oceanside inn: Oceanside Inn. Daytona Beach Shores Premier Condo-Hotel. Summer 2010
- 08/07/10 02:17 PM
It is a busy season in greater Daytona area. South Florida is more a winter vacation area, and we are clearly a summer resort.
I am seeing again plenty of “no vacancy” signs, which I have not seen for quite some time. It is especially busy on weekends.
Oceanside Inn in Daytona Beach Shores is not the exception, and is rather a rule for them. It is good news for the resort, for unit owners. It is a bit difficult for me, as there is hardly a vacant unit to show. Not even those that are actually for sale, but even … (6 comments)
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oceanside inn: 1,061-Day Marathon To Closing...Our Longest
- 07/26/10 04:18 PM
We closed on a condo-hotel unit in Oceanside Inn – a Daytona Beach Shores premiere resort. And it was not a short sale… but it still took us 1,061 days to get to that Closing…
Even those, who are not in distress, eventually start losing faith in the market. My clients are the first buyers in Oceanside Inn. It was the first sale in the resort after the remodeling was done and the sales office opened their doors.
When they came at 8 AM in January 2003 to buy a unit, they had to wait an hour for the sales … (17 comments)
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oceanside inn: Daytona Beach Shores Resort Oceanside Inn in 2010.
- 07/16/10 09:03 PM
Oceanside Inn is the nicest and latest condo-hotel conversion in Daytona Beach Shores. 191-room resort is well maintained and well rented.
This year for Oceanside Inn is more active than last: 3 units sold. All three beat price record. The studio for $34,500 (City view), direct oceanfront studio for $55K, and double unit for $48K. One of those sold by us.
Two units we bought for our clients af the County Foreclosure Auction and they are not reported on MLS.
And there are 5 Contingent and Pending units with 3 of those our transactions.
Of course, it is booming compared to … (7 comments)
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oceanside inn: Direct Oceanfront One-Bdr Condo in Daytona Beach Shores
- 06/13/10 05:15 AM
This is my new listing - direct oceanfront one-bdr condo in Daytona Beach Shores
There are only four condo units on the ground floor of Oceanside Inn, a 191-room premier Daytona Beach Shores direct oceanfront resort converted to a condo-hotel in 2003-2004.
All four ground floor condos are direct oceanfront one-bedroom units. There are several advantages of being on the ground floor:
· 14’-high ceilings
· Your own door right to the beach
· They are hooked to AC system serving first floor and there are not noisy wall AC units
· These units are equipped with full kitchens
Except for … (4 comments)
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oceanside inn: Oceanside Inn in Daytona Beach Shores... What’s cooking?
- 05/20/10 02:55 PM
Oceanside Inn, a premium Daytona Beach Shores condo-hotel (or hotel condo, if you wish to call it this way) was resisting the fall of the market for a long time. When Plaza Resort & Spa was selling for $30s and $40s, Oceanside Inn maintained its lofty status… but you can’t swim against the current for two long… you start drowning.
Units are in different buildings but in the same economy, and are “samely” affected.
There are 9 units currently offered for sale in Oceanside Inn on MLS. This is a very telling number, there were close to 40 just 2 … (0 comments)
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oceanside inn: News About Condos and Condo-Hotels In Florida
- 05/01/10 07:12 PM
Friday morning started with a press-conference in the Conference room of Oceanside Inn, a Daytona Beach Shores condo-hotel.It marked a significant event for condo associations in Central Florida. A week ago Judge Graham appointed David Ryder from Coral Springs, FL to be a receiver after granting blanket receivership to Oceanside Inn Condo-Owners Association.
Attorney for the Association Jason Harrof Jason L. Harr, P.A. explained that this was not the first such court decision in the state of Florida. Receivership has already been granted in Lee, Broward and Palm Beach counties, but this is the first in Central Florida, and it … (2 comments)
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oceanside inn: Oceanside Inn in Daytona Beach Shores. Market Snapshot
- 02/26/10 12:39 AM
Oceanside Inn in Daytona Beach Shores is one of the best condo-hotel resorts in the area. I wanted to write "affordable", but today there is no strict distinction, as you can find deals with similar prices in those, which were considered expensive just a few years ago, like The Plaza Resort & Spa.
The resort is a combination of pretty good physical shape, not the worst condo-owners association (which is a compliment), and one of the best rental management (which is not an exaggeration), and just the amenities that are needed but not a huge and unjustifiable burden on the owners.
… (1 comments)
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oceanside inn: Buying A Condo-Hotel In Daytona Beach Area. Will I Get Screwed?
- 01/30/10 07:27 AM
Buying A Condo-Hotel In Daytona Beach Area. Will I Get Screwed?
I recently interviewed James Dion (Buying a Condo-Hotel in Daytona Beach Area. Interview With GM), the GM at Oceanside Inn in Daytona Beach Shores. I still get questions about it, so I went to James again, and since I am in the same building with him (we opened our branch office in the lobby of Oceanside Inn) it is very easy to do. I asked him to explain how the rotation works. He invited me behind his desk, put his best business look on the face, typed something on the keyboard, so that I could see … (8 comments)
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oceanside inn: Welcome Home! Oceanside Inn - Daytona Beach Shores
- 10/28/09 06:03 PM
Welcome Home!Welcome to Oceanside Inn - Daytona Beach Shores
I had a closing today. One that was traditional and that we now do not have very often. Sitting at the table with the Closing agent and the Buyer felt like a thing from the past. We still did not have the Seller and seller's agent at the table, but this was REO and I did not expect the agent to come.
The unit is direct oceanfront. It is the south east corner, so in addition to all the view directly to the ocean, it also has panoramic vistas south up to New Smyrna … (8 comments)
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oceanside inn: Oceanside Inn in Daytona Beach Shores. Premier Condo-Hotel Resort
- 09/15/09 05:47 PM
Time for the update for Oceanside Inn in Daytona Beach Shores. Premier Condo-Hotel Resort Oceanside Inn is one of the best condo-hotels in Daytona Beach Shores. This 192-room oceanfront resort was the last conversion before the price hike, therefore it was holding the ground pretty well, but economy sliding down caught up with it and today you can find deals for way less than what they were sold by the developer. The resort is well set up for a condo-hotel. It is not surprising. John Rainey, the developer, is probably the most experienced condo-hotel conversions developer with Oceanside Inn being his … (4 comments)
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oceanside inn: Oceanside Inn. A Condo-Hotel in Spring 2009.
- 04/04/09 04:18 PM
It is April already. Time to check on the Oceanside Inn - a condo-hotel on the Atlantic Ocean in Daytona Beach Shores.
9-story condo-hotel is home to 191-room resort right on the Atlantic Ocean. End of last year was tumultous for the property, but many people did not understand what happened there. And what happened was the control of the property shifted from a professional management company to the board that is a well intentioned clueless people.
Sales pretty much died in the ceanside Inn. A few short sales in the resort, with double units from $75K, whihc is half of what it cost from the developer … (2 comments)
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oceanside inn: Buying a Unit in Oceanside Inn. Questions & Answers
- 10/03/08 05:17 AM
Larry saw the listing on Realtor.com. I have sent Larry the information about Oceanside Inn in Daytona Beach Shores, including a few links to the blogs on Localism about this property.
Here's the e-mail from Larry:
"jon,thanks for the information. do you have any idea what the occupancy rate is? what is the split with the resort on rentals? what is the split if i provide the rental? i am very interested in this property. have you any idea what the availability of mortgages is for a condotel? what down payment can i expect? as you can see i have a lot of questions.
thanks"
… (2 comments)
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oceanside inn: Oceanside Inn, Unit 320
- 09/27/08 05:07 PM
Great deal on this double unit on the North Side of Oceanside Inn. Very good view of the ocean from both units. Floor-to-ceiling windows make it light and airy.
Unit has two separate studios with separate entrances and the door between them. LOWEST PRICED DOUBLE Unit in the building. You can use it yourself or rent it out to help you pay for the bills.
Great property with strong rentals and strong management team. Amenities include pool, Tiki bar and restaurant with bar. Conference rooms could be rented. On-site rental management.
… (0 comments)
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oceanside inn: Oceanside Inn, Unit # 413
- 09/26/08 09:37 AM
Oceanside Inn, Unit 413
Largest direct Oceanfront condo-hotel unit with panoramic views of the Ocean on the East and the beach South all the way to New Smyrna Beach.
547 sq. ft. unit is very clean and airy. Floor-to-ceiling glass wall facing east and south. Management on site, very good rentals.
Property, converted in 2003-2004 is one of the best run condo-hotels in the area. Stable Board, experienced and diligent management company, good clientele...
… (3 comments)
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oceanside inn: Oceanside Inn, Unit 716
- 09/26/08 08:59 AM
This unit is offered for $30,000 less than the next oceanfront unit in Oceanside Inn. Best priced direct oceanfront corner studio. 496 sq. ft. corner unit with terrific ocean view and view to the North. Amazing vistas from the unit all the way to the Main Street Pier. Unit is fully furnished. Small kitchenette with microwave, fridge, coffeemaker and sink. The resort was converted to condo-hotel in 2003.
… (0 comments)
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oceanside inn: Oceanside Inn. Market Snapshot
- 09/18/08 06:19 PM
Oceanside Inn. September 2008.
… (0 comments)
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oceanside inn: Below Market Deals In Oceanside Inn
- 08/07/08 07:17 PM
Guys (abbreviation for Ladies & Gentlemen),
The market is at its low (and maybe the lowest point), which makes it terrific time the buyers. It's the hunting season in Real Estate.
This is our No BS newsletter. We are not sending a BS newsletter as we figured that we can't compete with the media.
If you are OK with what we are sending, enjoy reading (and buying). I promise, we will be getting better. If you do not want the No BS newsletter, just let us know and we will immediately comply by manually (alas!) deleting it from our most precious … (2 comments)
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oceanside inn: Oceanside Inn Resort. A Condo-Hotel Market Snapshot
- 06/28/08 02:27 PM
Oceanside Inn Resort
1909 South Atlantic Ave., Daytona Beach Shores, FL 32118
This 191-room Condo-Hotel is a mile south off Rt.92 on Atlantic Ave. This direct Oceanfront Condo-Hotel was converted to condo-hotel from Days Inn hotel in 2003- 2004. This was the last condo-hotel conversion before the market went crazy.
In a slow and still slowing local business market this Condo-Hotel is actually doing even a bit better than last year. ou can see it in reduced number of units for sale (20 units today from $89,000 for a handicap studio to $279,000 for a one-bdr first floor direct oceanfront … (0 comments)
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oceanside inn: Direct Oceanfront Condo-Hotel Studio (Unit 814) in Daytona Beach Shores
- 04/12/08 04:23 PM
… (0 comments)
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oceanside inn: Oceanside Inn
- 10/03/07 05:43 PM
OCEANSIDE INN, DAYTONA BEACH SHORES, FLORIDA
Built in 1973 and completely remodeled in 2003. 4th condo-hotel developed by John Rainey, and so far his best. Used to be a 195-room Days Inn. Was shut down because of the unsafe balconies, and the owner, who ran it down to the ground, sold it to the developer cheap. Rainey had just completed conversion of Hawaiian Inn, the market got a little better, and he could afford to create a better quality property.
Major renovations were competed and the last units were sold just couple of months prior to Hurricane Charley, followed by Frances. G-d swiftly provided quality control, the … (0 comments)
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It is a busy season in greater Daytona area. South Florida is more a winter vacation area, and we are clearly a summer resort. 
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