$79,000
Description
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.
Listed by Carlos Bravo, .
Property Highlights
- Waterfront: Beach Front, Beach Access
- Pool
- Association Fee: $961
- View: Beach, Water, City
- Heating / Cooling: Central
- Property Type: Condo/Co-op, Condominium
- MLS #: T3491790
Room Information
| Flooring | Carpet |
| Full Baths | 1 |
| Total Baths | 1 |
Property Features
| Appliances | Bar Fridge, Cooktop |
| Association Amenities | Fitness Center, Other, Pool, Recreation Facilities, Security |
| Construction Materials | Other |
| Cooling | Central Air |
| Direction Faces | East |
| Exterior Features | Balcony |
| Has View | Yes |
| Heating | Central |
| Interior Features | Elevator, Open Floorplan |
| Interior Square Footage | 513 |
| Roof | Other |
| Rooms | 2 |
| Sewer | Public Sewer |
| Stories | One |
| Water Source | Public |
| Waterfront | Yes |
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by 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. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2024 MLS GRID. All Rights Reserved.
