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Experience beachfront luxury at its finest! This property presents three stunning condos on the 8th floor, each offering breathtaking ocean views. Renovated to perfection, these units feature new flooring, updated kitchens, and modern appliances, providing an inviting living space. Sold fully furnished, this turnkey property offers seamless investment potential. Whether you choose to live in one unit and rent out the others or capitalize on the short-term rental market, the opportunities for profit are endless. Currently fully occupied, with the option to reclaim one unit for owner occupancy with a 30-day notice, this property offers flexibility and immediate returns. Situated in a meticulously maintained building undergoing over $9 million in upgrades, there's no need to worry about special assessments. Owners will enjoy access to a range of amenities, with HOA dues covering water, electricity, Wi-Fi, and exclusive access to beachfront facilities. With the option to join the association's short-term rental program or self-manage, the current owner is available to assist with the transition. Offering a cap rate of 7% or more, this property is a rare opportunity to invest in beachfront luxury and enjoy lucrative returns for years to come.
| DAYS ON MARKET | 165 | LAST UPDATED | 4/22/2024 |
|---|---|---|---|
| TRACT | OCEANSIDE INN CONDO | YEAR BUILT | 1973 |
| COMMUNITY | 32118 - Daytona Beach/Holly Hill | GARAGE SPACES | 1.0 |
| COUNTY | Volusia | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Cable TV, Electricity, Internet, Sewer, Water |
| APPLIANCES | Microwave, Other, Refrigerator |
| AREA | 32118 - Daytona Beach/Holly Hill |
| BUYER'S BROKERAGE COMPENSATION | 1.5% |
| CONSTRUCTION | Concrete |
| EXTERIOR | Other |
| GARAGE | Yes |
| HOA DUES | 1229|Monthly |
| INTERIOR | Elevator |
| PARKING | Attached |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | OCEANSIDE INN CONDO |
| TAXES | 1904.87 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Beach, Water |
| WATER | Public |
| WATERFRONT DESCRIPTION | Beach Access |
| ZONING | 04 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Serena Orgin, RICHR HOMES, 844-957-4247
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 10/3/24 6:31 PM PDT.
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