Oceanside Inn. Market Snapshot. August 2018 The Resort Oceanside Inn is a condo-hotel resort in Daytona Beach Shores. This 191-room condo-hotel was built in 1973 and completely remodeled in 2003-2004 after converting a hotel into a condo-hotel. This is a direct oceanfront property, 9-story high, with the elevators, small gym, outdoor inground pool, Tiki Bar, etc. Rentals are provided by Sunstream Hotels and Resorts, a Hospitality Management Company. Since May of 2017 after the recall of 2 Board Members and election of 2 new members, the Association changed the course trying to end years of wrong priorities. The membership is getting back to senses, and at the core of new policies is the benefit of the own ers of units.The MarketCurrently, there are 13 condo-hotel units for sale with pri... 08/17/2018

Oceanside Inn. Market Snapshot and some thoughtsI have written extensively about Oceanside Inn Condo-Hotel. I know this condo-hotel better than some others, as we have a unit here.Today I want to look at the market there. What is available, what are the prices, what to expect…AvailableThere are 10 condo-hotel units for sale in Oceanside Inn at this juncture. For a resort with 121 condos, it is a good number, just a notch higher than a healthy 7-8%.Starting price is $50K. And this is a pleasant surprise. It is quite an increase. I bet owners feel better.2 units are for sale in the $50s. 1 is in the $60s. 1 in the $70s. 2 in the $80s. 1 under $110K. And then up and up and the priciest is $154,900, but it is a penthouse level full 1-bedroom unit.Seasoned agents always look at actual sales,... 04/01/2018

How The Split Works? The question was about Oceanside Inn, a condo-hotel in Daytona Beach Shores. Being a condo-hotel means that Front Desk is renting the condos when owners are not there, and then splits rental income.   The answer is simple: 10% of top goes to Credit Card operations, and Travel Agents’ commissions. The balance is split 50/50. Which means that out of $100 rental income the owner gets $45%   - So, what income can I expect? - The correct answer is “I do not know”. - Is it really that you do not know? - Not really, but this is the right answer. - Why wouldn’t you say if you know?   Because if the Buyer purchases the unit in a condo-hotel relying on the income, which is derived from the activity of the third party (rental management company), then, according to attorneys, ... 08/13/2014

Oceanside Inn is a 191-unit condo-hotel in Daytona Beach Shores. It may not be the best condo-hotel in terms of occupancy or the amount of rentals – Ocean Walk and Plaza would beat Oceanside Inn, and, probably, Daytona Beach Resort & Conference Center might be the same or slightly ahead, but the reason I call it this way is because it has what a modest Daytona condo-hotel should have, and no fancy extras, which cost owners money, but hardly bring any income. The resort is clean, smells good, toilets in the lobby are nice and clean (and this is how my wife is getting her first impression of any property she goes to). They have one outdoor pool. No indoor pool, but outdoor pool is heated. Continental breakfast for guests in the morning... They have conference room enough to house small gr... 12/22/2013

Oceanside Inn is a premier 191-room condo-hotel in Daytona Beach Shores. There are 17 units for sale on MLS in Oceanside Inn as of today. From March to July 2013 only 2 units sold (in one we represented the Buyer). Same period of 2012 – 11 units sold. Is it unusual? For example, in 2011 there were 4 units sold in the same period. If you look at the number of condo-hotel units sold in the area in the same period in 2012 and 2013, you will see that 2012 is slower. However prices are higher than where they were in Oceanside Inn a year ago, and, especially, 2-3 years ago. Same is pretty much true for condo-hotel units in other resorts in the area.   Follow the link to read more  07/20/2013

Sunday was the last day of Biketoberfest, the smaller version of a bigger biker event, a ten-day bikers' marathon in March. Biketoberfest is a smaller event, only 4 days, at least this year, as the city is approached about extending it to 10-day event. Anyway, this year event draw bigger crowd than last year, giving hope of the return of busier times in the future. One weekend before Biketoberfest Daytona hosted the Wings and Waves Air Show, which was a huge success, and brought couple of hundred thousand spectators to the beach, so both events descending on the beachside Daytona made a positive affect on the Beachside Hotels. This October was a much busier month than last year. More events because of Wing and Waves Air Show, that comes to Daytona every other year now, and they were her... 10/24/2012

As of October 15, 2012, there are seven units in Oceanside Inn, a premier Daytona Beach Shores condo-hotel. Oceanside Inn's address is 1909 S Atlantic Ave., about a mile from the intersection with International Speedway Blvd. For a 191-room oceanfront resort it is a very small number. Really very small… Interestingly, in other condo-hotels the inventory is growing but this is not happening in Oceanside inn. Today Oceanside Inn may not be the cheapest condo-hotel, but it looks like it ofers the best value. Take, for example, unit 816. Direct oceanfront corner unit with 498 sf for only $59,900 is an excellent buy. Here is the list of all units for sale in Oceanside Inn. If you are looking for condo-hotel units in Oceanside Inn or any other Daytona condo-hotel or condo in Daytona Beach are... 10/15/2012