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Oceanside Inn in August 2018
Oceanside Inn. Market Snapshot. August 2018 The Resort Oceanside Inn is a condo-hotel resort in Daytona Beach Shores. This 191-room condo-hotel was built in 1973 and completely remodeled in 2003-2004 after converting a hotel into a condo-hotel.
This is a direct oceanfront property, 9-story high, with the elevators, small gym, outdoor inground pool, Tiki Bar, etc. Rentals are provided by Sunstream Hotels and Resorts, a Hospitality Management Company.
Since May of 2017 after the recall of 2 Board Members and election of 2 new members, the Association changed the course trying to end years of wrong priorities. The membership is getting back to senses, and at the core of new policies is the benefit of the own
ers of units.
The MarketCurrently, there are 13 condo-hotel units for sale with prices starting from $49K for a studio and all the way to $128K for a one-bedroom unit.
Lowest priced double unit start from $69,900 and by today’s standards, this is a darn good price for a unit like this.
In 12 months from August 9, 2017, until today, 8 units changed hands. Not a lot, absolutely not. Which is a sign that even though the asking prices are up, there are actually not that ... more

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