ALIKI & OCEAN RITZ CONDOMINIUMS IN DAYTONA BEACH

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Real Estate Broker/Owner with Daytona Condo Realty, 386-405-4408

ALIKI & OCEAN RITZ CONDOMINIUMS IN DAYTONA BEACH 

These sister condominiums on the Atlantic Ave, at the north end of Daytona Beach right by the Ormond Beach border, are always very noticeable. 

Aliki Condominium- jon zolsky blogThe developer - Andy Xepapas - as the legend has it, called the first one Aliki Condominiums built in 1973 in honor of his wife Aliki. There are several condos developed by Xepapas, and they are all Alikis: Aliki Tower, Aliki Forum, Aliki Atrium...I heard that Ocean Ritz was initially also called Aliki, but changed the name when developer sold the project.

Was it a sign of love? I can only guess today.

The developer obviously loved light and sun, and all his projects have plenty of both. Basically, Aliki and Ocean Ritz Condominiums are glass 20-story towers with wrap around balconies and glass from floor to ceiling. I don't think this is the most elaborate architecture, but they still look great.

Each floor has 6 units, with the numbers going from direct oceanfront (north-east corner) #1, then one middle unit west of it - #3, and then north-west corner unit - #5, and then another row of units 2,4, and 6.

Practically all units are 2/2, corner units are 1,330 sf, middle units are a bit smaller. All have gorgeous views of the ocean, and from the 7 floor - the Intracoastal.

Even though they look identical, Ocean Ritz, built one year later, is different in that all corner units have hook-ups for washer and dryer inside - a rarity at that time. They also have a coin laundry with two washer and two dryers on each floor. The balconies are not really wide, but very long and run uninterrupted the whole length of the unit, which for corner units is quite a distance, and you can jog if you do not want to get down to the beach.

Amenities are pretty standard. Social room, gym, pool…

Aliki Condominium - jon zolsky blogLocation of the buildings is perfect. This is a well developed area of the beach with Bellair Plaza (a major are shopping center anchored by Publix) is walking distance, and this is the area of the best restaurants in town. You can call it a restaurant row.

Presently there are 16 units for sale in both buildings: 9 in Aliki and 7 in Ocean Ritz, starting from $189,000 for a corner unit (not oceanfront) and up. The lowest priced direct oceanfront is $300,000. Have to admit that I have not seen prices for less than $200K for a very long time. The units there were selling at over $500K at the leak of the market.

But do not bet on these low prices, it is the only unit for that price, next lowest is $209K, and inventory is half of what it was just a year ago, so these prices are not going to stay.

Thinking of a place to call home in Daytona Beach area, or just a vacation spot on the ocean? Call me 386-405-4408FunCoast realty - jon zolsky blog

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Rainmaker
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Jenny Kotulak
RE/MAX Real Estate Centre Inc., Brokerage - Oakville, ON
Broker - Oakville Ontario Real Estate

Jon that is such a great photo of the building.  I was getting dizzy looking at it lol.  And the pool area looks like a great place to relax.

Apr 06, 2010 05:15 PM #1
Rainmaker
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Vadim Zolotarevskiy
FunCoast Realty & Management, LLC - Daytona Beach Shores, FL

I know this building very well, have been there so many times, have units there tha I manage, but I did not know the history behind. Very interesting

Apr 09, 2010 01:04 PM #2
Rainmaker
249,772
Jon Zolsky
FunCoast Realty 386-405-4408 - Ponce Inlet, FL
your Daytona Condo Agent

Jon,

Aliki was my first 'big' sale and I remember it very well. When the buyer walked to the middle of the living room, sat on the floor, looked around at this panoramic ocean vistas, and said "this is it".

 

Apr 22, 2010 03:36 AM #3
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