Angel Inn The Sand 1100 E 3rd Ave 4 Unit Apartment Building $3,500,000 ($875,000/Unit) 5.04% Cap Rate New Smyrna Beach, FL 32169

Seller Financing would be considered conditional to terms by Seller. Premier Oceanfront Short-Term Vacation Rental Property Angel Inn the Sand is a rare, direct oceanfront fourplex located on the Atlantic Ocean in highly desirable New Smyrna Beach. Spanning approximately 5,000 square feet, this fully operational short-term rental property features four nearly identical apartment-style units—each offering 2 bedrooms, 2 bathrooms, over 1,200 sq ft of interior space, and direct ocean views. Each
unit is well maintained, fully furnished, and equipped to operate as a turnkey rental. The property accommodates up to 24 guests in total and
has maintained high year-round occupancy over the last five years. Future bookings are secured through 2025, 2026 and 2027. Capital
Improvements Include: • Hurricane-impact doors and windows (2014) • Roof Replacement (2014) • Stucco enhancements and exterior paint
(2024) • Upper-level oceanfront deck upgrade & repairs (2022) • New soffits and gutter system (2024) • Updated furnishings, hotel-grade
linens, and operational supplies (on-going) Included in the sale are FDEP Permit & stamped engineering plans for a future rock revetment
seawall and deck rebuild, aligned with adjacent coastal properties. (Work eligible to begin post-turtle nesting season 2025.) Each unit includes a
fully stocked kitchen, BBQ, beach chairs, towels, and outdoor furniture. The sale includes all furnishings, operational equipment, and business
assets (some personal effects do not convey), along with 12+ years of rental history, proprietary marketing materials, and a branded website
that drives over half of the bookings directly. Angel Inn the Sand is recognized as a Superhost on Airbnb and a Premier Host on VRBO,
consistently earning near-perfect 5-star reviews across all platforms. Google and TripAdvisor also reflect the property's strong reputation. This is
a rare oceanfront fourplex in New Smyrna Beach, offering great income potential, operational ease, and long-term asset appreciation in one of
Florida’s most sought-after beach markets. Less than 1 mile from historic Flagler Avenue — shops, restaurants, and entertainment are steps
away! Owner is willing to work with new owner on a contract basis for a period of 1-year if desired to keep business as usual. Realtor owned.