daytona condos: When Being an SOB is a Good Thing
- 01/14/14 11:04 PM
I specialize in beachside condos.
I know some of the Association property managers, which are on-site, and some of them know me.
Usually, it is very helpful. Makes life easier.
This happened couple of years ago. I sold several units in this luxury beachside condo in Daytona Beach Shores. I have a lot of photos taken there, it is a beautiful building. However, working on a virtual tour, I noticed that I did not have a good photo of their clubroom.
So, I took my Canon with extra lenses and a flashlight, and went to the building. I know a
daytona condos: The Address That Does Not Exist OR The Hidden Treasure...
- 01/13/14 01:28 PM
This is one of those "did you know?" kind of posts...
There is a listing in this beautiful condo building. Everything is fine, but when you click on the parcel ID, the county property appraiser’s page opens with “No parcels were found including the following search criteria: Parcel ID #_________________”
By the way, the parcel ID looks fine, and absolutely real… I went to county Property Appraiser's page and checked all units, and no, I could not find this one. There is no record of this unit. This condo does not seem to exist... There are units under and above, but this
daytona condos: If You Want To Sleep In Your Bed Tonight..
- 01/11/14 06:22 PM
I am a condo dweller. I lived in a house and it was eating me alive. All this lawn mowing, trimming the bushes, or getting pine needles off the lawn…
This is not the ideal living for me. Condo is for me. And my clients are condo buyers. Many of them are moving to Florida in their mature years, and if they want to be on the beach (and they do) for reasonable amount of money, it means condo.
However, many of them never lived in a condo before, and there are some challenges.
You buy a condo on
daytona condos: Buyer’s Shoes Too Tight?
- 01/08/14 04:22 PM
Are Your Buyer’s Shoes Too Tight?
I am reading blogs about condos. Even if these condos are in other cities and other states. I specialize in condos, and I like to know what other agents do.
So, here is a blog post about a condo in a city where I have never been. There is information about the height, number of units, general location, some amenities. They have tennis court, and this is wonderful. There is an indoor and outdoor Jacuzzi , nice size pool…
But I can’t find any mention about the prices, not even the idea. I can't find
daytona condos: Long Live The Condos!!!
- 01/05/14 04:36 PM
There are 325 condominium buildings in greater Daytona Beach Area. Quite a number, isn’t it? But when was the first condo actually built in Daytona Beach? Did we have condos 100 years ago? No, we didn't.
First condominium buildings in Daytona Beach were:
Bellair Condos (1963),
Pendleton Club (opened doors June 15, 1963),
Landmark condominiums (June 30, 1963).
The new concept proved popular, and majority of area condos were built in the next 10-15 years. This was the time of conquering the Beach. Daytona Beach only had few expensive single family homes and motels/hotels, and here came the construction boom, and
daytona condos: Should I Buy A Condo in MG on the Halifax?
- 12/22/13 10:41 PM
I have not written about MG on the Halifax, which is a castrated version of the original name “Marina Grande on the Halifax”. Actually I have not written about them since the new owners took over unsold inventory. It is more than 2 years since the new owners came, but I still get calls from people who read my blogs.
The question I hear now is “should I consider buying a unit in MG on the Halifax now?”
Times have changed. Legal problems of the past, which were preventing sales in the resort, are no longer a problem for the
daytona condos: Outer Real Estate World...
- 12/11/13 10:20 AM
Couple of years ago, when the market was scraping the ground, and, probably, even digging it, my client bought a condo. A wonderful unit in older riverfront very well built building...
They liked it, so a few months later they made an offer on another unit there. It was a short sale, but it was not going anywhere. Either the agent was not cooperating, or the Seller, or both.
Then the Listing agent left town. New agent took over. It was dead again. And then the «new» Listing agent retired and the listing went yet to another agent. By this time
daytona condos: Love Dogs? Get Yourself A Cat!
- 11/24/13 02:16 PM
You are a dog person. And you like the ocean. So you are buying a condo on the ocean.
So far, so good.
The seller has 2 large dogs, and you imagine your furry friends in this oceanfront unit … But would you be allowed to have large dogs? Even one large dog?
If the condo has changed the pet policy to a more restrictive one (and I never heard about changing anything to more liberal), the Seller, if s/he purchased the unit before the change, will be grandfathered, but the Buyers would have to abide by the new policy.
daytona condos: Outsourcing Personal Touch...
- 11/12/13 09:40 PM
Often time when the condo goes to foreclosure, we need to know how much is owed to the association, so we call Association managers.
That’s exactly what I did when a 2-bedroom beachfront condo was scheduled for foreclosure auction. I never personally met Marisa, who is a real estate agent and CAM (Community Association Manager), who managed the Association of this tiny oceanfront condo community, but I spoke to her on several occasions in similar situations, and I had a very good feeling about her.
She said that she was no longer managing this property, and she gave me the name
daytona condos: Am I Missing a Zero?
- 10/31/13 09:59 PM
The door opens and a couple in the early 40s walks in. They are smiling; they just saw something very funny. They tell us that we have something very wrong on our marquee sign at the resort.
I go out, carefully check the sign with “condos for sale from $35K” and do not find anything wrong. I return and tell them that I did not find anything wrong with the sign. They are surprised, look at each other and then say “it is missing a zero. Shouldn’t it be $350K?”…
No, $35K is correct. Heck, if we could be selling them
daytona condos: A Loss? A Gain?
- 09/13/13 10:38 AM
I do not compete for listings, I list when my previous clients ask me to. So, it was a surprise after I met and spoke at length with one of my former clients, who decided to sell his other condo, that he listed it with another broker.
A surprise was because last time we dealt with his other unit, we came representing the Buyer, but in a very complicated short sale the buyer walked away, but then the Seller figured that he would rather have the chance with us and relisted it with our company. So, we were a second brokerage
daytona condos: When You Live By The Ocean...
- 07/11/13 02:06 PM
When you live by the ocean, you live by the ocean, and not just by the picture perfect postcard of azure waters, white sand, and sun in the blue sky...
It can be angry black, destructive, noisy, it can swell... It can be much more than just unpleasant. It can be deadly...
Living by the ocean means accepting living next to one of the most powerful nature forces.
While we acknowledge and welcome change, nature is changing as well. Climate changes (and it used to do it even before the new administration), we are constantly moving, evolving, and though some
daytona condos: Royal Atlantic Condominium
- 05/26/13 07:11 AM
Royal Atlantic Condominium
3743 S Atlantic Ave, Daytona Beach Shores, FL 32118
Direct Oceanfront Penthouse 2 bedroom/2 bath completely renovated condo. Panoramic views to die for. Very stylish, contemporary unit with super cool bathrooms, dream kitchen with white Quartz countertops, modern lighting…
One of the nicest condos on the market at a very reasonable price. $329,900
Yes, this is now. When we bought it for the investor a little less than a year ago, it was very different. We ended up gutting the whole unit and even had to replace the drywall on the walls to make them
daytona condos: And Why Hasn’t It Been Sold Yet?
- 05/25/13 05:05 PM
And Why Hasn’t It Been Sold Yet?
I hear this question quite often. It is like “hey, it is for sale, so it’s been on the market for a month, and hasn’t been sold, and why is that?”
- Hey, it was waiting for you.
I can’t give you a better answer.
I could never understand this question. If it is good, why hasn’t someone validated it by buying it? Yes, check those sold in the last month. They were validated. You might be lucky it does not happen faster, as this means YOU CAN BUY IT.
daytona condos: Morning on the Beach in Daytona Beach Shores
- 05/12/13 07:46 PM
I usually take my long walks on the beach in the evening, when the sun is low, and UV exposure is at a minimum. But today I went to the beach at 9 in the morning, as in the evening we are eating out with the family celebrating Mother’s Day.
The park in Daytona Beach Shores where I go was still not packed, and I had no problem parking the car.
The weather is what you can dream of: low 80s, slight ocean breeze, light clouds covering the sun to give rest to our skin…
As I was making my
daytona condos: Daytona Beach Shores Condo Market. April 2013
- 04/07/13 11:36 PM
So, what is happening on the condo market?
There are currently 27 condos for sale in Daytona Beach Shores, which are priced between $100K and $200K, 40 units priced between $200K and $300K, 13 condos priced between $300K and $400K, 1 between $400K and $500K, and 2 units are priced higher than $500K.
The smallest number is for one-bedroom condos: only 11 one-bedroom condos for sale in Daytona Beach Shores at this time. It is not that there is more demand for one-bedroom condos, than for 2- and 3- bedroom inits, it is because there are fewer one-bedroom condos in
daytona condos: If the price is right...
- 03/31/13 01:43 PM
What does it really mean? How do you know that the price is right? Does it mean that it should be the lowest possible price?
Are you watching the media and are waiting for the signs of market coming back? Is the media the source of your confidence?
Because if yes, then you only see it when it is gone. That's when you have the statistical data that prices at certain time were lower than today.
Is it a good time to buy? You pay a few dollars more, but you have the confidence in the market, you are not
daytona condos: Would You Sell for Yesterday's Price?
- 03/31/13 10:41 AM
The biggest “flaw” of the Real Estate market is that time and price are tighter than a great marriage. We want to buy today at yesterday’s price and we want to sell today at tomorrow’s price (or at any other time when the price was great). And we are never happy with today.
This is why in the slowest market of 2011 buyers were lookers. No matter how ridiculously low the prices were, no matter how much sense it was making to buy for about half per sq. ft. of luxury condos than what it cost developers to build, there was
daytona condos: It’s All About Supply And Demand
- 03/25/13 07:54 PM
It is always about supply and demand.
Take, for example, our area. Today on the stretch of Beachside covering Ponce Inlet, Daytona Beach Shores, Ormond Beach and Ormond-by-the-Sea there are 214 two-bedroom condos for sale on MLS. If my memory serves me well, there were just under 700 two-bedroom condos for sale 5 years ago, and only in Daytona Beach Shores, in the Oceans Complex alone we had 226 two-bedroom condos for sale at that time…
However, there were only 77 two-bedroom condos sold on this stretch of Beachside 5 years ago. Which means that there were 77 buyers for all
daytona condos: Condo-Hotels. From Great to Crap
- 03/19/13 02:05 PM
The e-mail I received was not from the buyer, it was from the vacation renter. On the Internet he found a deal directly from the owner for an oceanfront unit with a kitchen and only for $59 a night plus tax. What a deal.
However, he wanted somebody to confirm for him that it was a nice place, and in his search ran into me. He said I was a condo-hotel guru, so he wanted my opinion.
I could have an easy way out, just say that I can't render an opinion on rental as I am doing sales, but I