Vadim Zolotarevskiy's Blog

1,000-mile difference.

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Fri, 12 Apr 2013 21:22:33 -0700

I spoke to a friend in New York today, and asked her about the weather. I was sure that the winter was gone, and finally they have warm weather arrived. That’s what I saw on so many posts on AR, meet-ups were wonderful and the weather was great.

She surprised me saying that that it was unpleasant at best.

What a difference 1,000 miles makes. We had a windy and cloudy weather, but the temperature reached 87F on the beachside, and the water temperature was 68. And, of course, plenty of people in the waves.

We do not have a long period of comfortable mid 70s. Couple of weeks, and then it is humid and hot Florida weather.

It Is Freezing Warm

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Fri, 04 Jan 2013 18:25:27 -0800

How funny could this be?

Some people say it is warm, and some people say it is cold.

Same day, same place, same weather.

I am sure it wouldn’t be that difficult to figure out who is a Floridian in this photo.

The photo was taken in Daytona Beach Shores. The difference is that those in the water are on vacation from Michigan, and a dressed up lady in the foreground is my mom, and she’s been in Florida since 1996.

Yes, it is a nice warm day, unless you are a spoiled Floridian (lol)

Wings and Waves Air Show in Daytona Beach

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Mon, 15 Oct 2012 15:47:10 -0700

October 13 and 14 Daytona Beach was awaken by the roar of planes from vintage planes to F-18, barraging the skies above the ocean. Weekend was a huge success with this show, which is the latest addition to Daytona's fun and entertainment.

The show, sponsored in part by Embry-Riddle Aeronautical University, became a regular event happening every second year. It was fun and success last year, but it was a much bigger event this year.

Here is a photo of F-18 in Daytona sky taken on Sunday.

Why I Don’t Like Alberto

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Sun, 20 May 2012 16:51:15 -0700

I do not like Alberto because it is the first named Tropical Storm of the season in the Atlantic, and the season has not even started yet. I do not like storms and Hurricanes, and so I do not like Alberto. I will not like the second any better.

Alberto will not really affect East Central Florida, it will affect South Carolina, but it reminds me of the storms and even Hurricanes (possible) ahead.

For the few days it is very windy and the tide is hide, making it not very pleasant on the beach.

Hope we will not have another 2004 here with 4 major Hurricanes.

Photo by Karsun Designs via Flickr.com

Turkey Rod Run in Daytona Beach

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Sat, 26 Nov 2011 15:54:12 -0800

Daytona is bustling again. It is the last big event of the year, Turkey Rod Run, the biggest antique car show in the nation (at least that's what I read).

Every year at Thanksgiving the streets are lined with these oldies, shining and glimmering in the sun. They are so cute.

All over the area there are car shows. People bring their cars form all over the country. I saw 2 Austins today from Maine.

Hotels are full, people are out in the streets, the weather is perfect, sunny, blue skies and white clouds.

And this unmistakable roar of old engines.

Call me 386-405-2156 if you are looking for condos in greater Daytona area

The One That Got Away – Through No Fault of Mine

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Fri, 25 Nov 2011 14:41:41 -0800

Both the blog and the comments are very interesting. I too believe that there is usually no reason for many demands. Like cashiers asking you for your address and phone number when you buy anything from Best Buy and other stores.

Will you not sell it to me without knowing where I live? And if you refuse to give it to them, they say that it is the system that requires it.

Do I work for your system? Do we all work for their systems?

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

The One That Got Away – With No Fault of Mine

It started as a short sale as some others. We helped a client, from New York, and she referred her friend Jennifer to us.

It was all pretty usual stuff. The Sellers forwarded us all the documents, after we secured the contract.

It was the Bank of America, so we were working via Equator. And one day the task required information from the Buyer, like Equator asks every time, and one of the pieces was the first 5 digits of Social Security number.

Forwarded to the Buyer, and, unexpectedly, the Buyer refused to provide this pice of information.

Why on earth does the buyer to give any information to the Short Sale Lender? It is a cash deal, so what is their freakin’ business?

I tried to explain that this is not a matter of choice. If we do not provide it, there would be no deal. And that he did not have to put the whole number, but only first 5 digits.

Instead of calming him, it added fuel to the situation. The Buyer said that the bank was playing him, as everyone is using last 4 digits, and only the lazy one does not have the last 4 digits. Here the Lender wanted 5 first number, so this effectively gives them the full number.

I did not tell him that he needed to trust the bank. Why? I myself do not get why Bank of America need to know all that (or anything at all for that matter) about the Buyer.

And also, I could not tell him to trust the Bank. Why? Because I don’t trust them myself…

Yes, there is no fault of mine here, but there is still a lesson to learn. I now tell every Buyer or ask the Buyer’s agent to tell their client upfront that the Lender can make stupid or possibly unreasonable requests, and if they will feel offended and will go on the defensive, they should not enter the short sale.

Can anybody give a reasonable explanation why the Lender needs that information about the Buyer?

Does reasonable explanation even exist?

Photo via Flickr.com Creative Commons by taberandrew

Beautiful Townhome in Pelican Bay in Daytona Beach

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Wed, 10 Aug 2011 15:12:01 -0700

This beautiful updated town home in Pelican Bay in Daytona Beach is the lowest priced 3-Bedroom there at only $94,900. 2 levels with bedrooms and two baths on the second floor and Living, Kitchen, Dining, and breakfast Nook with a half bath on the first. One car attached garage, front and covered back patios and it backs up to a canal. Lots of updates from new carpet, tile and paint. Shows beautifully, what esle can you ask for? Amazing property in the golf community!

Vadim | FunCoast Realty & Mgmt. LLC | zolavadim@yahoo.com | (386) 405-2156

132 Surf Scooter, Daytona Beach, FL

Beautiful and spacious Town House in Pelican Bay for only $94,500!!!

3BR/2+1BA Townhouse

offered at $94,500

Year Built	1981
Sq Footage	2,059
Bedrooms	3
Bathrooms	2 full, 1 partial
Floors	Unspecified
Parking	1 Car garage
Lot Size	3,000 sqft
HOA/Maint	$303 per month

DESCRIPTION

Charming, private and open 3 Bedroom 2.5 Baths Canalfront Townhouse in Pelican Bay. Two stories with open staircase leading to the bedrooms Upstairs. Master has its' own Bathroom suite and two others share a bathroom on the second floor while there is a half bath downstairs. Large family room with high vaulted ceilings and brick fireplace, newly tiled floors in the living, dining, and kitchen on the first floor. Backyard backs out to a canal framed with trees. Great location close to the main gate and access to the Highways and local shopping and dining. Only 10 minutes drive to the beach. Great starter home or a place for young professional family.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Tile floor
- Family room	- Dining room	- Breakfast nook
- Laundry area - garage	- Balcony, Deck, or Patio	- Yard

COMMUNITY FEATURES

- Guest parking

- Clubhouse

- Golf course

ADDITIONAL PHOTOS

Photo 1

Photo 2

Photo 3

Photo 4

Photo 5

Photo 6

Contact info:

Vadim

FunCoast Realty & Mgmt. LLC

zolavadim@yahoo.com

(386) 405-2156

For sale by agent/broker

Equal Opportunity Housing

Posted: Jul 25, 2011, 8:51am PDT

Top Ten on Olympus

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Sun, 15 May 2011 03:08:13 -0700

We got a round jubilatory number on AR. With Maureen McCabe AR has now 10 members on blogging Olympus. Each of these ten is an avid blogger. There point count is beyond belief. And there is quite a group that is getting closer to crossing the million points line. Olympus is getting busier and busier.

Let us applaud the first 10 AR Champions:

#1 Todd Clark	1,358,886
#2 Lenn Harley	1,304,027
#3 Russel Ray	1,262,439
#4 Patricia Kennedy	1,175,462
#5 Judi Barrett	1,157,925
#6 Jeff Dowler	1,099,019
#7 Steve Hoffacker	1,069,835
#8 Richard Weisser	1,048,029
#9 Nestor & Katerina Gasset	1,043,326
#10 Maureen McCabe	1,024,176

Winning by Being Smarter

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Sun, 14 Nov 2010 01:21:16 -0800

A few minutes ago the boxing match between Manny Pacquiao and Antonio Margarito ended with unanimous decision. All three judges score the bout for Manny Pacquiao. “The judges' scores: 120-108, 118-110 and 119-109, all for the Pacman.”

So, what a big deal? Well, this was a remarkable bout in many aspects. The match was between unequal boxers. Margarito is bigger and stronger. At yesterday’s weighing he was at 150 lb, and Pacquiao came at even less then expected, only 144.6. Margarito was expected to gain weight to 168 lb, while Manny stayed at 144.6.

This is a huge advantage for Margarito. And Antonio is much taller. The whole thing really did not look good for Manny Pacquiao.

And this is exactly what separates ordinary from the extraordinary. Manny speed, excellent lateral movement, and superior boxing abilities helped him to dominate the most vicious opponent in the ring that he ever had.

He ended the bout and looked the same way he walked into the ring. He was smiling.

Antonio Margarito’s face was a bloody mess, with one eye practically shut, terrible cut… He went through the grueling war.

Manny Pacquiao made another step to become the legend.

I salute him for winning against the force by being more effective, faster, and better prepared. A smarter boxer.

Sounds like a winning recipes for any sports, or any profession, including Real Estate.

* Image courtesy of americanistadechiapas via Flickr.com

Beautiful Home in Venetian Bay in New Smyrna Beach

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Fri, 17 Sep 2010 22:38:29 -0700

This home is in one of the nicest development in New Smyrna Beach. A large neo-traditional development boasting single family homes, town homes, golf estates, condominiums is in Venetian Bay, just west of I-95.

This lakefront pool home is light and open. It is in immaculate condition and is waiting for you.

Lakefront House in Venetian Bay

Overview
Maps
Photos
Features
Description
Neighborhood

$299,900

Single Family Home

Main Features

3 Bedrooms
2 Bathrooms
Interior: 2368 sqft
Lot: 14,560 sqft

Location

3565 Maribella Drive
New Smyrna Beach, FL 32168
USA

To get updates on open home dates and other property events, please click the "Like" button below:

FunCoast Realty LLC
(386) 255-5355
jon@Atlanticcondos.com
http://www.BeautifulFlorida.com

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Condos In Daytona Beach Shores

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Thu, 24 Jun 2010 23:59:32 -0700

Daytona Beach Shores is a home to quite a few condos in the area. Largest group of condos here is The Oceans. The Oceans are right across from the City Hall, Publix Plaza and Walgreens Pharmacy and continue up North to Tuscany Shores condominium.

The Oceans feel like a small town with some city living comfort and flavor - a very friendly small beachfront city.

Older Oceans buildings go from Oceans One to Oceans Ten, for some reason missing Oceans Nine, - all by one developer, Bellemead Corp.

In addition to the original nine Oceans which are all direct oceanfront buildings, there are also two twelve-story Oceans Atrium and Oceans Atrium One, and there are two newer 21-story condo towers at 1 Oceans West Blvd., which are surrounded by executive 9-hole Golf Course, set between the Intracoastal and the A1A (Atlantic Avenue). The latest addition to the Oceans is Oceans Grand - a 187 unit 21-story condominium completed in 2006.

Majority of them have completed concrete restoration, replacing rusted balconies, some have replaced elevators, and some are in the process of doing it. Rental restrictions differ and you should not be surprised that the minimum can be 3 months. Yes, you can rent it, but renting 4 times a year will hardly make you rich.

There are two more buildings further North: 7-story Cloverleaf South and Cloverleaf North named for the four wing design with circular garage in the middle. You can park on your floor and this way you do not have to deal with carts in elevators.

There are quite a few other condos in Daytona Beach Shores built by other developers. Some are more luxurious and are nicer than any of the Oceans, but The Ocean still define the face of this beachside small city of Daytona Beach Shores.

Condo Living in Daytona Beach Shores

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Thu, 27 Aug 2009 00:45:37 -0700

Daytona Beach Shores is a home to quite a few condos in the area here and has a variety different styles, sizes and amenities in all the condos built by different developers with different ideas of conveniences, amenities and style. Largest group of condos here is a row of buildings on the Oceanfront known as the Oceans. These high rises are now home to majority of the residents of Daytona Beach Shores. Oceans are stretched along the shoreline right across from the new City Hall, Publix Plaza and Walgreens Pharmacy and continue up North to Tuscany Shores condominium. Oceans have a perfect sense of a small community nestled in the center of a very friendly small beachfront city. Immediate closeness to the beach, shopping, major highways gives it's residents and visitors tons of things to see and to do.

Older Oceans are named by numbers: from Oceans One to Oceans Ten, for some reason missing Oceans Nine, - all by one developer, Bellemead. In addition to the original nine Oceans buildings which are all direct oceanfront buildings, there are also two twelve-story Oceans Atrium and Oceans Atrium One, sitting between Oceans Three and Oceans Four, then there are two newer 21-story condo towers of Oceans West that are located on the 9-hole Golf Course between the Intracoastal and the A1A (Atlantic Avenue). The latest addition to the Oceans is Oceans Grand - a 187 unit 21-story condominium built in 2006.

Majority of them have already undergone major concrete restoration replacing rusted balconies, some have replaced elevators, and some are in the process of doing it. Rental restrictions differ and you should not be surprised that the minimum can be 3 months. Yes, you can rent it, but renting 4 times a year will not make you Rich.

There are two more buildings further North - are 7-story Cloverleaf South and Cloverleaf North named for the four wing design with circular ramp and parking spaces in the middle - you can park on your floor and this way you do not have to deal with things and carts in elevators.

There are quite a few other condos in Daytona Beach Shores designed and built by Dimucci (Towers Ten, Towers Grande and Twin Towers), Peck Development, Cook development (Palma Bella, Bella Vista, St. Maarten and St. Kits). Bella Vista & Palma Bella are Two Latest Luxury Condos built in Daytona Beach Shores.

The stretch of A1A that passes through Oceans has just been completely rewired getting rid of old light poles and hanging wires with constant problems during the storms and replacing them with underground system and new street lights giving the street brighter more modern appearance. It seems that in the tough economic times Daytona Beach Shores still care about their city's appearance.

Condo Living in Daytona Beach Shores - Pets and Condo living

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Wed, 26 Aug 2009 23:57:52 -0700

Condo Living in Daytona Beach Shores - Pets and Condo living is the fourth post in the series. Previous posts:
Condo Living in Daytona Beach Shores
Condo Living in Daytona Beach Shores - Condo Versus Home
Condo Living in Daytona Beach Shores - Renting Your Condo
Condo Living in Daytona Beach Shores - Fees, Assessments and Reserves

In my fifth post in the series Condo Living in Daytona Beach Shores I decided to take five minutes and to talk about our four legged friends and how they influence where you live and what you do. As we all know associations and boards in condos impose their rules and restrictions when it comes to numerous areas of condo living here. One of the more controversial ones seems to be the pet policy.

When it comes to pets every condo association seems to have a different take on the topic. Majority allow owners to have pets up to certain weight and up to specified quantity - most condos in Daytona Beach shores will allow you to have at least one dog up to 25 Lbs. Here is the more detailed list of the condos with pet restrictions in the Oceans:

Condo Name	Address	Number Of Pets	Weight
Oceans One	3051 S. Atlantic Ave	NO PETS	N/A
Oceans Two	3047 S. Atlantic Ave	NO PETS	N/A
Oceans Three	3043 S. Atlantic Ave	One Pet	25 Lbs
Oceans Atrium	3023 S. Atlantic Ave	Two Pets	25 Lbs
Oceans Atrium One	3013 S. Atlantic Ave	One Pet	20 Lbs
Oceans Four	3003 S. Atlantic Ave	Two Pets	20 Lbs
Oceans Five	2987 S. Atlantic Ave	One Pet	25 Lbs
Ocean Six	2967 S. Atlantic Ave	One Pet	25 Lbs
Oceans Seven	2947 S. Atlantic Ave	NO PETS	N/A
Oceans Eight	2937 S. Atlantic Ave	Two Pets	25 Lbs
Oceans Ten	2917 S. Atlantic Ave	Two Pets	25 Lbs

Oceans West	1 Oceans West Blvd.	Two Pets	20 Lbs
Oceans Grand	2 Oceans West Blvd	Two Pets	50 Lbs
Clover Leaf S	3 Oceans West Blvd	Two Pets	25 Lbs
Clover Leaf N	4 Oceans West Blvd	Two Pets	25 Lbs

Now for things to do with your pets here in the area:

First of all there is a pet friendly park you can walk your four legged friend right in the heart of Daytona Beach Shores: You can walk and play with your dog in the McElroy Park, is located behind the City Senior Center. It is the largest of the city's parks and offers walkways, and greens to roam.

Only a few miles to the South you can take your pet to a dog friendly beach at the Lighthouse Point Park in Ponce Inlet, one of the only two dog-friendly beaches in the Volusia County. Volusia residents can purchase a seasonal pass at a great discount.

There are two stores nearby that cater to the pets and their owners:

PetSmart Pet Store -1900 West International Speedway Blvd., Daytona Beach
Petco Pet Store - 2500 West International Speedway Blvd., Daytona Beach

This short brief should give you an idea of what condos are better suited for you and your best friend so if you are in the market for a pet friendly condo and need more information on the ones in the area do not hesitate to contact me.

Condo Living in Daytona Beach Shores – Fees, Assessments and Reserves…

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Mon, 24 Aug 2009 22:43:10 -0700

Condo Living in Daytona Beach Shores - Fees, Assessments and Reserves is the fourth post in the series. Previous posts:
Condo Living in Daytona Beach Shores
Condo Living in Daytona Beach Shores - Condo Versus Home
Condo Living in Daytona Beach Shores - Renting Your Condo

Let us take a quick look at Maintenance (Association) Fees, Assessments and last but not least - the Reserves.

If you read my previous post discussing the cost of owning the vacation condo or a home here in Daytona Beach Shores area you are familiar with basic breakdown. What I would like to do here is dwell a little deeper into the things associated with actual ownership of the Condo in the area.

Maintenance fees cover day to day operations of the condo association. It includes insurance, management and maintenance of the common areas, security... In most of the buildings they also include the water and basic cable for the residents. Maintenance fees are voted on every year and amounts vary depending on the amount of reserves and the cost of insurance and upkeep of the building. Maintenance fees are set based on the budget. It, however, remains constant throughout the year.

Special Assessments is the money needed to do the job, which either was not budgeted at all, or when the amount in the budget is not sufficient to cover the cost. Buildings always need maintenance and that is usually taken care off by preventative and everyday maintenance that is paid for by the maintenance fees. But once in a while there will come a time when additional repairs are needed. Be it a new AC system for common areas, an elevator upgrade, or a decision to replace worn out doors and windows, or a more expensive concrete replacement on the balcony. Assessments are no fun by any means. As a Condo owner you should expect to have those surprise charges once in a while to pay for things that were not planned in the budget.

Reserves are not the cost, this a way of minimizing Special Assessments by having money for the jobs like replacing the roof, replacing elevators, painting the building, etc. They are voted on at the annual meeting. In Daytona Beach Shores like anywhere else in Florida, Associations may choose not to carry any reserves and with that comes a risk for as there are always things that need to be fixed, replaced or installed and there may not be enough money at hand at that time to do the work. If there is not enough money, than the money will have to come from Special Assessment.

When choosing a condo to buy, you may want to look into the things like parking garages, elevators, windows, doors, balconies, roofs, and AC systems to see if the reserves are sufficient. Otherwise you should be prepared for a possibility of the assessments coming up when things need to be fixed or replaced. Some of the assessments are brought by legal actions and the latest example is refurbishing of the elevators in older buildings to comply with requirement for accessibility for the persons with disabilities. Associations do not have a control over laws. Not all Associations are prepared to face such scenarios with sufficient reserves in the bank.
If you are considering buying a condo, do not hesitate to contact me. Let me help you choose the right vacation condo in Daytona Beach Shores. Have a pro in your corner when you are ready.

Condo Living in Daytona Beach Shores - Renting Your Condo

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Thu, 20 Aug 2009 22:14:46 -0700

Condo Living in Daytona Beach Shores - Renting Your Condo is the third post in the series. Previous posts: Condo Living in Daytona Beach Shores
Condo Living in Daytona Beach Shores - Condo Versus Home

Condo Living in Daytona Beach Shores - Renting Your Condo is my third blog post in Condo Living in Daytona Beach Shoes series and it discusses renting a condo.

With majority of the condos on the Beachside of Daytona Beach Area being a vacation or second properties it is only natural that a lot of owners seek rentals to help them pay for the maintenance fees and the taxes for the condo. I want to look at the specifics of renting a condo in the Daytona Beach Shores as I do manage some units here and have a first hand experience of working with the landlord and the tenant.

There are two types of rentals: long term and short term (or vacation rentals). Depending on the restrictions set in the Rules and Regulations you may have little choice in the manner you are going to rent your condo when you are not using it. Most of the Condos on the beach have 2 or 3-month minimum period for rental. That limits the owners to 4 or 6 times a year when they can rent their units out. With Daytona Beach Shores being very seasonal you have to know when tourists are coming here so you know the times when your unit is going to be in demand. There are also special events to consider for they draw large crowds.

If you are planningon having your unit rented for a short term and Condo Rules allow for it you may want to set your condo as a vacation rental and have it marketed as a week-long or 2 - week long rental. You would also want to make sure that you have special events like races and bike weeks open for rentals for that is a good chunk of your income. It seems that shorter periods are popular among tourists in the Summer and longer periods of 2-4 months are very popular with the snowbirds in the winter. Vacation rental condo has to be set up as a getaway place with everything ready for the tenant, from towels and linens to dishes and silverware. Condo has to be complete and ready to just walk in and start your vacation.

With long term rentals you really do not have to do much except making the condo unit presentable, clean and functional. 99% of long term renters will bring their own furniture. The drawback - you do not get to enjoy your property for your own vacation.

Management fees that agnets charge vary depending on the length of the rent and whether it is a short term or a long term rental and they also depend on the company policy, where some companies charge upfront fees, etc. Management companies charge initial set up fee for advertising and the set up in a lot of instances. In short term rentals guests are charged the sales tax and cleaning fee.

This is a synopsis of the rental process and slight intricacies of the vacation rentals and long term rentals of the Beachside Condos. There are other issues like pet policy, noise ordinances or even whether tenants are allowed to use some of the facilities in the condominium. Different condos have different policies in place.

If you plan on vacation in Daytona Beach Shores or you already own a condo in Daytona Beach Shores and would like us to find you tenants, contact me at any time and I will gladly help you.

Condo Living in Daytona Beach Shores - Condo Versus Home

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Mon, 17 Aug 2009 21:56:09 -0700

Condo Living in Daytona Beach Shores - Condo Versus Home is a second post in the series. Previous posts: Condo Living in Daytona Beach Shores

What would make a better vacation property: condo or a home? The only way anyone can really answer it if they look at all of the components and weigh all the pros and cons. A lot of it has to do with your lifestyle and what is the most important criteria when you are considering the purchase.

There are no Oceanfront homes in Daytona Beach Shores and in the greater Daytona Beach area for $200,000 or so but there are Condos in Oceanfront buildings that start from around $150,000 and offer direct vies of the ocean. Oceanfront homes on the other hand start from around a million dollars and that is a huge difference right from the start.

Let's look at fees associated with owning a condo or a home in Daytona Beach area and hope that I didn't miss anything.

In Condominiums the maintenance fee includes Blanket insurance for the whole building which also covers common areas. Maintenance fee in the condminium building generally includes the pool, water, cable, lawn service, maintenance and management of the building, common areas and usually include the reserves for the future.

Now lets take a look at the bills associated with owning a condo and a home.

HOME OWNERSHIP vs CONDOMINIUM OWNERSHIP AT A GLANCE
Price	$ 200,000.00	$ 200,000.00
Monthly Expenses	Home	Condo
Property Tax	$ 350.00	$ 350.00
Maintenance		$ 630.00
Insurance	$ 150.00	$ 21.00
Lawn maintenance	$ 150.00	included
Pest Control	$ 25.00	included
Electricity	$ 180.00	$ 100.00
Water w/pool	$ 120.00	included
Garbage	$ 45.00	included
Cable/internet	$ 100.00	$ 30.00
Termite Bond	$ 17.00	$ -
Pool maintenance	$ 100.00	included
Reserves
House exterior painting	$ 60.00	included
Roof reserve	$ 17.00	included
Totals	$ 1,314.00	$ 1,131.00

There is one more aspect of ownership here that people tend to forget. If you are absent and something happens to your house or a condo there are drastically different outcomes. In the condo your neighbors will notice the leak, smell or any other type of disaster that may happen while you are away and management will take action while in the home there is no one to notice anything. You can always use the service that checks in from time to time and that adds an extra bucks for monthly inspection. Florida has it's own specifics when it comes to the property that is left vacant. You have to have the power on with AC running at least once or twice a day so you do not have the mold growing in your home or in your condo.

These are the things that you should put down on paper when considering purchasing a vacation property in Daytona Beach Shores. How often am I going to use it, what are the benefits of the condo and what are the cons... and the same for the home. I hope this blog helps you in making your decision when it comes time to buy one.

2 bdr/2 bath + Den Condo in Oceans Grand in Daytona Beach Shores! And It Is Not SHORT SALE!!!

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Thu, 30 Jul 2009 09:30:17 -0700

2 bdr/2 bath +Den in Oceans Grand in Daytona Beach Shores! And It Is Not SHORT SALE!!!

I like Oceans Grand condo. Terrific location, breathtaking panoramic views of the ocean, and/or Intracoastal.

Oceans Grand offers numerous amenities including Heated Pool and Hot Tub, large gym, community room with kitchen, entertainment center and a dance floor, a game room. It also offers golf and tennis memberships for the owners and tenants in the Oceans Golf club and in the Oceans Racquet club.

Here is a little rundown on the building. 21-story building. All standard amenities (heated pool, gym, undeground garage, secured entryways). 9' ceilings, granite in the kitchens and bathrooms is standard, double entryways, very spacious units (starting from 1,645 SF), all units facing water, balconies, executive golf course.

Pet friendly (2 dogs up to 50 lbs each). 187 2 bdr/2 baths + den units (7 per standard floor), and large 3 bdr/3 baths (3 per floor). Pet park is nearby.

There were 48 resales since 2006. The lowest price paid on resale for a 2 Bdr. / 2 Bths. plus den was $255,000 and the highest was $425,000 back in 2006. There were 33 2-Bedroom condos sold there since 2006.

The lowest priced condo on resale now is a 2 Bedroom 2 Baths plus den condo facing Atlantic Ocean.1,649 SF, granite countertops in the kithen and the bathrooms, white GE appliances in the kitchen matched by the white cabinets.

Offered at $239,900, the lowest price in Oceans Grand. And you don't have to wait for the bank to make a decision. This is not a short sale.

This unit was reserved all the way back in 2004 at $256,000 and that sale was finalized in 2006 when prices in the building were around $400,000. So, for les than developer's pre-construction price you can own a gorgeous unit facing the ocean and in a new building right across from the Ocean!

If you are not ready to move here permanently, but wold like to take advantage of historically low asking prices, do not worry. We will gladly rent it for you.

Call me if you have any questions about Oceans Grand or any other real estate in the area. 386-405-2156

It is a Perfect Time to own a vacation condo in Oceans Grand in Daytona Beach Shores!

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Tue, 28 Jul 2009 00:31:22 -0700

Why is it a perfect time to own a vacation condo in Oceans Grand in Daytona Beach Shores? Timing is everything and we are on the brink of reaching original prices of 2004-2005 pre-construction era here in Daytona Beach Area. Just like everything else in life goes through cycles so do the prices of real estate. Catching the right moment is tricky and I doubt we can ever pinpoint just the day or even the month when prices start going back up after a long downward spiral, but every investor wants to be on the very bottom of the cycle when making that decision to purchase. Many believe that time is now.

Oceans Grand was built in 2006 and is one of the latest condos in Daytona Beach Shores, and the last condo built in the Oceans part of the Shores. It is perfectly situated between the Intracoastal and the Ocean and is sitting right in the center of the 9-hole Golf Course. Part of the popular Oceans complex it was planned in the 70s and its 21 stories project was grandfathered in - before the city has set the height limit to 120', and not more than 12-story high.

Condominium is surrounded by an a 9-hole executive golf course and is right next to Daytona Shores Racquet Clubs' tennis courts. Oceans Grandoffers amenities like heated pool, saunas, Hot Tub, Gym, Community and game rooms, Dog Path, underground parking and more. Coded doors at every entry point offer peace of mind to the residents. Shopping Plaza with Publix Supermarket, two pharmacies and a Bank of America branch make this a very convenient location on the beachside in the heart of Daytona Beach Shores.

Built in 2006 it boasts 187 residences consisting of 2-Bed/2 baths units with den or 3 Bed/3 Bath condos. Living and most of bedrooms have a balcony and the view of either the Atlantic Ocean or the Intracoastal, or both. Modern kitchens have GE appliances in either white or stainless steel finish, granite countertops, plenty of cabinets and counter space. All baths have matching granite countertops and vanity cabinets finish. Master Baths come with Jacuzzi and stand alone showers. Bedrooms are spacious.

Oceans Grand allows for monthly rentals and with its newer construction and amenities it offers it is a very popular destination for snow birds as well as vacationers seeking great accommodations near the beach in the Shores. Condos there are always in high demand for the winter season and owners enjoy pretty good profits that help them pay for a portion of their expenses on the unit. There is currently a waiting list of people willing to rent a unit for several months in the winter and any unit with a decent view is sure to be a good seasonal rental.

Currently prices for a 2Bdr./2Bths + Den startfrom $239,900 and go up to $599,900 for # Bdr/3Bths Highest prices in this building reached $425,000 for a 2Bdr./2Bths in 2006 and $600,000 for 3 Bdr/3Bths in 2007!

I manage several long term and short term condos in the building and I can vouch for the interest in rentals in this condominium. Every person that ever rented from me here had only positive things to say and 90% of people come back to rent again! This in itself speaks for the value people see when they rent condos in here. Please contact me with any questions about this or any other properties in the area and I will be glad to help you with it.

Oceans Grand Condominiums in the heart of Daytona Beach Shores

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Wed, 08 Apr 2009 12:42:16 -0700

Oceans Grand Condominiums in the heart of Daytona Beach Shores

Oceans Grand is one of the newest Condos in Daytona Beach Shores located between the Intracoastal Waterway and the Ocean. This is the last building in the popular Oceans complex.

This is the last high-rise building in Daytona Beach Shores, as the city has set the height limit to 120', and since then the new buildings are not more than 12-story high. Oceans Grand with its 21 stories was grandfathered. Daytona Beach, a neighboring city to the north still allows high-rise buildings, but the opposition is mounting.

Oceans Grand is surrounded by an a 9-hole executive golf course and is right next to Daytona Shores Racquet Clubs' tennis courts.

Oceans Grand, completed in 2006, offers amenities like heated pool, saunas, Hot Tub, Gym, Community and game rooms, Dog Path, underground parking and more. Coded doors at every entry point offer peace of mind to the residents. Shopping Plaza with Publix Supermarket, two pharmacies and a Bank of America branch make this a very convenient location on the beachside in the heart of Daytona Beach Shores.

187 residences with Two Bed/Two baths units with den or Three Bed/Three Baths. All units have 9' ceilings.

Unit sizes range from 1,635 SF 2-Bed/2Baths plus den to 2,480 SF 3-Bed/3 Baths Condos. Living Rooms and all bedrooms face either the Atlantic Ocean or the Intracoastal, or both.

Modern kitchens have GE appliances in either white or stainless steel finish, granite countertops, plenty of cabinets and counter space. All baths have matching granite countertops and vanity cabinets finish. Master Baths come with Jacuzzi and stand alone showers. Bedrooms are spacious. All rooms have sliding doors leading out to the balcony.

With condo prices that low as they are, distressed units in this luxury condominium came to pre-construction prices of 2003-2004.

Investment Opportunities in Gated Preserve at Riversedge!

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Sun, 22 Feb 2009 18:06:08 -0800

Preserve at Riversedge is nestled on the quiet part of Palmetto avenue and is sitting on the canal between the Preserve and the Open water of Intacoastal Waterway. Built as an apartment complex in 1986 it was converted in the condo in 2005 and was sold in 2005 - 2006. There are 180 units in the gated complex of 8 buildings with the club house/office in the middle next to the community pool and hot tub. With gated entry, central location and a good mix of people it always enjoyed decent rentals and is considered to be a safe quiet place to live. Minutes to the downtown, Colleges, Airport, Racetrack, all major highways and the beach it is ideally located right in the center of Daytona Beach.

Units range from 540SF studios to 1,250 SF three Bedroom Condos. All have washer and dryer hook ups and some even came with the washer and dryer units. With large number of original investors resales in the complex have slid to the lowest numbers in history.

One bedroom units are available starting at $36,900 and Two-Bedrooms are starting from $60,000. At these prices they do make sense as an investment for rent covers you total expenses, not just taxes and maintenance and they do rent starting from $600 a month. There are currently 27 units for sale starting at $36,000 for one bedroom unit and going to $149,900 for 2 Bedroom / 2 Bath. There were 8 units sold there in the last year with selling price ranging from $41,900 for One-Bedroom unit to $77,000 for Two-Bedroom unit.

Currently there are several WATERFRONT units in the Preserve available on SHORT SALE and starting from only $36,000 for One-Bedroom and $59,900 for Two Bedroom unit with direct water view! It is a lower payment to won one then to rent the same unit!

2 bdr/ 2 bath Direct Oceanfront Unit in Aliki Condominiums. Daytona Beach

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Mon, 24 Nov 2008 11:26:13 -0800

In this market if you do not diversify, you may easily find your self in trouble. There is no surprise that many agents turned to property management, something we did not want to touch a few years ago.

We started from doing it for some of our clients who bought condos in the area, and needed to rent them until they retire and come, or until they decide to sell. So, we started from couple of units, and then this number increase, but we are still only halfway to where we would like to be with our numbers.

The slowing market affected the rentals in the area as dramatically as the rest of Real Estate. Units that you could rent for $2,000 to $2,400 in older buildings on the ocean, are now stying empty even for $1,500. Check the video below and would you believe that it is still empty with only asking $1,500.

The slowing market affected the rentals in the area as dramatically as the rest of Real Estate. Units that you could rent for $2,000 to $2,400 in older buildings on the ocean, are now staying empty even for $1,500. Check the video below and would you believe that it is still empty with only asking $1,500

Vadim | FunCoast Realty & Management | 386.255.5355

2828 Atlantic Ave., Daytona Beach, FL

Gorgeous Fully Remodeled 2 bdr/2 bath Direct Oceanfront Condo in
Daytona Beach

Furnished 2BR/2BA Condo

$1,500/month

Bedrooms	2
Bathrooms	2 full, 0 partial
Sq Footage	1,330
Parking	1 dedicated
Pet Policy	No pets
Deposit	$1,500

DESCRIPTION

Gorgeous fully remodeled direct oceanfront condo on the 16th floor. Corner unit with panoramic view of the ocean and Intracoastal.
Electric fireplace, black granite coutnertops, upgraded tile throughout, perdian area rug and, of course, incredible ocean views from every room.
49'-long wrap around balcony.
Terrific location. Bellaire Plaza across the street. Shopping and restaurants around. No need to have a car.

see additional photos below

RENTAL FEATURES

Air conditioning	Fireplace	Tile floor
Living room	Dishwasher	Refrigerator
Stove/Oven	Microwave	Granite countertop
Stainless steel appliances	Balcony, Deck, or Patio

COMMUNITY FEATURES

Garage parking	Laundry on-site	Swimming pool(s)
Secured entry	Elevator

LEASE TERMS

One month rent plus security for long term rentals. Contact for details on short tem.

ADDITIONAL PHOTOS

Renter contact info:

Vadim

FunCoast Realty & Management

386.255.5355

Equal Opportunity Housing

Posted: Nov 25, 2008, 10:10am PST

Port Orange, Town Park. Market snapshot.

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Wed, 31 Oct 2007 10:56:02 -0700

Just wanted to give you a snapshot of the market in Town Park in Port Orange at the end of October.

There are 23 active lisitng in the community ranging from $264,000 for 3 Bedroom / 2 Bath with 1930 SF Living to $514,900 for 4 Bedroom /3 Bath with 3117 SF Living.

There is one Home in the process of going throgh inspectons and financing.

There were 9 sales in the development wince last year with sale prices ranging from $270,000 on 03/30/2007 to $410,000 on 07/02/2007.

Contact me for detailed info on these or any other properties in the area.

Ocean Garden Condos. Market report

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Fri, 26 Oct 2007 17:15:49 -0700

Ocean Garden Condos have been relatively recently converted from Harvey Garden Apartments. The timing was not the best, the values started declining and sales were not brisk.

As of October 26 there are 2 unit on local MLS, both 1bdr/1bath, 580 sq. ft.. Stainelss steel appliances, granite countertops, remodeled bathrooms. Prices range from $107,400 to $117,500. There are several recent condo conversins in the area. One is across the street - Surfside Villas with prices starting from $127,900 for 604 sq. ft. one bdr unit. Similar features. Both properties do not have a pool, but htey are just a few short blocks from the ocean.

Though prices are very low for beachside, this is not going to last long and I will not be surprised to see them eventually going over $200K in the next crazy appreciation cycle.

Call us for last minute updates or e-mail and we will e-mail you the information.

Ocean Garden Condos

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Fri, 26 Oct 2007 17:05:13 -0700

102 South Peninsula Ave., Daytona Beach, FL 32118.

Ocean Garden Condos were built in 1972. This is a 3-story structure with 27 units, 25 one-bdr /one bath unit (580 sq. ft.) and 2 small two bdr/1 bath units (859 sq. ft.). Located on Beachside one block south of Main Street and 2 blocks north of International Speedway Blvd. on the intersection of Harvey Ave. and Peninsula Ave.

Used to be an apartment building (Harvey Garden Apartments), converted to condominiums in 2005-2006. Units were significantly upgraded. New kitchens with stainless steel appliances, new bathrooms, granite counters, tiled floors. Laundry in the building.

4264 MAYFAIR LANE LAKEFRONT HOME, PORT ORANGE, TOWN PARK

Vadim Zolotarevskiy (FunCoast Realty & Management, LLC) — Tue, 23 Oct 2007 18:13:35 -0700

Spacious 4 Bedroom / 3 Bathroom plus Office lakefront pool home in Town Park. Top of the line GE appliances, large cabinets, high ceilings, recessed lights, tiled living and dining areas. Open great room with view of the fountain on the lake. Saltwater pool with gas and solar heater is virtually maintenance free.

2,548 SF living and 3,379SF total area. Ovesized garage to fit all your toys.

Price: $469,900

MLS #460534