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Daytona Beach Shores, FL Real Estate News

By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
Oceanside Inn is undergoing major renovation – replacement of the garage on the north side of the resort. The concrete structure is already in place, but there is still some work and it is highly unlikely it would be finished by the end of the year.I heard that it is expected to become operational by February, which is a key month for the tourist industry because of the series of races ending with Daytona 500.13 units for sale starting from $29,900. 2 next priced units are under 40K, and then up.Of course, whenever there is work done on the property, the prices are low, so seeing these crazy prices is sort of expected to a point.However, sales are fewer than in comparable condo-hotels in the area, and it is partially because of the restrictions for the owners to use their own units, cau...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
There was a time at Oceanside Inn, when they had quite a few owners defaulting on their payments, and the Association was in dire need of money to stay afloat.I remember that we contacted those in default, offered to do short sales for them and sold quite a few units bringing new owners, who started paying Association dues, which helped the Association to go through this difficult time.We have the same Board now. But then they were new directors, eager to make the resort better, to preserve and increase the values… Somehow it is very different now.Somehow the Board turned hostile to the owners. They had some issues with people renting on their own, and people living there. But instead of dealing with these situations, they decided to make sweeping changes… and the baby was swept away wi...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
I am dealing with condo-hotels for well over a decade and keep being surprised how things sometimes change.I was talking to the owner of unit in Fountain Beach Resort a few days ago. He was thinking about buying another unit in some other resort, and we were discussing his options. He mentioned a one-bedroom unit, and I told him that, probably, the there was a terrific condo, the best 1-bedroom unit in any condo-hotel on the market, especially at this price, and he seemed interested and asked me where it was. I told him it was in Oceanside Inn… He became very hesitant and said he heard bad things about Oceanside Inn.Surprised, I asked him what was it about. Was it about the building, the condition, the location, The Board?- The Board…This was stunning. Just a few years ago Oceanside Inn...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
There was no Board meeting in Oceanside Inn in 2015 until a meeting in October. We are supposed to, but the one before was the annual meeting in December 2014.There was a concern that yet another Special Assessment was looming, and the speculation/expectation that the Board was waiting for some definite numbers, which would be announced at the October meeting.Turned out this was not the case. The Board mentioned another assessment in the future to deal with glass wall, but this was something we all know about.There is an ongoing major concrete rehab project under way – the garage. The Board invited the Engineer and the GC to the meeting. This is already the 3rd year of the project, but actual site work started recently. Working (or fighting) with the City took 2 years at least. Seems li...
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By Joyce Marsh, Joyce Marsh Homes
(Joyce Marsh Real Estate LLC)
   Are you ready for FLORIDA SUNSHINE AND WARM WEATHER?     Freezing Temperatures are here!! Are you dreading another record setting cold winter?  Just thinking about shoveling snow, and dealing with plumeting temperatures, and blizzard conditions can be very depressing. Contact Joyce Marsh Realtor - Florida Real Estate Connection - Daytona Beach Area Real Estate prices are still very affordable.  Central Florida winter temperatures are very mild, and we do not get snow here.  A listing at The Opus has come on the market.  The Opus is a direct oceanfront condominium in Daytona Beach Shores.  Priced right at $334,900 this is a spacious 3 bedroom, 2 bath unit built in 2009 on the 5th Floor.  Shows like a model home!  Heated Oceanfront Pool & Spa! On site Fitness Center, Club Room, Undergr...
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By Ian Anderson, Greater Daytona Beach Area Luxury Home Specialist
(Keller Williams Realty Florida Partners)
We get calls and internet inquiries all the time from people looking for a condo on the beach and they see oceanfront condos listed for sale in Daytona Beach for $40,000 - $60,000.  So what’s the catch?  It is most likely a condotel. Condotels are basically hotels or resorts in which the units are individually owned condos.  Most people checking into the hotel or resort would never know that they are staying in a room that isn’t owned by the resort.  They often have a kitchenette in the unit and most are a studio or like the typical hotel room.  Some may have a separate bedroom or even combined double units with multiple bedrooms. The first question is usually, “Can I live there year round?”  There were a few buildings that allowed you to homestead the unit and use a primary residence b...
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By Olympus Executive Realty Inc., Home Of The Top Producers
(Olympus Executive Realty INC.)
DAYTONA BEACH SHORES HOTELS, MOTELS & RESORTS FOR SALE IN DAYTONA BEACH SHORES, FL.PLEASE INQUIRE FOR CURRENT STATUS!Contact Kate or Vick,Your Hotel, Motel & Resort Specialist(407)230-7807 / (407)865-2840InvestmentAcquisitions@gmail.com PLEASE CALL FOR CURRENT & UPDATED INFORMATION ON WHAT IS AVAILABLE IN DAYTONA BEACH SHORES.Are you looking looking for Hotels, Motels & Resorts to add to your local or Global investment portfolio?   We can represent you in acquistion of any  hotel, motel & resort property in the U.S.Bankrupt Properties / Bank Managed Properties / Regular Sale/ Broken Asset.Proper representation is paramount during the procurement process. Contact a specialist familiar with the fundamental knowledge of the hotel / motel / resort world.The foundation of our asset acquisiti...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
June 30, 2015In Oceanside Inn the Board meetings seem to be the only time when members get any information regarding the affairs of the Association. Looks like the Board is clueless about transparency. They do not understand that it is not only easy to be transparent in the era of Internet, so that owners are in the loop, but it is also sort of expected...Some information comes from Randy Goodell, GM of rental Management Company in the forms of informative monthly newsletters, and he provides information about the garage project.The last letter was that the garage project is moving forward. When I drive by Oceanside Inn, I see that there are people working. I remember that the issue was with the height if existing ramp, and I did not know how this issue was resolved. One thing would be ...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
I believe I am often not the first guy people contact. I am used to the calls, where people say that they visited Daytona a few weeks ago, and they have seen this and that, then went home, Googled, read my blog, and called to clarify some issues.I got one such call yesterday. The gentleman told me that he planned to buy a condo-hotel unit and he was asking whether he might have problems with California, if he becomes Florida resident.I have no clue about California besides that it is still in US, but I saw his problem in that he wanted to use a condo-hotel unit in Daytona Beach Shores as his primary residence.I said that he couldn’t claim a condo-hotel his primary residence and he could not live there half of the year.He was shocked, hesitated for a moment and then said “thanks” and hun...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
The condo-hotel market in Daytona Beach area is pretty sluggish, but as the saying goes, some are more sluggish than the others.These more sluggish than others seem to be The Plaza Resort & Spa, and Oceanside Inn.For some reason, while we read in the newspaper that tourism is up, the County collects significantly more revenue in bed tax, these two condo-hotels are not doing great.The irony is that they represent two levels of condo-hotels and are leader, or, better, say used to lead in their respective categories. Plaza was one of the best if not the best among higher end and more expensive condo-hotels, and Oceanside Inn was unquestionably the best among budget condo-hotels.Actually, according to very informative newsletters from Oceanside rental management company, the revenues are up...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
Actually, the right question is "How long can I stay in my own unit?"Are you kidding me? Can you be serious?Actually this is the reality of owning a condo-hotel unit, at least in Daytona Beach Shores.Let's make one step back. Lately more and more questions are coming from people, who are looking for an affordable oceanfront retreat. The idea of a condo-hotel is quite attractive. Mainly because of the following: Location Price Rental Income to offset the expenses So, you own it, use it and when you do not use it, then the Front Desk would rent it for you.Even if you understand that it is not a money-making machine and we talk about offsetting the expenses, and  breaking even is fine, meaning that your portion of rental income covers monthly Association Dues and Taxes, it is still an attr...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
When you are thinking about vacation condos in Daytona Area, pay attention to Daytona Beach Shores. Though there are 68 condos in Daytona Beach and 65 in Daytona Beach Shores,  in Daytona Beach Shores all 65 condos can be used for vacation purposes, they are all on the beachside, and in Daytona Beach a lot of them are on the mainland.When you have 65 condos on less than a square mile on the barrier island squeezed between the ocean and the Intracoastal dotting a 5.5-mile long stretch of the beach, you understand that this is where condos are. After all, this is a small city with 4,300 residents and 80% of its residents live in condos.Of course, the most important is that I live here in Daytona Beach Shores, and, of course, in a condo (LOL)Follow this link to search our MLS for condos in...
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By Joyce Marsh, Joyce Marsh Homes
(Joyce Marsh Real Estate LLC)
Are you thinking about Relocating to Central Florida?  Here are our Top Tips for a successful move... Have you been thinking about relocating to Florida? Have you ever wondered what it might be like to live in Central Florida?  I’m sure many people are, especially after this past winter with record snow falls and long periods of record low temperatures.  We live in Central Florida and love the climate and lifestyle here.  We love what the Central Florida lifestyle has to offer.   Here at the Joyce Marsh Homes & Lifestyles Team, we have been receiving many calls from people all around the country telling us they are considering relocating and making a move to Florida, but have so many questions about what they can expect, how to start planning such a major move, and where to start? Obvio...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
 When discussing condos, people often talk about "Gestapo board", and all the limitations that condo owners do have. And often they forget that there are pluses, and some of them are quite big. We moved here less than a year ago, and I believe I can say that I already know many of those, who live here full time and some of wonderful vacation owners, who spend winters here, and even snowbirds, which rent here. Some from other States, some from Canada. Social activity in condos is a wonderful thing. In mature age it is not that you easily make friends. But living in a condo helps build this social circle, alleviate the social vacuum caused by moving from a city or town, where you lived and worked and had ties... It helps make life more interesting. Of course, my involvement is in parties ...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
Daytona Beach Shores Condo Market. Beginning of 2015. There are 64 condominiums in Daytona Beach Shores, and this number does not include condo-hotels. Considering the size, this is the highest concentration of condos in the area. And this is, probably, the most sought location, as Daytona Beach Shores has a lot of waterfront, being sandwiched between the Atlantic Ocean and the Intracoastal. Majority of condos are either oceanfront, or Intracoastal-front, or have the view of the ocean or Intracoastal, or both. The simplest thing it to put together the information about Daytona beach Shores condo market, so that you can see for yourself. And this is what I did.   Daytona Beach Shores Status # of Units Low Price High price Average Price Average SF Average DOM Price PSF Active 191 $111,111...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
Well, we thought you can. And then came the saga of Castaways.For one of the oldest condo-hotels in the area, built in 1960, Castaways Beach Resort in Daytona Beach Shores is in pretty good physical shape. 2013 was a difficult year for the owners. The City used the muscle and fought the Condo Owners Association for allowing owners to use it as primary residence. The City contended that they violated the city ordinance. Castaways Beach Resort for years and years touted itself as a rare condo-hotel, where owners could homestead and claim it as primary residence. They used to have about 20% of the owners living in the building as their primary residence. A small, but very vocal group of owners, and at some point they started playing with the idea of eliminating the hotel part, and rather h...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
After reading my other posts about Oceanside Inn, which were critical of the Board actions, I would expect someone to ask whether there is any positive news for Oceanside. We love balance, and we love happy ends.No problem, We have it all here. I am glad to state that the Front Desk Rental Management Company is very good. SunStream bought the operation and the commercial space on the first floor a few years ago from Integra Resorts.So, they are not just a third party providing rentlas for the owners, but an integral part of Oceanside with vested interest.A setup, where there is a management company, that owns the commercial space, may be either a curse, or a blessing. If a curse, you are stuck with the inefficient company, that owns the space and controls it, and there is little the Ass...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
I wrote about snowbirds that were declared unwanted species in Oceanside Inn, and even though they are, in my opinion, the best owner group in any condo-hotel, seems they are going extinct.Damn, I wish we had the endangered species list, and have snowbirds protected from legislative rash and executive rush of the Association…But snowbirds are not the only group that might face the extinction. The other group is owners, who live within the driving distance, i.e. those in Florida, who live within 3-4 hours, and could be coming for weekends. With 52 weeks in a calendar year one might consider spending here 104 days a year coming every weekend. No, I do not believe that someone would be coming here that many weekends, but let people decide how much time they can spend in their vacation plac...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
Time from time I run into something more than a regular nice unit. Rarely with condo-hotels, hence it is even more memorable. And this unit in Oceanside Inn is this occasion. It is not your cookie cutter unit. For too many reasons.It is only one of 4 direct oceanfront units on the first floor. If you are reading my blogs about Oceanside, then you, probably, noticed that units are on 2 through 9 floor, and the first floor is where the Front Desk is, offices, place where they serve continental breakfast, bar, conference room, gym, etc., but there are 4 one-bedroom units in the opposite side of the entrance, facing the ocean.And they are different from any other unit in the resort. With 735 sf., unit 101 is the largest of the 4. Tis unit is on the south corner, and it has the view of the o...
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By Ron Wysocarski, CEO, Pricing Specialist
(Wyse Home Team Realty)
Just Listed! Oceanfront Daytona Beach Luxury Condo The Wyse Condo Team - The Right Choice to Sell Your Home – 386-562-2651 Search current inventory of Condos for Sale in the Daytona Beach area.     Listing Details Oceanfront Daytona Beach Luxury Condo 3737 S. Atlantic Ave. Unit 504, Daytona Beach Shores, FL Price: $450,000MLS number: 565294Bedrooms: 3Bathrooms: 2Square Footage: 1808   Call The Wyse Condo Team at 386-562-2651 to see if this property is still available and arrange a showing. Read on for more details!   Luxurious Upgrades and Updates Abound Perched 5 stories above The World’s Most Famous Beach, this fabulously luxurious Daytona Beach Shores condo with an amazing view awaits its new owner. See this Wyse Condo Team listing. 3737 S. Atlantic Ave. Unit 504, Daytona Beach Shore...
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