Experience beachfront luxury at its finest! This property presents three stunning condos on the 8th floor, each offering breathtaking ocean views. Renovated to perfection, these units feature new flooring, updated kitchens, and modern appliances, providing an inviting living space. Sold fully furnished, this turnkey property offers seamless investment potential. Whether you choose to live in one unit and rent out the others or capitalize on the short-term rental market, the opportunities for profit are endless. Currently fully occupied, with the option to reclaim one unit for owner occupancy with a 30-day notice, this property offers flexibility and immediate returns. Situated in a meticulously maintained building undergoing over $9 million in upgrades, there's no need to worry about special assessments. Owners will enjoy access to a range of amenities, with HOA dues covering water, electricity, Wi-Fi, and exclusive access to beachfront facilities. With the option to join the association's short-term rental program or self-manage, the current owner is available to assist with the transition. Offering a cap rate of 7% or more, this property is a rare opportunity to invest in beachfront luxury and enjoy lucrative returns for years to come.
Property Features
Bedrooms
- Bedrooms: 3
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 4
- Living Room Level: First
- Studio Level: First
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Interior Features
- Ninguno
- Flooring: Laminate
Appliances
- Microwave
- Refrigerator
- Laundry Features: Common Area
Heating and Cooling
- Cooling Features: Wall/Window Unit(s)
- Heating Features: Wall Units / Window Unit
Kitchen and Dining
Waterfront and Water Access
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 1
Exterior and Lot Features
Homeowners Association
- Association: Yes
- Association Fee: 1229
- Association Fee Frequency: Monthly
- Association Fee Includes: Cable TV, Electricity, Internet, Sewer, Water
- Calculated Total Monthly Association Fees: 1229
- Association Name: Will Be Provided upon Request
- Pets Allowed: No
Condo Info
- Unit Floor In Building: 8
Rental Info
- Lease Term: Minimum Lease: No Minimum
Amenities and Community Features
- Community Features: Fitness Center, Pool
Other Property Info
- 0
- Community Association WaterFeatures
- Annual Tax Amount: 1904.869999999
- Source Listing Status: Active
- County: Volusia
- Directions: Head southeast on S Ridgewood Ave toward W International Speedway Blvd Pass by Jimmy John's (on the left) Turn left onto Orange Ave Continue onto Silver Beach Ave Turn right onto S Atlantic Ave Destination will be on the left
- Tax Year: 2022
- Ownership: Condominium
- Source Property Type: Residential
- Area: 32118 - Daytona Beach/Holly Hill
- Property Subtype: condo
- Source Neighborhood: OCEANSIDE INN CONDO
- Parcel Number: 16153331008170
- Postal Code Plus 4: 5005
- Subdivision: OCEANSIDE INN CONDO
- Township: 15S
- Zoning: 04
- Property Features: Condo Fees: 0 null
- Property Subtype: Condo - Hotel
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1130
- Year Built: 1973
- Building Area Source: Public Records
- Building Area Total: 1130
- Building Name: OCEANSIDE INN CONDO
- Construction Materials: Concrete
- Direction Faces: East
- Foundation Details: Block
- Levels: One
- Property Age: 51
- Levels or Stories: 9
- Building Total Stories: 9
- Elevator: Yes
Utilities
- Sewer: Public Sewer
- Cable Connected
- Electricity Connected
- Water Connected
- Water Source: Public