Daytona Beach Ocean Front Condo
Daytona Beach Ocean Front Condo
0 bed
1 bath
985 sq ft
Built in 1973
Condominium
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Location of Neighborhood
17/20
Quality of Floor Plan
17/20
Placement in Neighborhood
8/10
Property Details
Here is a rare opportunity with an attractive price point. This ocean front end unit is on the fifth floor, with 385 square feet, and has a private beach balcony. The building has a new roof and the pool is set to open in Dec. 2024. The low HOA dues are only $425 per month and include water, electric, Wi-Fi, and cable, and all assessments are paid. The HVAC unit was also recently serviced.
We recommend replacing the flooring, painting the interior, and updating the shower to receive top dollar.
This unit allows for STR with a nightly rental rate of $138 and a 55% occupancy rate according to AirDNA. You can also market long-term rentals. In addition, this can be an easy fix and flip. With so many exit strategies, this deal is attractive to all levels of investors.
Beachfront condos like this are rare. Call your EquityPro Advisor today to secure this investment opportunity.