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Listing Details

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School Ratings & Info

Description

RARE OCEANFRONT (DOUBLE UNIT) INVESTMENT CONDO HOTEL & VACATION OPPORTUNITY UNDER $140,000! Although units 922 & 923 must be purchased together, they can be rented separately or together for flexibility for families needing more space, etc. This investment opportunity also allows for personal vacation use of owner, if desired. Enjoy the ocean view from this condo's window on the ninth floor or take a few steps outside to the Tiki Bar located next to the community pool & hot tub for a cool refreshing drink. Stroll a few more steps, with drink in hand, to the deeded ocean access beach. This Fully Furnished, Turn-Key, 2-bed 2-bath special Hotel Investment Condo package is a 1031 Tax-Deferred Exchange Qualifying Replacement Property! Full rental management provided by hotel services staff. Unit owners keep 75% of the rental income, hotel staff management receives $25%. NOTE: Regular COA fees for these 2 units combined are $644.31 per month, there are two special assessments, one of which the seller may pay in full depending at closing for agreed upon offer, the other one is for current remodeling of common areas (see photos) for $273.95/mo until end of April 2022, then should adjust to the normal $644.31 per condo association management. Also have a single unit listed by same owner on the 3rd floor with asking price of $89,000! Seller is motivated and looking to reinvest into his home state of North Carolina, so let's discuss offers! Seller would like to have package price offer for 922/923 & 324 if possible, but not necessary.

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© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-09-16T22:41:30.687.
www.floridarealestatesellers.com/homes/118784765
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1909 S Atlantic Avenue , 922/923 Daytona Beach Shores, FL 32118

  • Price: $139,000
  • Status: Pending
  • Updated: 48 min ago
  • MLS #: T3315091
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,486
SQFT
$94
$/SQFT
1973
Built
Neighborhood:
Oceanside Inn Condo
County:
Volusia
Area:
Daytona Beach/Holly Hill
Property Description
RARE OCEANFRONT (DOUBLE UNIT) INVESTMENT CONDO HOTEL & VACATION OPPORTUNITY UNDER $140,000! Although units 922 & 923 must be purchased together, they can be rented separately or together for flexibility for families needing more space, etc. This investment opportunity also allows for personal vacation use of owner, if desired. Enjoy the ocean view from this condo's window on the ninth floor or take a few steps outside to the Tiki Bar located next to the community pool & hot tub for a cool refreshing drink. Stroll a few more steps, with drink in hand, to the deeded ocean access beach. This Fully Furnished, Turn-Key, 2-bed 2-bath special Hotel Investment Condo package is a 1031 Tax-Deferred Exchange Qualifying Replacement Property! Full rental management provided by hotel services staff. Unit owners keep 75% of the rental income, hotel staff management receives $25%. NOTE: Regular COA fees for these 2 units combined are $644.31 per month, there are two special assessments, one of which the seller may pay in full depending at closing for agreed upon offer, the other one is for current remodeling of common areas (see photos) for $273.95/mo until end of April 2022, then should adjust to the normal $644.31 per condo association management. Also have a single unit listed by same owner on the 3rd floor with asking price of $89,000! Seller is motivated and looking to reinvest into his home state of North Carolina, so let's discuss offers! Seller would like to have package price offer for 922/923 & 324 if possible, but not necessary.
Exterior Features

Carport Yn No Construction Materials Block Direction Faces West Exterior Features Other Foundation Details Slab Parking Features Covered Pool Private Yn No Roof Other View Water Water Access Beach - Access DeededBeach - PublicGulf/Ocean Water Access Yn Yes Water Body Name Atlantic Ocean Water Extras Seawall - Concrete Water Extras Yn Yes Water Frontage Feet Beach Pub 200 Water Frontage Feet Gulf Ocean 200 Water View BeachGulf/Ocean - FullGulf/Ocean - Partial Waterfront Features Beach - PublicGulf/Ocean Waterfront Feet Total 400 Waterfront Yn Yes

Interior Features

Appliances MicrowaveRefrigerator Building Elevator Yn Yes Cooling Central AirWall/Window Unit(S) Fireplace Yn No Flooring CarpetTile Furnished Turnkey Heating CentralElectricWall Units / Window Unit Interior Features Open FloorplanWalk-In Closet(S) Levels One Room Count 6 Rooms Master Bedroom Sewer Public Sewer Stories Total 9 Water Source Public

Property Features

Additional Lease Restrictions Hotel Condo Rentals Must Go Through Front Operations Management Desk Unless Lease is Greater Than 91-Day Period At A Time. 90 Days Or Less Rentals Must Be Managed By Hotel Management Staff At 75% To Owner/25% To Hotel Management Staff (Separate From Coa). Additional Parcels Yn No Association Amenities MaintenancePoolSpa/Hot Tub Association Approval Required Yn No Association Fee Includes Community PoolMaintenance ExteriorMaintenance GroundsMaintenance RepairsManagerPest ControlPool Maintenance Association Fee Requirement None Association Yn Yes Available For Lease Yn Yes Building Name Number Oceanside Inn Daytona Beach Cdd Yn No Community Features Deed RestrictionsFitnessPoolWater AccessWaterfront Condo Fee Monthly Amount 644 Condo Fees 644 Condo Fees Term Monthly Disclosures Condominium Disclosure AvailableHoa/Pud/Condo Disclosure DPR Yes Flood Zone Code Ve Floor Number 9 Garage Yn No Homestead Yn No Listing Terms Cash Minimum Lease No Minimum New Construction Yn No Num Of Own Years Prior To Lse 0 Pets Allowed No Property Condition Completed Property Sub Type Condo - Hotel Realtor Info As-IsOwner Motivated Security Features Fire AlarmFire Sprinkler SystemKey Card EntrySmoke Detector(S) Senior Community Yn No Special Listing Conditions None Tax Annual Amount 963.78 Tax Year 2020 Utilities Bb/Hs Internet AvailableCable AvailableElectricity ConnectedPhone AvailablePublicSewer ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No Zoning 400 CONDO


Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Florida Commercial Group.



© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-09-16T22:41:30.687.
 
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