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Endangered Condo-Hotel Species

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

I wrote about snowbirds that were declared unwanted species in Oceanside Inn, and even though they are, in my opinion, the best owner group in any condo-hotel, seems they are going extinct.

Damn, I wish we had the endangered species list, and have snowbirds protected from legislative rash and executive rush of the Association…

Oceanside Inn in Daytona Beach

But snowbirds are not the only group that might face the extinction. The other group is owners, who live within the driving distance, i.e. those in Florida, who live within 3-4 hours, and could be coming for weekends.

With 52 weeks in a calendar year one might consider spending here 104 days a year coming every weekend. No, I do not believe that someone would be coming here that many weekends, but let people decide how much time they can spend in their vacation place.

Why would the Board make it illegal? If it is not the owners, then whose benefit is i? Who is the Board representing?

Good question, but except for creating the endangered condo-hotel species list…I do not have the answer.
What I know, however, is how the seemingly innocusous move (for the board of Directors) affects the values and the chances to sell units in Oceansiode Inn in the future. You can read about it here.

First posted on my personal blog on www.Daytona-Condos.com

Mark Horan
Resident Team Realty, LLC & Toni's Property Management LLC - Saint Cloud, FL
"The Resident Chef" - Resident Team Realty LLC &

Jon, does seem counter productive keeping partial residents away. Silly actually.

Feb 04, 2015 04:09 AM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Mark - in a condo situation when you have a reason, you explain it at the meeting. They did not explain why at the meeting. They were making interpretations of the governing documents trying to support their move.

So yes, they first decided to be bad to owners, and then sat with the attorney trying to find a way to be hostile. For some strange reason, people think that when they can find a justification, even if it is nothing more than a pretext, it is fine to be adversarial.

Feb 04, 2015 05:56 AM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Jon - That's an interesting situation, and I've been trying to understand whatever logic might be behind it. I have to say I'm stumped, as you seem to be as well, as to what the benefits might be (except maybe to drive down the value and buy at depressed prices, and then change the policy, but no one would do that, would they?)

Feb 04, 2015 06:16 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Clearly, the owner residents do not understand that this will reduce their market value by reducing the marketability.

Follow the money.  Who IS benefiting???

Feb 04, 2015 06:55 AM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Dick - you are so right. And nobody should. Actually, I believe this is not the plan, but rather lack of capability to understand the ramifications of their actions. Sometimes the answer is the simplest one, and here I believe it is that they did not really even consider anything. And another issue here. There is a Association Management Company. Any reasonable manager would see it and warn them. Here it is the opposite, it is the management company trying to destroy the property. What is their benefit is a question for me. I think it is simply a personal vendetta agianst a few owners, and to defeat the mouse, they are blowing up their world.

Feb 04, 2015 07:28 AM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Lenn - I thought the same, but it seems it is a war against "the enemies". The Manager and the Board united in not liking someone in Oceanside Inn, and are creating rules to hurt someone, and can't care less that they are hurting everyone there.

Guys excelled in manipulation. Not that this is their job description, but people do what they can, instead of what they should.

The problem in condo-hotels is that these are second homes (and trully not even second homes, even without these draconian measures). So people do not want to get involved.

Incapable Board may stay the same way for years, with nobody even willing to serve, so there are no elections. This is what we see and not only in Oceanside Inn. Fountain Beach Resort is basically without a change (very minor) is this way for years as well.

Feb 04, 2015 07:36 AM
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Wow Jon, this is an eye opening scenario for this condo complex & they are definitely cutting off their nose here.

Feb 04, 2015 09:57 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Ginny - they, probably, did not think about it.

Feb 04, 2015 11:00 PM