLC (1508 S Atlantic Ave)
  6. Hc Cigars Daytona LLC (1508 S Atlantic Ave)

Sales History

DateSold BySold ToDeed TypePrice
11/15/1980 Not Recorded Not Recorded Warranty Deed/Special Warranty Deed 486,100.00
06/15/1993 Not Recorded Buyer: 1049186 Warranty Deed/Special Warranty Deed 480,000.00
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.