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Ocean Eleven Suites 1708 S Atlantic Ave 11 Room Hotel New Smyrna Beach, FL 32169 $3,900,000 ($354,545/Room)



Investment Highlights
- Renovated Motel
- Beachside
- Strong Market Tourism
Property Facts
| Price | $3,900,000 | Lot Size | 0.17 AC |
| Price Per Room | $354,545 | Building Size | 7,392 SF |
| Sale Type | Investment | No. Rooms | 11 |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1979 |
| Property Subtype | Hotel | Parking Ratio | 3.52/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | B-4(4) - COM - Intended for business and commercial development | ||
| Price | $3,900,000 |
| Price Per Room | $354,545 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,392 SF |
| No. Rooms | 11 |
| No. Stories | 1 |
| Year Built | 1979 |
| Parking Ratio | 3.52/1,000 SF |
| Corridor | Exterior |
| Zoning | B-4(4) - COM - Intended for business and commercial development |
Amenities
- Pool
- Beach (direct access)
- Boutique/Lifestyle Hotel
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
About 1708 S ATLANTIC AVE , NEW SMYRNA BEACH, FL 32169
Positioned in one of Florida’s fastest-growing coastal markets, this newly renovated beachside motel presents a rareopportunity to invest ahead of New Smyrna Beach’s next wave of growth. With eleven guest suites, pool, patio, andlaundry, this motel is a turnkey investment opportunity. The current owners have done the hard work of renovating, soyou have the chance to turn this into an income producing investment. Over the last five years, New Smyrna Beachhas experienced nearly 10% population growth, with continued expansion projected as the transformative Deering Parkdevelopment moves forward—bringing thousands of new residential units, millions of square feet of commercial andindustrial development, and substantial new employment opportunities to the area. Already recognized as one ofFlorida’s premier beach destinations, the New Smyrna Beach Area Visitors Bureau reported over 813,000 visitors in2025 alone, further reinforcing the area’s strong tourism-driven economy. Average summer weekends bring anestimated 20,000–40,000+ additional visitors to the area, while major holiday weekends can exceed 50,000–80,000+visitors throughout New Smyrna Beach and surrounding coastal communities. As buyers and investors continueseeking alternatives to established luxury coastal markets such as Ponte Vedra Beach, St. Augustine, Amelia Island,Singer Island, Key Biscayne, and Delray Beach, New Smyrna Beach is increasingly positioned for similar long-termappreciation and demand. With limited hotel inventory, expanding infrastructure, strong tourism, incoming jobs, and arapidly growing market, opportunities to acquire renovated hospitality assets in this location are becoming increasinglylimited.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 11 | $139.00 | - |
Property Taxes
| Parcel Number | 7415-04-39-0040 | Improvements Assessment | $558,856 |
| Land Assessment | $364,219 | Total Assessment | $923,075 |
Property Taxes
Contact the Sale Advisor
Ocean Eleven Suites | 1708 S Atlantic Ave

