$135,000
$130,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
320 SqFt
SOLD DATE : 12/07/2021
Key Details
Sold Price $135,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 320 sqft
Price per Sqft $421
Subdivision Ocean Jewels Club
MLS Listing ID O5986044
Sold Date 12/07/21
Bedrooms 1
Full Baths 1
Construction Status Inspections
HOA Fees $262/mo
HOA Y/N Yes
Year Built 1952
Annual Tax Amount $759
Property Description
INVESTOR ALERT!!!! CASH COW!! 19% net annual return!!! Gross income annually is $28k. Stop your car right now and smell the beach sand. This is a beachfront resort!! Just a stone throw away from everything at your fingertips!! Restaurants, shopping, clubs, bars, world class beach, Daytona speedway and much more. You can't beat it!! Park your cash here today!! Fully permitted for nightly short term rentals or you can also live in the unit year around you choose. Located in the heart of Daytona Beach. This unit is a 1 bedroom 1 full bathroom 320 SQFT oasis that's TURN KEY. Actively on Airbnb/ VRBO. You will not find anything else like this on the beach for this price point!!!! Not to mention all furnishings are included in the sale. The unit was professionally decorated! You can't beat it!! There is nothing that needs to be done to the unit. Hassle free!! Did I mention that this unit has one of the lowest HOA fees?? Only $262.27 monthly and that includes electric , water, trash, and internet. Daytona Beach is among one of the TOP Five US growth markets for visitors. The owner is only selling because he's investing into larger projects.
Location
State FL
County Volusia
Community Ocean Jewels Club
Zoning RESI
Interior
Interior Features Kitchen/Family Room Combo
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplace false
Appliance Bar Fridge, Microwave
Exterior
Exterior Feature Other
Parking Features Assigned
Community Features Deed Restrictions, Fitness Center
Utilities Available Cable Connected, Electricity Connected
Amenities Available Fitness Center, Pool, Spa/Hot Tub
Roof Type Other
Attached Garage false
Garage false
Private Pool No
Building
Story 5
Entry Level One
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Inspections
Others
Pets Allowed Breed Restrictions
HOA Fee Include Cable TV,Electricity,Internet,Maintenance Structure,Maintenance Grounds,Pool,Sewer,Trash,Water
Senior Community No
Ownership Condominium
Monthly Total Fees $262
Acceptable Financing Cash
Membership Fee Required Required
Listing Terms Cash
Special Listing Condition None
Read Less Info
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