The Plaza Resort & Spa I am guilty of dragging with writing about the Plaza Resort & Spa for so long. Every time I think I need to write, and I don’t do it right away, something changes. I get a call from an owner, and they tell me something […] Read more »
.Marina Grande on the Halifax. End of the Era. The end of the crisis, uncertainty, crazy low prices… I believe Marina Grande on the Halifax is the last condo development in Florida with still unsold units since the crisis of last decade. It may sound crazy, but this is true. […] Read more »
Plaza Resort in June A condo-hotel unit in the Plaza Resort & Spa was under contract for a long time. Then the deal fell through, the unit went back on the market. I submitted a full-price offer and it was accepted. I was curious why the unit did not close. […] Read more »
Daytona Condo-Hotels in June Daytona condo-hotels in June offer only 36 units for sale in the area. Out of 2,219 (without Oceanwalk with it’s 600 rooms). I have never seen the inventory this low, even at the peak of the market in 2005-2006. Then it fell from the “normal” 165-175 […] Read more »
Luxury Condos on the Beach. Daytona Beach Shores. June 1, 2021 Real Estate market is weird to say the least. Inventory is probably lower than even in the peak market of 2005- 2006, yet today and then is not really comparable. In 2005 the number of permits issued was double […] Read more »
What do Nice Ladies Do? The End of the Saga of Marina Grande on the Halifax I have been getting calls about Marina Grande on the Halifax for more than 10 years. Used to get into the details explaining things happening and not happening. Nobody cared about this magnificent project […] Read more »
Marina Grande on the Halifax Today. The longest saga of unsold condo units in Marina Grande on the Halifax, a 486-unit high-rise condo project in Daytona Beach area, is about to end very soon. Marina Grande on the Halifax today is two gorgeous 25-story towers built in 2007 in the […] Read more »
Update on the Condo Market in Daytona Beach Shores Last time I wrote an update on the condo market in Daytona Beach Shores was March 26, 2021. Today is April 22, 2021. What changed if anything in one month? A lot… There were 46 listing of condos for sale in […] Read more »
We are watching the market We are watching the market, as, probably many people do nowadays. It is changing, but how? How fast, what drives the change, what can you expect in the future? Questions, questions, questions… This report is on the lot activity in Palm Coast. Why would I, […] Read more »
Should I buy or Should I Wait? The call came yesterday evening from a client/friend in Connecticut. “I wanted to buy a condo for our retirement, they were about $160K 4 months ago, but now are $190K-$200K. What should I do? Buy now for more, or wait till the market […] Read more »
The End of the Saga for Marina Grande Level of activity in Marina Grande on the Halifax is seemingly higher lately as the inventory of never sold before units is dwindling. The bulk purchaser, who acquired 150 unsold unit together with the commercial space, has sold 100 units since their […] Read more »
.lm Coast Lot Market I am a condo broker, and rarely venture to other types of properties, especially outside of my core area. Actually, Pam Cost is part of Greater Daytona area, but this is not the reason I am writing about it. I thought that looking at rapidly changing […] Read more »