Plaza Resort & Spa in Daytona Beach. November 2011

This post was written in November, but for some reason I did not publish it at that time. I thought to delete it, but then looked at the listings, and it is a great comparison to today (copmare it with my blog posted last week).

Very telling change. So, I decided to post it now. Sometimes "old" stuff is as good as new, if not better.

Plaza Resort & Spa at 600 N. Atlantic Ave in Daytona Beach is a premiere condo-hotel in the daytona beach area. Here is the link to over 20 blogs that I wrote about it, which can give you all the information about this property, and, because they were written in the course of 2-3 years, you could see the dynamic of the market.

Interestingly, the inventory in Plaza Resort & Spa went up, and is now 30 units for sale. I think it reflects that this is our seasonal slow time, so fewer sales, and that's how we gained 4 units (last time I checked there were 26 units for sale).

Not only the inventory went up, but the prices went a bit down, and while they are still a far cry from where they were 2 years ago, they are less than just a month ago.

This 323-room resort is in the heart of Daytona Beach. Maintenance fee $428.22. Plus $16.41 insurance for the inside. Taxes vary depending on what owners paid for their unit, but you can approximate them at 2.5 -2.6% of the value (what you paid for). No pets. Owners stay, if on rental program, limited to 60 days a year, and not more than 30 consecutive days.

Condo-hotels, including Plaza Resort & Spa, can be a good alternative to more expensive Oceanfront condos. If you are interested in condo-hotels or condos in Daytona Beach area, call me at 386-405-4408.