$60,000
$87,000
31.0%For more information regarding the value of a property, please contact us for a free consultation.
600 Atlantic AVE #435 Daytona Beach, FL 32118
1 Bath
427 SqFt
Key Details
Sold Price $60,000
Property Type Commercial
Sub Type Condotel
Listing Status Sold
Purchase Type For Sale
Square Footage 427 sqft
Price per Sqft $140
Subdivision Plaza Resort & Spa, A Condo
MLS Listing ID 1116612
Sold Date 01/26/24
Style Other
Full Baths 1
HOA Fees $960
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1969
Annual Tax Amount $956
Lot Size 1,742 Sqft
Lot Dimensions 0.04
Property Description
Experience breathtaking direct oceanfront/pool views that extend to the picturesque heated pool and firepit! The Plaza Resort and Spa, steeped in a rich history on the renowned World's Most Famous Beach, is presently undergoing an extensive $45 million transformation, aspiring to elevate its status to a luxurious 5-star resort! The conscientious sellers have covered a recent assessment of $23,835.35 in full.
The Plaza boasts an array of fabulous amenities, including a European spa with a salon, a fitness center, a full bar, a restaurant, banquet rooms, and on-site management overseeing the rental program for each unit. Owners have the privilege of enjoying their units for 60 days annually, with the rental program yielding an approximate 50/50 profit split. Please take note that the unit photos are provided to offer buyers a glimpse of the current space and balcony view, not a preview of the updated unit post-renovations.
Anticipated to conclude by END OF 2024, the renovations, encompassing new flooring, furniture, and hurricane sliders, are poised to enhance the property significantly. The Plaza Resort and Spa is presently closed for renovations, and showings are unavailable. Owners are obligated to utilize the rental program, and independent unit rentals are not permitted. Ideally situated near the Ocean Center, pier, boardwalk, restaurants, and entertainment, this presents an exceptional investment opportunity for a direct oceanfront unit in what promises to be an upscale resort!
Location
State FL
County Volusia
Community Plaza Resort & Spa, A Condo
Direction East on International Speedway Blvd. to Left on North Atlantic Avenue. Property on the right.
Interior
Interior Features Elevator
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 5304-14-00-0435
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP