600 Atlantic AVE #305 Pending Save Request In-Person Tour Request Virtual Tour
Daytona Beach,FL 32118
Key Details
Property Type Commercial
Sub Type Condotel
Listing Status Pending
Purchase Type For Sale
Square Footage 513 sqft
Price per Sqft $153
Subdivision Plaza Resort & Spa, A Condo
MLS Listing ID 1117001
Style Traditional,Other
Full Baths 1
HOA Fees $961
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1969
Annual Tax Amount $318
Property Description
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 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.
As The Plaza Resort and Spa is presently closed for renovations, showings are unavailable, 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. Buyer advised to retain the services of appropriate professionals to ensure the property meets their requirements.
Location
State FL
County Volusia
Community Plaza Resort & Spa, A Condo
Direction INTERNATIONAL SPEEDWAY EAST TO ATLANTIC AVE NORTH TO PLAZA RESORT.
Interior
Interior Features Elevator
Heating Central
Cooling Central Air
Exterior
Exterior Feature Balcony,Other
Amenities Available Clubhouse,Laundry,Management- On Site,Sauna
Waterfront Yes
Waterfront Description Ocean Front
Roof Type Tile
Accessibility Common Area
Building
Water Public
Architectural Style Traditional,Other
New Construction No
Others
Senior Community No
Tax ID 5304-14-00-0305