Fountain Beach Resort, a 148-room condo-hotel in the heart of Daytona Beach. 6-story resort is located close to Main Street, Ocean Walk Village, Daytona Boardwalk. Quite a few popular bars and restaurants within walking distance.
Majority of units are 343 sf studios, 18 one-bedrooms. They are 691 sf. Studios have small kitchenette. No cooktop, but comes with microwave oven, toaster oven, under-counter fridge.
Most of one-bedroom units come with a stove. They also have one regular bathtub, and one Jacuzzi tub.
Maintenance fee for studios in 2012 did not change from the previous year. It is $344 for a studio and $688 for a one bedroom, as one bedroom units consist of two studios put together. Double voting rights, double maintenance…
It seems that all the sales activity is missing Fountain beach Resort. The inventory is healthy 14 units as of today, but it is bigger than in many other condo-hotels.
So, yep, it is slow, but it is deceptively slow. Just check sales in 2012 from January 2012 and August 2012 and compare it to the same period in 2011. 7 units solld in each of these...To read the full article follow the link here