Showing posts with label Oceans Three. Show all posts
Showing posts with label Oceans Three. Show all posts

Tuesday, September 8, 2015

Are you a Snow Bird Wanna Be?

Even if your sunburn from Labor Day hasn't faded yet, it is not too early to plan for when the snow is flying up north! When people find out I'm a Realtor in the Daytona Beach Area they usually ask if there are still "good deals" out there. Between summer's three day weekends and The Holidays things slow down a bit in this resort town, so your time couldn't be better!

Check out this bank owned beach front condo in the newly renovated Oceans Three Condominium.  Located in the most desirable part of Daytona Beach Shores, you can literally park your car and forget it since the new Publix grocery store is directly across the street along with many restaurants and other shops. People have been paying close to $200K for the un-renovated units, but at $154,900, you will have enough left over for a new kitchen, two new baths, and all the granite counter tops you could wish for!

Another option is the Marina Grande On The Halifax Condominium. This glamorous complex is for the buyer who prefers contemporary living with resort amenities and a dock. Located directly on the Intracoastal Waterway, and around the corner from the Seabreeze Causeway, you will be amazed by the views up the Halifax river and of the Atlantic. At night things really light up as the beach sky line begins to twinkle! This complex was completed right at the wrong time. Trust me, the original buyers did not purchase in the mid $200's, but you can. Two pools, dock, state of the art fitness center, billiards, and a ballroom, it's all there at a great price.

Condo living not your thing?  There is only one gated community on the beach, and most folks drive right on by never knowing what a great gem it is! Key Colony is poised between A-1A (Atlantic Ave.) and Peninsula Ave. and shares a pedestrian over pass with the Daytona Shores Spa and Resort for easy access to the beach. When you are all "beached out" you can enjoy the pool and tennis courts. These cute coquina bungalows are nearly maintenance free, so you can come and go as you please without worrying if the lawn has been cut. Most of the homes are in the lower to mid $300's, but the link above will take you to a bank owned steal!

So, yes, there are some great deals out there. Call me.  Don't be a Snow Bird without a nest!

Saturday, January 31, 2015

Janet, How's The Market?



"Janet, how’s the market in Daytona Beach Shores?"


Happy 2015! It’s time to look back and see how real estate performed in Daytona Beach Shores over the past 12 months.

When we last checked Annual Market Statistics for  2013-2014, we saw very positive growth as the market began to “come back”. Let me show you:


In the twelve month period of 2012, a total of 362 homes sold and the Days on Market averaged 160 days. An average 2 bedroom (BR) condominium home in Daytona Beach Shores sold for $154,412, while 3 BR homes sold for $304,820. 

In the same period of 2013 we saw 377 homes sold with an average Days on Market steady at 159 days. The average sales price for a 2 BR was up 9% ($14,505) and 3 BR were up 7% ($21,639). 

For 2014 things were still positive, but prices moderated. Between January 1, 2014 and 2015 we saw slower growth, but quicker sales. The average Days on Market were down to just 132 days, or a difference of one month! A total of 349 homes sold as supply went down. The average sales price for a 2 BR was $175,000 up only 3.6% from the previous year. The average sales price for a 3 BR was $326,639 up 7%.


For those of us who live in the area, we know that several older buildings like Oceans West, Oceans Two and Oceans Three were undergoing extensive concrete restorations and renovations. These buildings account for a significant amount of 2 BR condominium inventory. Now that renovations are in their final stages, it will be interesting to see how prices change in our part of the Daytona Beach Area for 2015!