Studio condo for sale

Overview

CASH ONLY. Investment opportunity for a direct oceanfront unit in what promises to be an upscale resort! Tenth Floor unit in the historic Daytona Beach Plaza Resort and Spa. The Plaza Resort and Spa has a rich history in the World's Most Famous Beach and boasts one of the best oceanfront locations with walking distance to restaurants, shops and entertainment. Some of the exclusive Amenities include a 15, 000 sq. ft. European spa complete with a salon, state-of-the-art fitness center, sparkling heated pool, full bar, restaurant, and on-site management. The property is currently undergoing a massive $45 million renovation. All units are being completely renovated and the building is closed during this work which is expected to complete Mid 2024.The renovations will include new flooring, furniture and hurricane shutters for a turnkey investment unit. The owners are able to occupy their unit 60 days of the year and rent it out using the hotel rental program; split is approximately 50/50. Please note the pictures are old and are before renovation.