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Key Details
Sold Price $75,000
Property Type Commercial
Sub Type Condotel
Listing Status Sold
Purchase Type For Sale
Square Footage 372 sqft
Price per Sqft $201
Subdivision Plaza Residence & Spa
MLS Listing ID 1200483
Sold Date 08/17/24
Full Baths 1
HOA Fees $961
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1969
Annual Tax Amount $163
Lot Size 1,916 Sqft
Lot Dimensions 0.04
Property Description
CASH ONLY. Investment opportunity for a direct oceanfront unit in what promises to be an upscale resort! Tenth Floor unit in the historic Daytona Beach Plaza Resort and Spa. 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 . 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 pictures are old and are before renovation.
Location
State FL
County Volusia
Community Plaza Residence & Spa
Direction From ISB, take A1A north to Seabreeze Blvd. The plaza is on the east side of the road.
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature Balcony
Parking Features Underground
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Available, Water Connected
Amenities Available Beach Access, Cable TV, Elevator(s), Fitness Center, Laundry, Management- On Site, Trash, Water, Other
Waterfront Description Ocean Access,Ocean Front
Roof Type Membrane
Garage No
Building
Foundation Block
Water Public
Structure Type Concrete,Stucco
New Construction No
Others
Senior Community No
Tax ID 5304-14-00-1011
Acceptable Financing Cash
Listing Terms Cash
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