Horizons Condominium with it fancy rounded elements look quite modern, even though it was built in 1979.
This 19-story building (20 if you consider that penthouses are in two levels) has 69 2- and 3-bedroom condos, all of which are oceanfront. Excellent view of the ocean, and the river from the middle of the building and up.
Currently, there is one unit for sale in the Horizons Condominium. A three-bedroom condo unit on the 4th flor for $389,750.
2 units in the building are under contract. Both are 3-bedroom units.
2 units have new owners since the beginning of the year. A 2-bedroom unit was sold for $322K and a penthouse unit was sold for $445K.
10 units changed hands in 2017.
4 units changed hands in Horizons Condominiums in 2016 and prices for 2 bedrooms were in the upper $200s and 3-bedroom in low $300s…
5 units changed hands in 2015 with even slightly lower prices…
Seems like the trend is clear.
Low inventory (only one listing at this time), the prices are up… The number of units sold last year is up. This year already 2 units closed, but the number of sold units this year is unlikely to beat last year as there is little to nothing to sell in the building…
Jon Zolsky is a condo broker in Daytona Beach area