SAVVY INVESTOR ALERT!!! Discover luxury living at The Plaza Resort & Condo, unit #705, where you'll find the most stunning ocean views from the privacy of your room as well as from two separate balconies (one facing East & one facing North). The ''05 stack'' offers the largest available footprint (i.e., 513 sq. ft.) in the complex with NO VIEW OBSTRUCTIONS to the North which is prevalent in units below the 6th floor. The seller HAS PAID the ''current'' $24K assessment for common area renovations. An additional assessment of ''approximately $45K'' is upcoming that has NOT been paid which will cover a ''complete in-room DOWN-TO-THE STUDS renovation that will include NEW PLUMBING, WIRING, INSULATION, IMPACT SLIDERS, STEEL ENTRY DOORS, & SECURITY SYSTEM.'' In addition to offering (con't) more appealing in-room finishes & design, the renovation will also include expanded luxury ensuites & new furnishings. While renovations are expected to be underway until January 2025, one should anticipate a post-renovation resort experience akin to nearby 5-STAR hotels. The resort offers fine dining at the 1888 restaurant, as well as a scenic ocean-facing lounge, 15, 000 sq. ft. European spa, salon, fitness center, heated pool, and convention center, all managed seamlessly by on-site professionals. Lastly, the unit offers a lucrative in-house rental program, with a 50/50 split of rental income between owners and management. With a projected post-renovation value expected to exceed $500K , seize the chance to own a slice of paradise! Contact us today for a private viewing and embark on your journey to oceanfront luxury. CASH OFFERS ONLY!
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Dimensions: 47 x 11
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 3
- Living Room Dimensions: 47 x 11
- Living Room Level: First
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Appliances
- Laundry Features: Common Area
Heating and Cooling
- Cooling Features: Wall/Window Unit(s)
- Heating Features: Wall Units / Window Unit
Interior Features
Kitchen and Dining
- Kitchen Dimensions: 7 x 5
- Kitchen Level: First
Exterior and Lot Features
- Irrigation System
- Road Surface Type: Paved
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 2
- Parking Features: Assigned, Underground
Land Info
- Lot Size Acres: 0.0439853
- Lot Size Square Feet: 1916
Homeowners Association
- Association: Yes
- Calculated Total Monthly Association Fees: 1000
- Pets Allowed: No
Condo Info
- Unit Floor In Building: 7
Rental Info
- Lease Term: Minimum Lease: 1 Month
Amenities and Community Features
Other Property Info
- Annual Tax Amount: 352
- Source Listing Status: Pending
- County: Volusia
- Directions: From ISB, take A1A north to Seabreeze Blvd. The plaza is on the east side of the road.
- Tax Year: 2023
- Ownership: Condominium
- Source Property Type: Residential
- Area: 32118 - Daytona Beach/Holly Hill
- Property Subtype: condo
- Source Neighborhood: PLAZA RESORT & SPA CONDO
- Parcel Number: 5304-14-00-0705
- Postal Code Plus 4: 3803
- Subdivision: PLAZA RESORT & SPA CONDO
- Township: 15
- Zoning: MULTI-FAM
- Property Features: Condo Fees: 1000 Monthly
- Property Subtype: Condo - Hotel
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 513
- Year Built: 1969
- Building Area Source: Public Records
- Building Area Total: 513
- Building Name: PLAZA RESORT & SPA
- Construction Materials: Block, Concrete
- Direction Faces: Northeast
- Foundation Details: Slab
- Levels: One
- Property Age: 55
- Levels or Stories: 14
- Building Total Stories: 14
- Elevator: Yes
Utilities
- Sewer: Public Sewer
- Cable Connected
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source: Public