cheap daytona condo: Oceanside Inn at October Board Meeting
- 10/19/15 02:05 PM
There was no Board meeting in Oceanside Inn in 2015 until a meeting in October. We are supposed to, but the one before was the annual meeting in December 2014. There was a concern that yet another Special Assessment was looming, and the speculation/expectation that the Board was waiting for some definite numbers, which would be announced at the October meeting. Turned out this was not the case. The Board mentioned another assessment in the future to deal with glass wall, but this was something we all know about. There is an ongoing major concrete rehab project under way – the garage. The Board … (0 comments)
cheap daytona condo: Buying A Condo-Hotel In Oceanside Inn in Daytona Beach Shores
- 03/29/10 04:59 PM
Buying A Condo-Hotel In Oceanside Inn in Daytona Beach Shores It is time to do the update on what is happening in Oceanside Inn, a condo-hotel in Daytona Beach Shores. I would actually say that this is the best condo-hotel in Daytona Beach Shores. And though it is not a new building, of all condo-hotels, this one got the most extensive renovations at time of its conversion in 2003. 2009 was a very slow year for Oceanside Inn. There was only one sale. We worked with the Buyer in the transaction. 2010 is going to be a much more active year. 2 … (5 comments)
cheap daytona condo: Understanding Condo-Hotels In Daytona Beach. Condo-Hotels vs. Condos. Special Assessments
- 08/22/09 05:23 PM
Understanding Condo-Hotels In Daytona Beach. Condo-Hotels vs. Condos. Special Assessments is the 5th post in this series. Previous posts are: Understanding Condo-Hotels In Daytona Beach. Condo-Hotels vs. Condos. Living and RentingUnderstanding Condo-Hotels In Daytona Beach. Condo-Hotels vs. Condos. ManagementUnderstanding Condo-Hotels In Daytona Beach. Condo-Hotels vs. Condos. Safety of your Investment Understanding Condo-Hotels In Daytona Beach. Condo-Hotels vs. Condos The dreaded Special Assessments. A horror story of condo (and condo-hotel) living. So what is a Special Assessment? Basically, it is a very simple concept. If there is something that needs to be done, which cost money, and there is no money to … (4 comments)
cheap daytona condo: Understanding Condo-Hotels In Daytona Beach. Condo-Hotels vs. Condos. Management
- 08/18/09 04:58 PM
Understanding Condo-Hotels In Daytona Beach. Condo-Hotels vs. Condos. Management is the third installment in the series about condo-hotels. Previous two were Understanding Condo-Hotels In Daytona Beach. Condo-Hotels vs. Condos and Understanding Condo-Hotels In Daytona Beach. Condo-Hotels vs. Condos. Safety of your Investment Condo-Hotel management is confusing. Condo management, even in the most expensive residential condominium projects, is relatively simple. They either hire a manager and maintenance people, or they hire a management company. Both scenarios proved to be working OK. Like everything else, it depends on the people in charge (The Board), and, unless their stars do not align, they do fine. Condo-hotels … (3 comments)
cheap daytona condo: If I Find It, I would Buy It Myself
- 06/05/09 05:54 PM
We submitted an offer for a condo. Short sale. Asking price was $150K, my client wrote the offer for $136K, the Lender came back with $5K more than asking. The whole thing made my clients very uneasy, they thought that it was deceptive, wanted the answer in writing, thought that everyone was avoiding a paper trail. The lender would not give this in writing, and as not the party to the transaction, they are not obligated (at least for now), they wanted that the Listing agent does it in writing, and, of course, the listing agent had no trouble to do it … (8 comments)
cheap daytona condo: Auction In Daytona Beach Shores
- 04/27/09 10:52 PM
With the market like this, we are used to see the signs "Auction" while driving along A1A. Never went to one, know that there isn't much success, as people are waiting, and the hype is simply not there. I can only imagine auctions 4 years ago. I actually remember how we all went to Venetian Bay to make reservations for condos for our out-of-state buyers. The rules were strict and there were 5 of us, because you could not reserve more than one condo for your client. We came at 3 AM, and there were 3 people ahead of us. We … (29 comments)
cheap daytona condo: Plaza Resort & Spa. Daytona Beach Premier Condo-Hotel Resort
- 11/15/08 04:18 PM
Plaza Resort & Spa. Daytona Beach premier Condo-Hotel Resort is located at:600 N. Atlantic Ave.Daytona Beach, FL 32118 The Plaza Resort & Spa, wihch is a Condo-Hotel in conversion, has at time of writing this blog (November 18, 2008) 47 units on resale ranging from $69K with city view to $459K for a penthouse direct oceanfront studio on the 14th floor. The prices are all over the board. You can buy a larger direct oceanfront unit on the 11th floor with better view (also panoramic view to the south in addition to oceanfront) only for $150K. 7 units for sale for … (2 comments)
cheap daytona condo: Plaza Resort & Spa in Daytona Beach. Life After Bankruptcy
- 09/29/08 07:45 PM
Plaza Resort & Spa in Daytona Beach. Life After Bankruptcy I recently received an e-mail from an owner of the unit in the Plaza Resort & Spa. No, I was not his agent when he bought the unit there abut two years ago. With the real estate market as it is, a terrific buy in 2005 turned into a heavy liability. Gorgeous direct oceanfront studio. Maintenance fee since he purchased the unit more than doubled. With the price iin high $200s the mortgage payment plus Maintenance plus taxes are not covered by the rental income, and he needs to reach into his pocket to subsidize … (2 comments)
cheap daytona condo: Daytona Shoreline Hotel Tycoons File for Chapter 11
- 09/17/08 05:53 PM
The article titled "Daytona Shoreline Hotel Tycoons File for Chapter 11" was published in Orlando Sentinel September 13. This is the latest bad news in the saga of the slow real estate market. This time it hit the developers of many hotels in the area, inlcuding The Plaza Resort & Spa. Charles Bray & Joseph Gillespie came to Daytona Beach area in 1998, at the time of a slow market like today's, but they had a vision and grandiose plans. Actually nobody else had a vision like they had for Daytona Beach oceanfront. They drove the beach, and Atlantic Ave then … (12 comments)
There was no Board meeting in Oceanside Inn in 2015 until a meeting in October. We are supposed to, but the one before was the annual meeting in December 2014.
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