daytona condos: Condo Fees and "Gestapo" Boards - 02/04/18 08:17 AM
I am a condo broker and in my world every property has HOA. Well, not technically a HOA, but rather Condo Owners’ Association, or COA, which is very similar.
What this really means is that every owner is a member or a mandatory association.
Now, when you read anything on Active Rain about condos, comments often mention “Gestapo” Boards, exorbitant fees, and other similar stuff.
So, is there any truth to all?
I have been to a lot of Board meetings in a lot of buildings. I have read a lot of condo declarations. I live in a condo, so it affects me personally.Let's … (0 comments)

daytona condos: Ponce Inlet Condo Market on New Year Eve - 12/31/17 05:39 PM
Last couple of hours before the end of 2017, and it is time to look at the market in general and in specific areas. This statistical data is related to Ponce Inlet Condo Market. To familiarize yourself with Ponce Inlet, follow this link.
Click here to read the Summary about the status and the trends of condominium market in Daytona Beach general area.
This is a glimpse at Ponce Inlet Condo Market. ZIP Code 32127.
For this report we are counting all condo buildings in Harbour Village as one, thus there are total of 27 condominium Buildings in Ponce Inlet with 1,835 condo units.
AreaPonce … (2 comments)

daytona condos: Daytona Beach Condo Market. End of 2017 - 12/30/17 08:29 PM
It is the end of the year, and it is time to look at statistical data related to Daytona Beach Condo Market. Click here to read the Summary about the status and the trends of condominium market in the area.
This is glimpse on the condo Daytona Beach Condo Market. Not greater Daytona, just Daytona Beach itself. ZIP Codes 32114, 32117, 32118 (this ZIP is shared with Daytona Beach Shores) and 32119. While 32118 is shared with Daytona Beach Shores, we excluded Daytona Beach Shores data from this statistical report.
There are total of 77 condominium Buildings in Daytona Beach with 6,270 condo … (4 comments)

daytona condos: Too Good To Be Too Good - 07/31/17 07:34 PM
Too Good To Be Too GoodMarina Grande on the Halifax (aka MG on the Halifax) is a two 26-story towers (no 13th floor, though) in Holly Hill is the only Miami-style condominium in the area. It feels like Miami, it looks like Miami, yet, it is still not Miami.
The towers hit crisis at the worst possible time, investors ran from it, some lost their sizable deposit and in a matter of several months the completed project turned into a ghost house.
But those scary times are over. Life is back to Marina Grande. More than half units sold, a lot of them … (6 comments)

daytona condos: Oceans Eight Condominium Market Snapshot. April 2017 - 04/22/17 01:23 PM
Oceans Eight Market SnapshotOceans Eight Condominium was built in 1996. It is one of the latest built condominiums in the Oceans Family of 15 condos in Daytona Beach Shores. Built by Bellmead Development Corp, this 21-story 168-unit oceanfront condominium is a popular and generally more expensive together with Oceans Six, than a few other condominium buildings on the beach in the Oceans.
It is a popular building and having an indoor pool in addition to an outdoor pool. It is sister building to a smaller oceans Six, but the amenities, the layout of the units, and even the look of the buildings … (2 comments)

daytona condos: Kingston Shores Condos in Ormond Beach, FL - 04/20/16 11:32 AM

If you take A1A, which is also called Scenic Highway, north from Granada Avenue towards Flagler County line, for six and a half miles you will be watching the mixture of everything.
Magnificent oceanfront homes on the beach, all type of houses on the west side of the road, mid- and high-rise condos on the ocean, rows of unpretentious midrise condos across street from the ocean… Then the beach narrows and there is nothing east of the road, but the ocean…
And then you come to a 534-acre North Peninsula State Park, all structures end and you drive another nearly 3 miles with … (3 comments)

daytona condos: Halifax Landing Condos in South Daytona, Florida. April 2016 - 04/13/16 04:26 AM
Halifax Landing was one of the last completed condominium buildings, "coceived"  in the peak years of real estate boom, and it was completed at the early stages of the recession, in 2008. Investors did not close, and sales were very sluggish.
Then they hired the same company, which was hired to sell Marina Grande on the Halifax, and for some strange reason they successfully sold Halifax Landing, but did not have any luck with Marina Grande.
Halifax Villas are on the west side of Intracoastal. Gorgeous vistas of Daytona Beach Shores' skyline from every unit in the building. 10-minute drive to the beach.
188 … (4 comments)

daytona condos: Aliki Atrium Condominium in Ormond Beach, Florida - 04/10/16 12:17 PM

Aliki Atrium is an interesting building. Very unusual and so uncharacteristic for Andy Xepapas, the developer of all these condos, which bear the name of his beloved wife – Aliki.
Tell me that real estate is not about love...
Built in 1980, this 7-story building with units on 3 levels is a very private one with only 27 really spacious units. And, of course, the glass Atrium with glass elevator only adds to the ambience…
One unit was sold in Aliki Atrium since January 1, 2015. And it was a crazy price paid for a 3-level unit with 3 bedrooms and 4.5 bathrooms, … (14 comments)

daytona condos: Fountain Beach Resort In Daytona Beach. April 2016 - 04/01/16 01:59 AM
Fountain Beach Resort
This 148-room condo-hotel in the heart of Beachside is an interesting story. While we see decline of some fancier and glitzier condo-hotels, struggling with the market plus objective and subjective issues, Fountain Beach Resort is doing quite fine, as if it is in a different market whatsoever.
There were too many things that were supposed to work against them: owning Front desk, owning Bar and restaurant… things that usually topple condo-hotels, and Fountain is not simply surviving, it is prospering, and this is amazing.
I was the one, who was always very skeptical of a condo-hotel, operating in this manner. I … (1 comments)

daytona condos: Preconstruction is Back… and I am Not Selling it - 01/24/16 06:46 AM
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 … (33 comments)

daytona condos: Condo-Hotel Market in Daytona Beach Area. 2016 Outlook. - 01/07/16 12:48 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 … (2 comments)

daytona condos: This Crazy Ugly Color - 12/19/15 07:15 AM
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 … (12 comments)

daytona condos: Understanding Daytona Beach Condos - 12/02/15 10:47 PM
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 … (8 comments)

daytona condos: Choosing a Daytona Condo - 07/24/15 03:59 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 … (6 comments)

daytona condos: Condos In Daytona Beach Shores - 06/02/15 11:23 AM
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 … (5 comments)

daytona condos: Daytona Condo Market Yesterday and Today - 02/28/15 01:15 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 … (10 comments)

daytona condos: Condos for Under $200K in Daytona Beach Shores - 01/04/15 03:38 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, … (4 comments)

daytona condos: Oceans Grand Condominium in Daytona Beach Shores. Market Snapshot - 08/25/14 01:52 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 … (1 comments)

daytona condos: Ocean Vistas Condos in Daytona Beach Shores. Market Snapshot July 2014 - 06/30/14 03:39 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 … (3 comments)

daytona condos: Has Your Condo Become Bigger? - 06/18/14 01:36 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 … (4 comments)

Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices (Daytona Condo Realty, 386-405-4408) Ambassador large

Jon Zolsky, Daytona Beach, FL

Buy Daytona condos for heavenly good prices

Daytona Beach, FL

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Daytona Condo Realty, 386-405-4408

Address: 119 S Palmetto Ave., Suite 231, Daytona Beach, FL, 32114

Office: (386) 255-5355

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