Oceans Four Condominium in Daytona Beach Shores. June 2011

Oceans Four, part of the Oceans Complex in Daytona Beach Shores, was built in 1980. A 20-story building (the elevator shows 21st floor, but it misses the 13th), centrally located on this condo row in Daytona Beach Shores, and it different from all other buildings in the complex.

In 1980 it was obviously a luxury condo. 114 units total, 6 units per floor and 3 elevators. With elevator serving only two units, it had more privacy than any other building in the Oceans. And units were much bigger than in other Oceans built before Oceans Four (Oceans One, Two, Three, Five and Seven). Two- bedroom units at 1,700 sq. ft. and 3 bdr units at 1,775 sq. ft.

Laundry in unit. There is an exercise room, a social room, on-site manager. Small pets allowed. this is one  of the  most restrictive condos in terms of rentals. Minimum rental term is 1 year.

Three bedroom units are north and south corner. They have additional row of windows on the side wall, which adds dramatically to the ambience. All units go west to east, every unit has a direct oceanfront Balcony, and then another balcony facing the city, and, from 4th floor up, – Intracoastal.

Two units were sold in the building in 2011, both of them 3 bdr / 2 baths. One for $217,500 and the other just closed for $230K (for $1,000 more than the asking price). In 2005 3 bdr units in Oceans Four were selling from $430K to $525K.

Only 4 units available for sale as of June 5, 2011. Again, like in other condos, a healthy number is about 7%, and we have only half of that number on the inventory list. Does not mean much in itself, but whoever is waiting for the pastures turning eye-blinding green, good luck waiting.

A 4 bdr/ 4 baths unit is a combined unit of two 2 bdr/2 bath units.

Call me for up to-date information on terrific oceanfront condos on the Beachside in Daytona Area. 386-405-4408.