We have 4 high profiting condos for sale at an ocean front building in Daytona Beach, Florida. The building allows any type of short term rentals and has both renters and owners staying there. We manage the rentals on our own, but the building offers a rental program or we can also recommend a property management company that manages many units in the building, if you would like a less hands on option.
3 of the units are for $115k and after paying HOA and our cleaning company, the units are cash flowing and profiting $1k-$1.5k per month.
The 4th unit is for $155k with ocean view and balcony, and after paying HOA and our cleaning company is profiting $2k-$2.5k per month.
The HOA is $650 per month and property tax is $1k per year per unit. HOA includes electric, cable, wifi, and water. Florida requires a special assessment which was successfully passed 1 year ago, so a remaining fee of $120 per month for 1 more year is also required to pay off the new sea wall. All units around 300 sq ft.
All 4 units are newly renovated within past 1-2 years. Address 1233 S Atlantic Ave, Daytona Beach, Florida, called Sea Dip. Looking to sell all units, either together or separate. Want to sell because we want to reinvest in another project. Cash or bank financing OK, no seller financing available.
Please message if seriously interested. Included here are the Airbnb listings for the units.
Unit 306 for $155k - https://www.airbnb.com/rooms/983512047079497006?fbclid=IwZXh0bgNhZW0CMTEAAR3-mOsEvifZSN8mbxmfmKSf1eJG0o-Gi8OA6KJoFEatbv8YvVx1JJKq7R0_aem_Sbj4WK5Lg8FCmy7lt_fHQQ&source_impression_id=p3_1724263898_P3kto3s6LAvujEzZ
Unit 414 for $115k - https://www.airbnb.com/rooms/975100801351230771?source_impression_id=p3_1723117305_P3ggRAU3bU0wo2N7&fbclid=IwZXh0bgNhZW0CMTEAAR1suEA_IXdmCuQGJmYAZ_7Wlfh2buuVV4ynBXXvIyGM_Cj692rT0v7AOWQ_aem_gYBwbPUgK7EUAaaznLLIZg
Unit 112 for $115k - https://www.airbnb.com/rooms/1018880676076668235?fbclid=IwZXh0bgNhZW0CMTEAAR2W5WLNWaH7AcpLJIajwq1CrFKXDev4qoqT8Az8SGDILYnmV7AslucSa4g_aem_KjMFwRg9ox9hNWZqiYejsw&source_impression_id=p3_1724263924_P3FvzzmybR5dPgW5
Unit 520 for $115k - https://www.airbnb.com/rooms/1194806878539094628?fbclid=IwZXh0bgNhZW0CMTEAAR3SEb64YgWU6ejyfazQ583LCTtyYdaBBgSgYuBZLtw9_lIMtr5jQ6IA17Y_aem_e1hhzvSh0ty75YGAFCy4ZA&source_impression_id=p3_1724263938_P3msgi1UtrkZ9QuK