$79,000 pending
600 n atlantic avenue, daytona beach, FL 32118
| Beds 0 | Baths 1 | 513 Sqft |
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Property Description
Under Construction. Exceptional investment opportunity for a direct oceanfront unit in what promises to be an upscale resort! Third Floor unit in the historic Daytona Beach Plaza Resort and Spa. EXTRA LARGE (513 sqft) and desirable corner studio unit with great OCEAN AND NORTH VIEWS! from TWO BALCONIES. The Plaza Resort and Spa has a rich history in the World's Most Famous Beach and boasts one of the best oceanfront locations with walking distance to restaurants, shops and entertainment. Some of the exclusive Amenities include a 15,000 sq. ft. European spa complete with a salon, state-of-the-art fitness center, sparkling heated pool, full bar, restaurant, and on-site management. The property is currently undergoing a massive $45 million renovation with a goal to take this to a 5 Star luxury resort. All units are being completely renovated and the building is closed during this work which is expected to complete Mid 2024. The renovations will include new flooring, furniture and hurricane shutters for a turnkey investment unit. The owners are able to occupy their unit 60 days of the year and rent it out using the hotel rental program; split is approximately 50/50. Please note the photos of the unit and building are from before the gutting and renovation work and are solely provided to give an idea of the spaces and views - not what the updated unit will look like. The Plaza Resort and Spa is presently closed for renovations, Sale is cash as conventional financing is not available. This unit sold for over $200,000 almost twenty years ago, and when finally completed this unpolished gem will shine! All information is deemed accurate but not guaranteed. Buyer is expected to perform Due Diligence.
General Information
Sale Price: $79,000
Price/SqFt: $154
Status: Pending
MLS#: T3491790
City: daytona beach
Post Office: daytona beach
County: Volusia
Subdivision: plaza resort & spa condo
Bedrooms:0
Bathrooms:1 (1 full, 0 half)
House Size: 513 sq.ft.
Acreage:
Year Built: 1969
Property Type: Condo - Hotel
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Other
Exterior Misc: Balcony, Sliding Doors
Pool: Yes
Pool Description: In Ground
Basement: No
Foundation : Other
Appliances: Bar Fridge, Cooktop
Cooling: Central Air
Heating: Central
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $318
HOA fees: 961
HOA fees Period: Monthly
Legal Description: UNIT 305 PLAZA RESORT & SPA CONDO PER OR 5663 PG 2330 PER OR 5665 PG 1910 PER OR 5729 PGS 0324-0325 PER OR 5760 PG 2283 PER OR 5817 PG 1864 PER OR 6333 PG 4397 PER OR 6366 PGS 2649-2650
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Carlos Bravo of KARLHAUS REALTY, Phone: 386-788-1988
