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Luxury Penthouse Condo in Daytona Beach Shores

By
Real Estate Agent with FunCoast Realty 386-405-4408

Double Unit in Towers Grande on the 16th floor with panoramic views from the ocean to the Intracoastal! Developer combined 2 three-bedroom condos to create this unique Penthouse unit, and Seller spent over $475,000 on upgrades. It has everything you could think of, and everything is high quality. This is the only such unit in the building, where every wall was put where the owner wanted it.

View from Penthouse in Towers Grande, Daytona Beach ShoresAmazing views from any room in this top floor condo unit. Power storm shutters on every door and window. Grand Master Bedroom with panoramic Ocean views.  Large open Master Bathroom with Therapeutic jet and waterfall. Sit in the jetted tub and look at the ocean.

Large walk-in closet. Open living area, media room. Exhaust Hood venting through the roof. Glass top stove. Large granite bar, sitting area with surround sound piped from the media room. Plenty of cabinet space to store dishes, glasses and silverware for a large party.

Kitchen in Penthouse - Daytona Beach ShoresKitchen is to die for. Professional stainless steel appliances, solid ash cabinets, lustrous blue pearl granite countertops. High quality materials used in condo. All baths feature designer fixtures.

The building has 2 pools, 2 hot tubs, workout room, large community room with bar, pool table and ample seating for a large party. Unit comes with one assigned parking space. One of the most liberal rental restrictions – 2 weeks minimum – make it a perfect candidate for vacation property, that can be rented and generate income.

Master Barth - Penthouse in Daytona Beach ShoresFeatures:

4,010  sq. ft. under air plus 3 balconies.

4 bedrooms, 4.5 baths.

About $9,000 paid for the Therapeutic Jetted Tub

Pre-wired surround sound speaker system

Appliances: Frigidaire.

GE Monogram huge fridge and freezer to be sold separately.

$475,000 in upgrades alone

And the best part is the price.

It is listed for $595,000. Next unit that size is $799,000. A $204,900 difference. This unit was for sale in 2004 for $1,800,000. With values at 40-50 cents on a dollar compared with the peak of the market, its today’s value is approximately $720K to $900K. Last sale of large unit there closed in June 2008 and was for $1,125,000.

This is a short sale.

Seller’s big loss…someone’s big gain.

Is that you? Then call me at 386-405-4408 

Anonymous
Sandra & Tom Brown (Sandy is a Realtor)

We would be interested for ourselves. How much are the condo fees & taxes?

Aug 14, 2010 12:37 AM
#1
Jon Zolsky
FunCoast Realty 386-405-4408 - Ponce Inlet, FL
your Daytona Condo Agent

Sandra & Tom, Buyer's taxes are different from Seller's Taxes. 2009 assessed value is $659K ($825K in 2008), and a good rule of thumb just to get the idea of tax is to use 2.3% of the value. Here is a link to the page on the MLS, so you can see MLS details: http://www.dabmls.com/day/maildoc/sd_AAAa0012020100814183104.html

Aug 14, 2010 11:34 AM