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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.
| DAYS ON MARKET | 34 | LAST UPDATED | 9/21/2026 |
|---|---|---|---|
| TRACT | TOLL & WILLIAMS LT 01 BLK M & C HOLLY HILL | YEAR BUILT | 1946 |
| COMMUNITY | 32117 - Daytona Beach | COUNTY | Volusia |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32117 - Daytona Beach |
| CONSTRUCTION | Block |
| LOT | 0.56 acre(s) |
| LOT DIMENSIONS | 90x272 |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | TOLL & WILLIAMS LT 01 BLK M & C HOLLY HILL |
| TAXES | 6621.01 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Sulamita Del Valle, JUPITER PROPERTIES, INC, 386-547-6161
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 10/24/26 7:00 PM PDT.
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