$85,000
$84,900
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600 atlantic #705 Daytona Beach, FL 32118
1 Bath
513 SqFt
Key Details
Sold Price $85,000
Property Type Commercial
Sub Type Condotel
Listing Status Sold
Purchase Type For Sale
Square Footage 513 sqft
Price per Sqft $165
Subdivision Plaza Resort & Spa, A Condo
MLS Listing ID 1121466
Sold Date 04/26/24
Full Baths 1
HOA Fees $1,000
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1969
Annual Tax Amount $348
Property Description
SAVVY INVESTOR ALERT!!! Discover luxury living at The Plaza Resort & Condo, unit #705, where you'll find the most stunning ocean views from the privacy of your room as well as from two separate balconies (one facing East & one facing North). The ''05 stack'' offers the largest available footprint (i.e., 513 sq. ft.) in the complex with NO VIEW OBSTRUCTIONS to the North which is prevalent in units below the 6th floor. The seller HAS PAID the ''current'' $24K assessment for common area renovations. An additional assessment of ''approximately $45K'' is upcoming that has NOT been paid which will cover a ''complete in-room DOWN-TO-THE STUDS renovation that will include NEW PLUMBING, WIRING, INSULATION, IMPACT SLIDERS, STEEL ENTRY DOORS, & SECURITY SYSTEM.'' In addition to offering (con't) more appealing in-room finishes & design, the renovation will also include expanded luxury ensuites & new furnishings. While renovations are expected to be underway until January 2025, one should anticipate a post-renovation resort experience akin to nearby 5-STAR hotels. The resort offers fine dining at the 1888 restaurant, as well as a scenic ocean-facing lounge, 15,000 sq. ft. European spa, salon, fitness center, heated pool, and convention center, all managed seamlessly by on-site professionals. Lastly, the unit offers a lucrative in-house rental program, with a 50/50 split of rental income between owners and management. With a "projected post-renovation value expected to exceed $500K", seize the chance to own a slice of paradise! Contact us today for a private viewing and embark on your journey to oceanfront luxury. CASH OFFERS ONLY!
Location
State FL
County Volusia
Community Plaza Resort & Spa, A Condo
Direction From ISB, take A1A north to Seabreeze Blvd. The plaza is on the east side of the road.
Interior
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature Balcony
Parking Features Underground
Amenities Available Clubhouse, Laundry, Management- On Site
Waterfront Description Ocean Front
Accessibility Common Area
Building
Water Public
Structure Type Block,Concrete
Others
Senior Community No
Tax ID 530414000705
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