Daytona’s Nautilus Inn bought to builders of area’s Tricky Rock Lodge

DAYTONA Beach — The Nautilus Inn, a 99-place hotel that has been a relatives-owned beachside fixture for many years, has been sold for $8 million to a company with a confirmed observe record that involves the improvement of Daytona’s Really hard Rock Lodge.

The Nautilus Inn has been bought by Asante Asset Administration LLC, the new title for the business beforehand regarded as Summit Hospitality Management Group. In addition to the Challenging Rock, one particular of the beachside’s marquee resorts, the roster of inns produced by the enterprise involves the Delta By Marriott in Daytona Seaside Shores.

“We appreciate Daytona Beach front,” said Asante owner Abbas Abdulhussein. “We’ve been right here now, it is difficult to believe, due to the fact 2007.”

The enterprise paid out $8 million for the hotel at 1515 S. Atlantic Ave. and its ¾-acre parking whole lot across the avenue, according the Volusia County Home Appraisers office environment.