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.
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.
Property Details
Price:
$1,199,000
MLS #:
O6443334
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Hotel/Motel
Subdivision:
TOLL & WILLIAMS LT 01 BLK M & C HOLLY HILL
Neighborhood:
32117daytonabeach
Listed Date:
Sep 21, 2026
Finished Sq Ft:
3,800
Total Sq Ft:
3,950
Lot Size:
24,480 sqft / 0.56 acres (approx)
Year Built:
1946
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Exterior
Construction Materials
Block
Direction Faces
East
Financial
Tax Year
2025
Taxes
$6,621
Map
Community
- Address828 RIDGEWOOD AVENUE HOLLY HILL FL
- SubdivisionTOLL & WILLIAMS LT 01 BLK M & C HOLLY HILL
- CityHOLLY HILL
- CountyVolusia
- Zip Code32117
Subdivisions in HOLLY HILL
- 3POWERS SUB MB
- AVONDALE PARK
- CHARTER OAKS TWNHMS
- CHEROKEE PARK ADD 01
- CHEROKEE PARK ADD 02
- CLIFTON PARK
- CLIFTON PARK 02
- DAKOTA PARK HOLLY HILL
- FLOMICH GARDEN SEC/HOLLY HILL HEIGHTS
- GLENMEADOWS
- HOLLY BUS CENTER CONDO PH 01 UNIT A
- HOLLY FOREST ESTATES
- HOLLY MANOR
- HOLLY SQUARE CONDO
- HOME ACRES UNIT 1
- MAPLELEAF GARDENS CONDO MOTEL
- MARINA GRANDE HALIFAX 01
- MARINA GRANDE ON HALIFAX
- MARINA GRANDE ON THE HALIFAX
- MARINA GRANDE/HALIFAX 01
- MASON & CARSWELLS HOLLY HILL
- MCBRIDE HERNANDEZ GRANT
- NOT IN SUBDIVISION
- PINE CREST ADD HOLLY HILL
- ROSS HOMESTEAD
- SHERVILLE PARK
- SHERVILLE PARK 02
- SHORE ACRES
- TOLL & WILLIAMS LT 01 BLK M & C HOLLY HILL
- VINEYARDS TWNHMS
- WESTWARD PARK
- WESTWOOD HEIGHTS
Market Summary
Current real estate data for Commercial in HOLLY HILL as of Oct 08, 2026
3
Commercial Listed
135
Avg DOM
210
Avg $ / SqFt
$506,000
Avg List Price
Property Summary
- Located in the TOLL & WILLIAMS LT 01 BLK M & C HOLLY HILL subdivision, 828 RIDGEWOOD AVENUE HOLLY HILL FL is a Commercial for sale in HOLLY HILL, FL, 32117. It is listed for $1,199,000 To schedule a showing of MLS#o6443334 at 828 RIDGEWOOD AVENUE in HOLLY HILL, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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Courtesy of JUPITER PROPERTIES, INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 828 RIDGEWOOD AVENUE
HOLLY HILL, FL
