SOLD: The Club at Pelican Bay
Daytona Beach, FL


Price: $3,950,000

Down Payment:
Year Built: 1979 (North Course) & 1983 (South Course)
Total Acreage: 358 MOL

Property Overview

Holes: 36
Yardage: 7,100
Type: Semi-Private
Par: 72
Rating: 148.0
Slope: 74
Property Vital Data

- North Course - 18 Holes Designed by Bill Amick
- South Course - 18 Holes Designed by Lloyd Clifton
- $1.6 MILLION Clubhouse & Building
Renovation Completed in October 2013
- Multiple Banquet Areas with Capacity up to 700 Guests
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Investment Highlights

- Positive Cash Flow DAY ONE - T-12 CAP Rate of 9.09% from $358,932 of NOI/EBITDA
- Located Within Tourist Destination of Daytona Beach
- Easy Access from Major Highways
- 2 Miles from Daytona International Speedway
-5 Miles from Beach
- RPUD Zoning - Residential Development



 
 
 

 

 
 
Please visit our Listings Page to get an overview of our portfolio of Leisure Investment Properties for Sale in the United States. In addition to the properties for sale on our site, we have additional resources to find investment properties for sale anywhere in the United States.
 
     
 
 
     
   
   
 
 
   
   
 
 
 

 

 

 
 
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EXCLUSIVELY LISTED BY:

Matthew Putnam
Investment Advisor
Marcus & Millichap
813-387-4847
MPutnam@marcusmillichap.com

Steven M. Ekovich
Vice President & Managing Partner, National Golf & Resort Properties Group
Marcus & Millichap
813-387-4791