daytona condos: Preconstruction is Back… and I am Not Selling it
- 01/24/16 02:46 PM
For several years we do not see cranes. We are sort of tired of not seeing the cranes. I know, it sounds crazy, but this is how many of us feel.
Yes, there are talks about cranes coming to the Beachside in droves, several projects were announced and were supposed to be completed in February 2016, but they have not even started… Like Hard Rock Hotel and Café, 2 luxury hotel towers by Protogroup…
And there are rumors of couple of condo projects… We know that Dimucci is working with the city and we expect to see the cranes relatively soon…
And yet another
daytona condos: Condo-Hotel Market in Daytona Beach Area. 2016 Outlook.
- 01/07/16 08:48 AM
Condo-Hotel Market in Daytona Beach Area. 2016 Outlook.
Before going into specifics and details, let’s have a glimpse at the overall market in Florida. I visited St. Petersburg, Treasure Island, Clearwater 2 months ago and was surprised to see quite a few cranes. Prices are going up, seems like their market is warming up.
2 articles last month mentioned Miami as a place with real estate bubble…
And Daytona Beach area market, while behind, is exhibiting some interesting signs. Seems like inventory is not increasing even though winter is the seasonally our slowest time. And prices for residential condos are holding up. Usually by
daytona condos: This Crazy Ugly Color
- 12/19/15 03:15 PM
We were remodeling a condo on the 10 floor on the ocean, that we bought. It wasn’t the time of our remodeling virginity, as we already have completed two projects for investors, but some innocence was still in the air…
We asked the designer to give us the colors for the walls. He said the colors were the last thing you do. He said everything had to be there, the kitchen, the floors, the doors before he would give us the colors.
So, we pretty much got to that point and the designer gave us 3 options for the Living room. I hate
daytona condos: Understanding Daytona Beach Condos
- 12/03/15 06:47 AM
I received an email. Harry was thinking about buying a condo on the ocean with a good view. He will not live there, but rather come time from time, and would love to rent it when he is not in Daytona.
He is looking for something inexpensive, he will pay cash, and he does not plan to rent.
And while responding to this email sounds easy, it is really not. It is because “inexpensive” usually means condo-hotels, but if you buy a condo-hotel, and not rent it out when you are not using it, it is like buying a plane, and never fly
daytona condos: Choosing a Daytona Condo
- 07/24/15 10:59 AM
Daytona condos differ in many respects, and size, or better say, number of units is one of those.Why the size matters (I am talking about condos, guys)? A short answer is that it is tied to the size of the wallet.
Let us look at two buildings: Aliki Tower and Aliki Condominiums. Built by the same developer, they are of similar age, and even similar look.
Aliki Condominium is a 21-story 120-unit condominium built in 1973.Aliki Tower is a 25-story building with only 23 units taking whole floor. Built in 1978.Usually like in this example the choice is easy because of the huge
daytona condos: Condos In Daytona Beach Shores
- 06/02/15 06:23 PM
When you are thinking about vacation condos in Daytona Area, pay attention to Daytona Beach Shores.
Though there are 68 condos in Daytona Beach and 65 in Daytona Beach Shores, in Daytona Beach Shores all 65 condos can be used for vacation purposes, they are all on the beachside, and in Daytona Beach a lot of them are on the mainland.
When you have 65 condos on less than a square mile on the barrier island squeezed between the ocean and the Intracoastal dotting a 5.5-mile long stretch of the beach, you understand that this is where condos are. After all, this
daytona condos: Daytona Condo Market Yesterday and Today
- 02/28/15 09:15 PM
When we say "Daytona", we usually mean 7 municipalities. They are Daytona Beach, Daytona Beach Shores, Ponce Inlet, Ormond Beach, Port Orange, South Daytona and Holly Hill.
Today we are discussing beachside condo market and we will be using MLS data only for the part of Daytona Beach, which is between the ocean and the Intracoastal, and which is in the 32118 ZIP code.
We are doing it because majority of condos in the area are on the beachside, and there is more commonality between them than between Beachside and mainland condos.
To make it fair, we eliminated one lowest and
daytona condos: Condos for Under $200K in Daytona Beach Shores
- 01/04/15 11:38 AM
Hi, and Happy New Year.
Today our discussion is about affordable condos in Daytona Beach Shores.
5.5-mile long Daytona Beach Shores has major condo concentration of condos out of all other municipalities comprising Greater Daytona Beach area. 64 condominiums on this narrow stretch of beachside. It has, probably, the longest shoreline in the area, and it is not a surprise, that it is heavily dotted by condos from small 2-3-story to 29-story tall.
So, if you are looking for a place on the beach, or across the street from it in this area, Daytona Beach Shores might be your number one place. So,
daytona condos: Oceans Grand Condominium in Daytona Beach Shores. Market Snapshot
- 08/25/14 08:52 AM
I haven’t written about Oceans Grand in a long time, and it is long overdue. So, let’s look at this condominium.
It is in Daytona Beach Shores, behind the new Publix, which is going to open the doors in couple of months after complete tear down and building a new one. Lighted tennis courts, semi-public golf course, all it makes a terrific place to be, and you even do not need a car to live or vacation here.
Anyway, this is one of the last tall buildings in Daytona Beach Shores, that has changed the ordinance and now you can’t build
daytona condos: Ocean Vistas Condos in Daytona Beach Shores. Market Snapshot July 2014
- 06/30/14 10:39 PM
Ocean Vistas Condominium in Daytona Beach Shores, Florida.
Writing market reports about condos in Daytona Beach area is like looking at the surface of water, which is so still that looks like a mirror. There is simply no movement. The market is so still, that it is even surprising.
After starting moving after 2011 and 2012, we thought that it would be gaining speed, especially considering that real estate market in general is moving, and in South Florida is moving quite fast, as well as in many other areas in the nation… but not condos in our area.
I guess they
daytona condos: Has Your Condo Become Bigger?
- 06/18/14 08:36 AM
You Bought The Least Expensive Condo? Congratulations…
Why did you choose this particular condo from all others for sale in the building? Some units are on higher floors and, in addition to the ocean views, have the view of the Intracoastal (Halifax River). Some are direct oceanfront and have more value; some larger; some do not have a dark guest bedroom facing the walkway…
- Oh, you bought it because it was the least expensive unit in the building?
Now, you want to sell it. What do you think would be the biggest reason for a buyer to buy
daytona condos: Condo Buyers. How To Avoid Trouble
- 06/12/14 10:20 AM
Too often people buy a condo, and run into a problem with the Association. And not because they are rude and obnoxious people, or do not care about others, but because they do not know.
- What is there to know?
A lot, but we will concentrate on one issue here:
It is not unusual for owners to think about offsetting some or all of their expenses by renting out their second homes (condos) when they are not using them. However, in Daytona Beach area practically every condo has some sort of rental restrictions. Majority of them are about
daytona condos: Condos at MG on the Halifax...To Buy or Pass
- 06/06/14 08:44 AM
I stopped writing about MG on the Halifax after the new owners came. I was not sure I believed in their quick formulas, and seems like I was right, at least partially, but they adjusted and things have changed to the better…
I was receiving a lot of calls about the project, and noticed that callers would turn to Marina Grande salespeople, and negotiating with them, as they expected better deals from the Seller. They used me to get my opinion. Some of them would call and say that they have an agent and are about to sign a contract, but
daytona condos: After careful consideration...
- 05/30/14 09:38 PM
Yesterday, I ran into one of my old Word files with over a hundred of unfinished blogs, quotes, ideas, and was ready to delete, when I stumbled upon
- After careful consideration we decided to withdraw our offer.
This was the end of 2011. I wrote a post but had not published it then. Everything was fine there, but time added a new angle to the story.
So, my buyers “after careful consideration” withdrew their offer. They rejected a 2,325 sf three-bedroom/three baths condo in direct oceanfront building with sweeping views of the ocean, in a very private setting with
daytona condos: What Are They Looking At?
- 05/22/14 10:09 PM
There is usually a reason why a picture is better than 1,000 words. This is, probably, the case. We can discuss why people buy condos, and how important is size, ceiling height, insulation, amenities, even good association, but if you look at this photo, you would know that these people have not yet noticed the appliances and anything else for this matter. If you ask them whether there is a kitchen in the unit, they would have difficult time answering…
They are saying they are looking for a condo, but are they really? They walked straight to the balcony….
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