ocean walk: The Market & Ocean Walk Wyndham Resort in Daytona Beach
- 05/29/11 04:40 PM
The Market & Ocean Walk Wyndham Resort in Daytona Beach
The market looks as if nothing changes, but this is a false impression. Yes, prices are still good, and some are just incredible… Sellers are still outnumbering the buyers.
Sellers are more and more coming to terms with the reality, and you can see properties not on short sale, priced competitively, while buyers often become unreasonable in their expectations of freebies, and become feeling more and more deserving… a dangerous notion…
What many do not notice is that inventory is decreasing. Take condo-hotels. About 2 years ago we had 366 units … (8 comments)
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ocean walk: Ocean Walk Wyndham Resort in Daytona Beach
- 05/18/11 03:37 PM
Ocean Walk Wyndham Resort in Daytona Beach is a combination of a condo-hotel with whole owners (that's how they call them) and timeshare. 19-story South Tower was built in 2001. It has more units owned by whole owners, than under time share arrangement.
North Tower, added in 2004, a 25-story building, has majority of units as time share. This is quite a unique arrangement for Daytona Beach condo-hotel market, with the exception of 25 time share units in Harbour Beach Resort.
It creates opportunities, and some stability, as cycles for condo-hotels and timeshare are very different. Condo-hotels are dead in December, for … (7 comments)
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ocean walk: Ocean Walk Wyndham Resort, Spring 2011
- 04/14/11 07:18 AM
Time to look at what is happening with the prices in Ocean Walk Wyndham Resort, which is part whole ownership condo-hotel, part time-share, and both are managed by Wyndham. This is by far the most luxurious condo-hotel in Daytona Beach Area. It is the only resort of really high class that Daytona Beach can offer.
There are 5 units in the South Tower (19-story built in 2001). Not a single one-bedroom unit is available now. Prices from $265,000 to $449,900.
There are 4 condos in the North Tower (25-story built in 2004). Prices from $245,000 to $449,000.
Are these price any … (8 comments)
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ocean walk: Ocean Walk Resort in Daytona Beach
- 08/08/10 04:58 PM
Ocean Walk Wyndham Resort is busy. It is a busy season, and this resort enjoys higher than average occupancy. Showing is problematic, and you need all the support from the resort employees and good luck.
It is surprising, but I was even able to show a lowest priced one-bedroom unit to my customers, who came from Tampa. The guests left yesterday, and they told us that if the unit is cleaned, we could see it after 2 today.
Calling front desk was fruitless, so we simply went there. Even with big crowds, the lines were not long and pretty soon I … (6 comments)
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ocean walk: Winning By Desire or Losing By Knowledge?
- 07/24/10 11:07 AM
Yesterday (and for me it means before I went to bed) I posted Am I In The Wrong Business? It is about a guy who is privately arranging vacation rentals for 20 owners of Ocean Walk Wyndham Resort - Daytona's premier condo-hotel, and to my surprise the comments came agreeing with me. Practically everyone saw it as a great business, and I think it is absolutely could be, provided that we can reach the same occupancy as the hero of that blog.
So, how come we did not see it? What was there that we could not see? We do property management, … (16 comments)
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ocean walk: What a Deal This Direct Oceanfront Unit in OceanWalk in Daytona Beach
- 07/19/10 04:26 AM
Maybe this is a slow market, but I have never seen deals like that in any other market.
Take Ocean Walk. This is the classiest condo-hotel in greater Daytona Beach area. With all its amenities, this is a world class Wyndham Resort. There is direct oceanfront one bedr/one bath unit for $149,900 asking. Wow. Similar units were just recently in the $200K and even $300K and they are gone.
Built in 2001, this is the only condo-hotel, which was designed and built as such, and not a conversion from a hotel. When in 1999-2000 the developer was offering 1 bdr … (3 comments)
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ocean walk: Looking for Best Condo-Hotel in Daytona Beach?
- 04/01/10 02:12 PM
Looking for Best Condo-Hotel in Daytona Beach? Look no further. There is nothing like Ocean Walk Resort.
I have received a call from a client, whose 2 condo-hotels we have sold back in 2004. His brother was in town, and was looking for at least a one-bedroom vacation place with the least hassle. Future possible resale was also important.
I can run a long list, like it should be on the Ocean, and you MUST be able to see the ocean from the condo, etc., but we should not forget the important part: it has to fit the budget. Somehow it is rare that the list of parameters adequately corresponds … (4 comments)
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ocean walk: Ocean Walk Wyndham Resort in Daytona Beach
- 11/24/09 03:44 AM
Inventory is rapidly decreasing in Daytona Beach Area condo-hotels. There are 224 condo-hotel units on MLS as of today, a far cry from the all-time high of 362 just 18 months or so ago.
Here are available units in the most prestigious condo-hotel in Daytona Beach - Ocean Walk Resort. 7 units for sale in the South Tower. It is about 4% of all condo-hotel units (not time-share) in this building. With about 7% of units for sale at any given time being a sign of "normal" market, this situation can hardly be called the buyers' market.
So, on the … (3 comments)
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ocean walk: Ocean Walk. News From The Grapevine.
- 03/14/09 06:23 PM
The most expensive luxurious condo resort in the area, and the only condo-resort in the area that was built as a resort from scratch, and not converted to condominiums from a hotel is Ocean Walk, an impressive project encompassing a 19-story South Tower and 25-story North Tower. They are part of a larger ocean Walk Village project, which includes Hilton Daytona Beach Oceanfront Resort, Wyndham Ocean Walk, Ocean Walk Shoppes and the Ocean Center, a 6-story Parking Garage....
Pre-construction sales started, I think, in 1999, and at that time $139K price tag for a 683-sf oceanfront one-bedroom sounded exorbitant. At that time you could buy a residential 2 … (4 comments)
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ocean walk: Where to Eat in Ocean Walk Village, Daytona Beach
- 09/06/08 04:59 PM
Restaurants in the Ocean Walk Village
Taste Daytona Beach at the Ocean Walk Village.
Pick a place from elegant seaside dining and fun family-themed eateries to casual snacks on the beach or pool deck, the restaurants at Ocean Walk
Village offer dining options for every situation.
Adobe Gila's
Adobe Gila's Margarita Fajita Cantina is a Mexican-influenced restaurant serving up live entertainment and a great atmosphere, located directly on Daytona Beach.
Offering great food, great drinks, great music, and great times is the Adobe Gila's mission.
Bubba … (3 comments)
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The Market & Ocean Walk Wyndham Resort in Daytona Beach
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