Thank you
Carlos Bravo
KARLHAUS REALTY
386-788-1988
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.
Total Baths: 1
Full Baths: 1
Open Floorplan
Roof : Other
Appliances : Bar Fridge, Cooktop
Laundry Features: None
Other
Flooring : Carpet
Construction Materials : Other
Heating: Central
Cooling: Central Air
Water front: 1
WaterSource: Public
Year Built: 1969
Balcony, Sliding Doors
Construction Materials: Other
Foundation Details: Other
Private Pool:
In Ground
Property Type: Residential
Sub Type: Condo - Hotel
Original List Price: $79000
Tax Block: 305
Tax Book Number: 5665-1910
Tax Lot: 305
Tax 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
Annual Tax: $318.34
Tax Year: 2023
Parcel Number: 5304-14-00-0305
Included Fees: Cable TV, Common Area Taxes, Pool, Electricity, Insurance, Maintenance Structure, Management, Other, Pest Control, Pool, Recreational Facilities, Security, Sewer, Trash, Water
Included Amenities: Fitness Center, Other, Pool, Recreation Facilities, Security
HOA : $961 Monthly
Public
Sewer: Public Sewer
Water Source: Public
Subdivision: PLAZA RESORT & SPA CONDO
City: DAYTONA BEACH
Direction: INTERNATIONAL SPEEDWAY EAST TO ATLANTIC AVE NORTH TO PLAZA RESORT
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
500 Atlantic Avenue #10-A, Daytona Beach, FL,32118 | $625,000 | 2 | 2 | 1,724 | 1.21 Acres |
500 Atlantic Avenue #10-C, Daytona Beach, FL,32118 | $950,000 | 3 | 3 | 2,278 | 1.21 Acres |
500 Atlantic Avenue #10-D, Daytona Beach, FL,32118 | $1,350,000 | 3 | 3 | 2,064 | -- |
500 Atlantic Avenue #PH.., Daytona Beach, FL,32118 | $7,750,000 | 4 | 5 | 8,172 | -- |
500 Atlantic Avenue #PH.., Daytona Beach, FL,32118 | $4,000,000 | 3 | 4 | 4,680 | -- |
500 Atlantic Avenue #19-D, Daytona Beach, FL,32118 | $1,585,000 | 3 | 3 | 2,064 | -- |
720 Davis Street, Daytona Beach, FL,32118 | $719,000 | 4 | 4 | 2,115 | 0.14 Acre |
500 Atlantic Avenue #14-A, Daytona Beach, FL,32118 | $670,000 | 2 | 2 | 1,724 | -- |
500 Atlantic Avenue #18-A, Daytona Beach, FL,32118 | $785,000 | 2 | 2 | 1,724 | -- |
500 Atlantic Avenue #20-A, Daytona Beach, FL,32118 | $815,000 | 2 | 2 | 1,724 | -- |
Disclaimer: The information being provided courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of theMFRMLS (My Florida Regional MLS DBA Stellar MLS). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MFRMLS (My Florida Regional MLS DBA Stellar MLS). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
Based on information submitted to the MLS GRID as of 05/04/2024 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
ByOwner last updated this listing 05/04/2024 @ 06:20
MLS: MFRMLS #T3491790
LISTED BY: Carlos Bravo, KARLHAUS REALTY
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.