the plaza resort: If I Want To Buy a Unit In Plaza Resort Today? - 02/05/12 05:00 PM
I received a call from a Canadian buyer. He called me a week ago and questioned me about one of my listings in Plaza Resort & Spa, a premier Condo-Hotel in Daytona Beach. I sent him all the information, we exchanged a few e-mails, and then it all came to a halt.
I called him, and he explained that he made an offer on another unit in Plaza Resort & Spa. The one, which is direct oceanfront, and mine isn't. I figured that there is another agent involved, and I know that agent, so I said that it was fine and … (8 comments)

the plaza resort: Plaza Resort & Spa in Daytona Beach. September 2011 - 09/11/11 04:29 PM
I have not been writing about Plaza Resort & Spa, a premier condo-hotel in Daytona Beach, for quite some time. It is time to revisit it and look at what is happening in the market.
Plaza Resort & Spa is one of the oldest condo-hotels (with only Hawaiian Inn being 4 years older), but it is one of the nicest resorts in the area, a higher end property and it is reflected in the overall ambience and in higher rates and higher occupancy.
The developer accumulated a lot of oceanfront properties, both hotels and vacant land, but Plaza Resort & Spa … (13 comments)

the plaza resort: The Plaza Resort & Spa in Daytona Beach. June 2011 Market Snapshot - 06/12/11 03:49 PM
While I still see people waiting for better deals in The Plaza Resort & Spa in Daytona Beach, I can’t help thinking how resilient they are and how strong their belief in the falling market is. Not that they do not believe me when I am telling them that the prices in the Plaza Resort & Spa are inching up, they keep sticking me newspapers with predictions of another price fallout.

Let’s see what is really happening with prices in the Plaza Resort & Spa. Let’s look 18 months back, at January 9, 2011. In my blog Plaza Resort & … (1 comments)

the plaza resort: Plaza Resort & Spa in Daytona Beach. April 2011 - 04/27/11 11:51 PM
We often see fluctuation in the market, and it is important to tell a trend from a fluke. I was surprised a couple of weeks ago to notice a few units popping up in The Plaza Resort and Spa, a premier condo-hotel in Daytona Beach, for very low price. It looked as if the second wave of those crazy deals was coming back.
We put 2 out of three those units under contract, and I was curious whether that was to continue. It did not. The prices are still getting higher in The Plaza, prompting some of my clients to start playing with the idea … (7 comments)

the plaza resort: Plaza Resort in Daytona Beach. Signs of Revival - 04/06/11 05:39 PM
I have not visited Plaza Resort & Spa, a premier condo-hotel in Daytona Beach, for some time, and the changes are very noticeable. No, not with the building, not with their gorgeous lobby, not with the units...
It is the price. Today's price starts from $59K for a city view unit. Wow, this is back to about 2 years ago, before the avalanche of foreclosures and short sales have driven the priced quite low. The lowest price for a studio (and, by the way, with some ocean view) was $20,500 (we represented the buyer). Now a city view is for sale … (10 comments)

the plaza resort: Why Are the Prices All Over? - 01/12/11 05:16 PM
Here's the e-mail I received.
Jon,
Thank you for the link to IDX, I appreciate that. I am looking at the Plaza Resort and prices for oceanfront studios are all over the board.
 unit 331- $69,500 unit 334 - $98,750 unit 636 - $189,000 unit 734 - $272,000 unit 831 - $359,900
Does the higher floor justify 5 times difference? Thanks,Jerry
What an excellent question.
In 2005 when developer started selling units in Plaza Resort & Spa in Daytona Beach, the price was based on:
1.      view (city, ocean view, and oceanfront), 2.     size, 3.     floor, where the higher you … (7 comments)

the plaza resort: Plaza Resort & Spa in Daytona Beach - 12/17/10 03:27 PM
Plaza Resort & Spa is #2 on my list of condo-hotels in Daytona Beach area only behind Ocean Walk Wyndham Resort.
I have not posted about it for quite some time, so here it goes.
Surprise or not surprise, but there are only 27 units left for sale in the resort. Considering that a year and a half ago we had 52-56 units for sale in the Plaza Resort & Spa at all times, the inventory today is only half of what it used to be.
Call us if you have questions about condo-hotels, and not only condo-hotels in Daytona Beach … (4 comments)

the plaza resort: Creative Buying - 10/24/10 03:38 PM
We are all used to Creative Financing and now it often has a bad taste to it. But there is also creative buying. It often involves doing something beyond MLS. I might involve maybe even more than an extra step. Here’s a “fresh” example.
When unit in The Plaza Resort & Spa in Daytona Beach hit MLS, I was a bit slow to inquire, and when I called the Listing Agent, he said that he already had 4 offers, but he can’t sell anyway, as it was going to an auction.
I told my good investor that we were out of … (13 comments)

the plaza resort: Changes in Plaza Resort & Spa - Daytona Beach Condo-Hotel - 02/19/10 11:40 AM
We have not visited the Plaza Resort & Spa for some time. So, what happened in the Plaza Resort & Spa in Daytona Beach since we visited it last?
Well, there are quite some changes. Plaza Resort & Spa is a condo-hotel, and it has the condoowners Association. There was an annual meeting of the Association. As I wrote before, this is the Developer's association. They do not run monthly meetings, and they, pretty much do what any hotel would do.
At this annual meeting there was the budget to vote for, and they did. What everyone was waiting for was … (0 comments)

the plaza resort: Got A Short Sale Approved In Plaza Resort in Daytona Beach. Need A Buyer ASAP - 06/09/09 06:27 AM
A buyer made an offer on a unit in Plaza Resort. Short sale, long wait. Suddenly another unit pops up, and she makes an offer on it. It is an REO(Foreclosure), so it moves fast. She now tries to sell her other condo-hotel studio in another property here to get the money to buy the first one, and the Short sale gets approved, and the Buyer can't buy. I can try to make a substitute as the Lender is ready.
Very good deal, a South side unit with very good view, light and bright, 372 SF with tiny kitchenette, nice balcony, … (1 comments)

the plaza resort: HOW TO BUY A UNIT IN PLAZA RESORT & SPA IN DAYTONA BEACH. TALKING ABOUT VALUES - 05/12/09 02:39 PM
This is now a daily occurrence. I get e-mails or calls from people who are interested in Plaza Resort and Spa, a premier Daytona Beach condo-hotel. They are asking how to buy a unit in Plaza Resort & Spa in Daytona Beach. Lets start talking about values.
Prices start from high $40s, nice 4-star resort, and with prices like these it beats any other condo-hotel in the area.
The problem is that my callers think that these prices are the market values in Plaza, and nearly everyone thinks that in this market they can get things for half of the price.
(9 comments)

the plaza resort: Plaza Resort & Spa. Spring 2009 - 04/19/09 08:52 AM
Plaza Resort & Spa is undoubtedly one of only few really classy condo-hotels in the area. The resort started the conversion rather late and the developers sold 2/3 of the units when the sales came to a halt. However, they have paid for $70 million renovation, plus they did not transfer the Association from the developers to the owners, and this is convenient for the developers, as their forte is the hotel operation, and having full control of the property is beneficial for them.
Instead of running monthly meetings and deal with all sorts of weird wannabes, they have a 3-member … (6 comments)

 
Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices (Daytona Condo Realty, 386-405-4408) Ambassador large

Jon Zolsky, Daytona Beach, FL

Buy Daytona condos for heavenly good prices

Daytona Beach, FL

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Daytona Condo Realty, 386-405-4408

Address: 119 S Palmetto Ave., Suite 231, Daytona Beach, FL, 32114

Office: (386) 255-5355

Mobile: (386) 405-4408

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