600 N Atlantic Avenue Unit 705, Daytona Beach, FL 32118

$98,000
1
BD
1
BA
513
SqFt

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Sold Price
$98,000
List Price
$84,900
Status
Sold
Days on Market
0
Closing Date
Apr 30, 2024
MLS#
FC299567
Property Style
Condo - Hotel
Year Built
1969
Bedrooms
1
Bathrooms
1
Living Area
513
Lot Size
1,916
Acres
0.04
Total Acreage
0 to less than 1/4
Building Name
Plaza Resort & Spa
Monthly Condo Fee
1000
Legal Subdivision Name
Plaza Resort & Spa Condo
MLS Area Major
Daytona Beach/Holly Hill

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!

Additional Information

Taxes
$352
Minimum Lease
1 Month
Condo Fees
$1000
Condo Fees Term
Monthly
Community Features
Pool, No Deed Restriction
Property Description
One Story
Zoning
MULTI-FAM
Interior Layout
Other
Interior Features
Other
Floor
Vinyl
Appliances
Other
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heating
Wall Units / Window Unit
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block, Concrete
Exterior Features
Irrigation System
Roof
Other
Foundation
Slab
Pool
Community
Garage Carport
2 Car Garage, Under Building Parking
Garage Spaces
2
Garage Features
Assigned, Underground
Pets
Not Allowed
Floor Number
7
Flood Zone Code
X
Parcel ID
5304-14-00-0705
Legal Description
UNIT 705 PLAZA RESORT & SPA CONDO PER OR 5663 PG 2330 PER OR 5665 PG 1910 PER OR 5807 PGS 3994-3995 PER OR 6925 PG 0189 PER OR 6982 PG 0617 PER OR 7276 PGS 4195-4197 INC PER OR 7458 PGS 3467-3469 INC PER OR 8036 PG 0418 PER OR 8044 PG 155

Listing courtesy of ADAMS, CAMERON & CO., REALTORS.

Selling Office: COLDWELL BANKER REALTY.

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