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cheap oceanfront condo daytona: He Buys in Harbour Beach Resort and Makes It Work for Him - 06/21/10 11:38 PM
A few weeks ago I was at the county Foreclosure auction in Deland, our Volusia County seat. Deland is a nice quaint small town, home to Stetson University, and numerous local government offices.
A condo-hotel unit in Harbour Beach Resort in Daytona Beach was scheduled for the auction, and I was curious to see what happens to it, along with a few other properties to be sold at the auction.
We waited until they announce the priced up to which the Lenders were going to bid, otherwise known as the lowest the Lender would accept. The condo-hotel unit was not … (2 comments)

cheap oceanfront condo daytona: Understanding Condo-Hotels In Daytona Beach. Condo-Hotels vs. Condos. Myths & Reality. - 08/26/09 11:59 PM
Understanding Condo-Hotels In Daytona Beach. Condo-Hotels vs. Condos. Myths & Reality is the 7th and last post in the series
Other posts in the series are:Understanding Condo-Hotels In Daytona Beach. Condo-Hotels vs. Condos. Pluses & Minuses. Understanding Condo-Hotels In Daytona Beach. Condo-Hotels vs. Condos. Special Assessments 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 
Our discussion isabout vacation condos or condo-hotels. It is not surprising that Buyers, coming from all over the nation … (1 comments)

cheap oceanfront condo daytona: Plaza Resort & Spa in Daytona Beach. Life After Bankruptcy - 09/30/08 02:45 AM
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 oceanfront condo daytona: Daytona Shoreline Hotel Tycoons File for Chapter 11 - 09/18/08 12:53 AM
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)

cheap oceanfront condo daytona: How To Spot A Real Deal Buying a Condo-Hotel In Daytona Beach - 08/01/08 01:28 AM
How To Spot A Real Deal Buying a Condo-Hotel In Daytona Beach

The Plaza Hotel & Spa is one of two really luxury condo-hotels in greater Daytona Beach area. The conversion came at the height of the market and was very successful and then died, so to say, on a dime, leaving close to 100 units out of 322 units in the hands of the developers, who happen to be the biggest hoteliers in the area.
At the peak of conversion to condo-hotel, the prices went higher than $810 per sq. ft., which was nearly double what older condo-hotels were … (8 comments)

 
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Jon Zolsky, your Daytona Beach, Florida connection

Daytona Beach, FL

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Jon Zolsky, Daytona Beach, FL. FunCoast Realty, 386-405-4408

Address: 313 S Atlantic Ave., Suite A, Daytona Beach, FL, 32118

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