$110,000
$120,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
1 Bath
462 SqFt
SOLD DATE : 09/09/2022
Key Details
Sold Price $110,000
Property Type Commercial
Sub Type Condotel
Listing Status Sold
Purchase Type For Sale
Square Footage 462 sqft
Price per Sqft $238
Subdivision Plaza Resort & Spa, A Condo
MLS Listing ID 1099345
Sold Date 09/09/22
Style Other
Full Baths 1
HOA Fees $960
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1969
Annual Tax Amount $1,158
Property Description
Extremely rare opportunity to own a desirable ''Direct Ocean Front'' unit near the very top of the Plaza Resort & Spa condominium-hotel that is IMMEDIATELY on the ocean – meaning the unit and its beautiful balcony have the best possible, direct, full-ocean view from near the top of The Plaza's historic building. The unit is a perfect balance of vacation (you can stay in it 60 days a year) and year-round rental investment income handled completely by onsite management with checks mailed to you monthly (this unit earns a very strong profit thanks to its premier position in the building). The Plaza, known as ''Daytona Beach's Grand Resort,'' faces a stretch of traffic-free beach, is a 10-minute beachside walk from the famous Boardwalk and Pier, and includes a lavish European-style salon and and
spa, a signature restaurant in the lobby, valet parking, a heated pool overlooking the ocean, fire pits, banquet halls, a grab-and-go market, and more. This room is fully furnished and kept pristine by on-site management, with two Serta Perfect Sleeper Euro pillow-top beds with premium linens, a 42-inch flat-screen T.V., a modern kitchenette with a spacious granite counter-top, cherry wood cabinets, and more. Note that there is a special assessment of $23,385.35 due at closing, to further improve the common areas. A significant added benefit is that there is a credit of $5,654.99, as of 7/8/2022, in this unit's capital refurbishment reserve account, which will carry over to the new owner to fund required improvements in furniture, fixtures, and equipment within the unit.
Location
State FL
County Volusia
Community Plaza Resort & Spa, A Condo
Direction East on International Blvd., Left on A1A (Atlantic Ave) property on right.
Interior
Interior Features Elevator, Wet Bar
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature Balcony
Parking Features Underground
Amenities Available Management- On Site
Waterfront Description Ocean Front,Seawall
Accessibility Common Area
Building
Water Public
Architectural Style Other
Structure Type Block,Concrete
Others
Senior Community No
Tax ID 5304-14-00-1108
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