Listing Summary
Position your portfolio in one of Florida's most iconic coastal destination markets. Situated at 770 North Atlantic Avenue, this premium 1.02-acre oceanfront commercial site represents a fully approved, shovel-ready hotel development opportunity.
Full Description
770 N Atlantic Ave, Daytona Beach, FL 32118 — Volusia County (APN: 53051170110)
Executive Investment Summary
Position your portfolio in one of Florida's most iconic coastal destination markets. Situated at 770 North Atlantic Avenue, this premium 1.02-acre oceanfront commercial site represents a fully approved, shovel-ready hotel development opportunity. The site features a highly coveted, pre-approved franchise agreement with the prestigious Tapestry Collection by Hilton brand. Engineered to capitalize on the region’s robust year-round tourism and high-spending leisure segment, this project allows developers to bypass the typically exhaustive planning phases and break ground immediately in a notoriously high-barrier-to-entry coastal market.
Premium Site Footprint & Unrivaled Coastal Exposure
This elite land parcel offers true resort-scale potential, boasting 200 linear feet of direct beach frontage along the Atlantic Ocean, balanced by 200 linear feet of high-visibility frontage along North Atlantic Boulevard (State Road A1A). Zoned specifically as Planned Development-General (PD-G), the site has been meticulously designed for an striking 11-story hospitality tower. The architectural layout ensures an elite guest experience: the building's orientation guarantees that 100% of the 90 proposed guest rooms feature direct, unobstructed oceanfront views, maximizing average daily rates (ADR) and driving superior revenue per available room (RevPAR).
Turnkey Development Packaging & Approved Logistics
This acquisition is a completely turnkey development package. The purchase price includes the full assignment of the elite Hilton franchise to qualified investors/developers, alongside all fully approved engineering plans, architectural designs, construction blueprints, environmental reports, and active municipal permits. The professional development team spent over 4 years securing these extensive approvals, saving the incoming buyer years of carry costs, zoning hurdles, and soft-cost inflation. Full construction reports, survey data, and regulatory paperwork are fully organized and ready for immediate inspection during the due diligence period.
Desirable Resort Location & Premium Surrounding Amenities
The location combines the exclusivity of a beachfront resort with the high-traffic convenience of an urban vacation district. Guests will enjoy a highly walkable environment, situated just steps from Daytona Beach's top-tier dining, retail hotspots, and nightlife. The property sits within easy proximity to major regional drivers, including the Daytona Beach Boardwalk, the Ocean Center Convention Complex, and the legendary Daytona International Speedway. This exceptional mix of walkability, elite brand backing, and zero-delay construction readiness guarantees an investment positioned for exceptional cash-on-cash returns.
Asset & Project Specifications
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Brand Affiliation: Fully approved franchise for a 90-key Tapestry Collection by Hilton boutique resort.
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Building Profile: Approved 11-story architectural design maximizing vertical efficiency and ocean views.
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Direct Coastal Access: 200 feet of absolute beach frontage + 200 feet of high-exposure A1A street frontage.
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Site Dimensions: 1.020 pristine acres of oceanfront commercial land.
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Zoning Jurisdiction: PD-G (Planned Development - General), explicitly approved for hotel construction.
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Immediate Execution: 4+ years of professional planning completed; all plans, permits, and franchise rights transfer at closing.
Quick Glance
- Listing ID:
CL-Florida-27860
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
1 Acr