Ocean Eleven Suites 1708 S Atlantic Ave 11 Room Hotel New Smyrna Beach, FL 32169 $5,527,080 CAD ($502,462 CAD/Room)

Positioned in one of Florida’s fastest-growing coastal markets, this newly renovated beachside motel presents a rare opportunity to invest ahead of New Smyrna Beach’s next wave of growth. With eleven guest suites, pool, patio, and laundry, this motel is a turnkey investment opportunity. The current owners have done the hard work of renovating, so you have the chance to turn this into an income producing investment. Over the last five years, New Smyrna Beach has experienced nearly 10% population growth, with continued expansion projected as the transformative Deering Park development moves forward—bringing thousands of new residential units, millions of square feet of commercial and industrial development, and substantial new employment opportunities to the area. Already recognized as one of Florida’s premier beach destinations, the New Smyrna Beach Area Visitors Bureau reported over 813,000 visitors in 2025 alone, further reinforcing the area’s strong tourism-driven economy. Average summer weekends bring an estimated 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 continue seeking 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-term appreciation and demand. With limited hotel inventory, expanding infrastructure, strong tourism, incoming jobs, and a rapidly growing market, opportunities to acquire renovated hospitality assets in this location are becoming increasingly limited.