$98,000
$84,900
15.4%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
513 SqFt
SOLD DATE : 04/30/2024
Key Details
Sold Price $98,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 513 sqft
Price per Sqft $191
Subdivision Plaza Resort & Spa Condo
MLS Listing ID FC299567
Sold Date 04/30/24
Bedrooms 1
Full Baths 1
Condo Fees $1,000
HOA Y/N No
Originating Board Stellar MLS
Year Built 1969
Annual Tax Amount $352
Lot Size 1,742 Sqft
Acres 0.04
Property Description
SAVVY INVESTOR ALERT!!! Discover luxury living at The Plaza Resort & Condo, unit #705, where you'll find the most stunning ocean views from the privacy of your room as well as from two separate balconies (one facing East & one facing North). The ''05 stack'' offers the largest available footprint (i.e., 513 sq. ft.) in the complex with NO VIEW OBSTRUCTIONS to the North which is prevalent in units below the 6th floor. The seller HAS PAID the ''current'' $24K assessment for common area renovations. An additional assessment of ''approximately $45K'' is upcoming that has NOT been paid which will cover a ''complete in-room DOWN-TO-THE STUDS renovation that will include NEW PLUMBING, WIRING, INSULATION, IMPACT SLIDERS, STEEL ENTRY DOORS, & SECURITY SYSTEM.'' In addition to offering (con't)
more appealing in-room finishes & design, the renovation will also include expanded luxury ensuites & new furnishings. While renovations are expected to be underway until January 2025, one should anticipate a post-renovation resort experience akin to nearby 5-STAR hotels. The resort offers fine dining at the 1888 restaurant, as well as a scenic ocean-facing lounge, 15,000 sq. ft. European spa, salon, fitness center, heated pool, and convention center, all managed seamlessly by on-site professionals. Lastly, the unit offers a lucrative in-house rental program, with a 50/50 split of rental income between owners and management. With a "projected post-renovation value expected to exceed $500K", seize the chance to own a slice of paradise! Contact us today for a private viewing and embark on your journey to oceanfront luxury. CASH OFFERS ONLY!
Location
State FL
County Volusia
Community Plaza Resort & Spa Condo
Zoning MULTI-FAM
Interior
Interior Features Other
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplace false
Appliance Other
Laundry Common Area
Exterior
Exterior Feature Irrigation System
Garage Assigned, Underground
Garage Spaces 2.0
Community Features Pool
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront false
Roof Type Other
Attached Garage true
Garage true
Private Pool No
Building
Story 14
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Concrete
New Construction false
Others
Pets Allowed No
Senior Community No
Ownership Condominium
Monthly Total Fees $1, 000
Acceptable Financing Cash
Membership Fee Required None
Listing Terms Cash
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with COLDWELL BANKER REALTY
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1400 S International Pkwy, Lake Mary, FL, 32746, USA