Oceans Five

2987 S Atlantic Ave.
Daytona Beach Shores, FL 32118

  • YEAR BUILT …1975
  • STOREYS …21
  • VIEWS …Ocean, Intracoastal
  • PETS …1 pet up to 25 lbs
  • PARKING …1 assigned parking in underground garage
  • POOL …Outdoor
  • LAUNDRY…On each floor
  • GYM…Yes
  • OTHER AMENITIES…on-site manager
  • RENTALS…2 months minimum

Oceans Five is just a building #5 in the row of Oceans condominiums in Daytona Beach Shores. It was built in 1975, when the majority of the Oceans were popping up like mushrooms in the rainy Florida summer.

It is not Le Corbusier’s masterpiece, but by the standards of  the 70s, it is a modest high-rise direct oceanfront condominium building with 113 units on 21 floors. Oceans One, Three, Five & Seven are identical in their exterior. 6 units on the floor. The units are zig-zagged, so that each unit has direct oceanfront. Technically all units there are direct oceanfront but all of them also enjoy a great view of the Intracoastal.

Units are not really large, range from 1,028 SF inside to just over 1,120 SF. Need to mention good size balconies.

One of the nicest areas. An over a mile-long stretch of the Oceans enjoys a clean residential character. No hotels and motels. Shopping Center anchored by Publix Supermarkets is across the street from the ocean. Public tennis courts are next to it. And behind is a 13-hole golf course, the only one in Daytona Beach Shores. To  the south of the golf course, there is a pet park.

There are not many places in Daytona Beach area, where you have a feel that you are in the city. Small, friendly, but still a city, You do not need a car there, everything is close. And there are actually people in the streets, which is not common for Daytona Beach area.

All units are 2 bedr/ 2 baths, with laundry on each floor. Underground parking with one reserved space per unit, some unreserved spaces on a first come first serve basis, plus ample parking on the ground level outside for visitors and guests. Minimum rental restriction is 2 months, pets are allowed, one pet up to 25 lb (if I remember this correctly) per unit. Maintenance is around $400 per month (this number may change every year). Taxes vary, use 2.3%-2.6% of the value as an approximate number.

There is a social room with full kitchen on the first floor where you can run parties. You have to request it from the on-site manager. $50 cleaning fee is refundable if it is left clean. The pool is outside, it is heated, but when it gets colder, the heater may be turned off. Floridians are spoiled and do not swims in colder weather anyway, but the electric bill is quite substantial. There is also a small gym on the first floor, and there is additional storage on the garage level, but there are fewer storage spaces than owners, so it is not guaranteed that buying a unit there, you get the storage space.

The building and the property are well maintained, in 2007 they have completed fixing concrete on balconies, and they have approximately 10 years before concrete restoration comes back on the agenda.One of the first buildings in the Oceans family. Built in 1974. Developed by Bellemead Corp.

Condo in a nutshell:
20-story building, 114 units, all 2-bedrooms/2 baths. 6 units per floor, 8′ ceiling height, laundry on the each floor.
One assigned space in the underground garage, exercise room, social room. On-site Association manager.
Outdoor oceanfront pool. Pets up to 25 lb are allowed, minimum rental period – 2 months.

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