When I talk with buyers on the phone and they say that they are looking for something very basic as long as it is on the ocean, and wouldn't mind a one-bedroom unit, I have to pause...
They are asking for a one-bedroom unit not because they are looking for something small, but because they usually assume that while they are tight on money, they have better chances to find an affordable one-bedroom condo rather than two-bedroom condo.
And this is not always the case.
Right now there are 7 one-bedroom condos on our MLS for sale in Daytona Beach Shores, which has the highest concentrations of condos in greater Daytona Beach area.
If you look at what's available in the Oceans Complex, the lowest one-bedroom unit is an 895 sq. ft. unit in Oceans Atrium for $149,900.
But if you look at 2 bedroom units in the same Oceans Complex, the lowest priced unit is a 1,191 sf unit on the 16th floor in Oceans One for $168K. Often times you can even find a less expensive two-bedroom than a one bedroom unit. And even if not, think if $18K difference makes sense to shoot for a larger unit...
But hey, if you really are into one-bedroom condos, here is the list of all available in Daytona Beach Shores, a small beachside city just south of Daytona Beach.
8 one-bedroom condos were sold in 2013 so far. 6 were sold in the same period in 2012. Call me if you are serious about becoming smart (of course, I am kidding, but call me anyway:)
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