Palma Bella Condominium
3245 South Atlantic Avenue,
Daytona Beach Shores, FL 32118
Location
Beachside north of Dunlawton Avenue on A1A (Atlantic Ave)
A Glimpse at History
Palma Bella is one of 3 condominiums in Costa Bella Collection by Cook Development. Two other completed condos are a 100-unit magnificent Bella Vista and a very private 24-unit Marbella.
This was their last condominium before the crisis hit. By the time he finished the construction, the crisis was already creeping in, and the developer had very difficult time selling condos. Some were deeply discounted, some took a long time to sell…
Today it is a thriving beautiful luxury condominium. All units are 3-bedroom. All of them are over 2,000 sf. Some direct oceanfront, others offer an ocean view.
Condos for sale at Palma Bella Condominium
As of today, March 27, 2018, there are 5 units for sale at Palma Bella Condominium. Starting price is $487,500 for north side ocean view unit on the 6th floor, and the highest price unit is an oceanfront 3 bedroom/4 baths unit, 2,864 sf for $829,000. (See the list of available units and prices in Palma Bella Condominium).
So, there are 5 units for sale as of today. 3 units are currently under contract.
Sold Condos
So far from the beginning of 2018, there was one closing.
In 2017 12 units changed hands in Palma Bella Condominium. Compare with 6 sold in 2016 or 5 sold in 2015 and 3 sold in 2014.
This is a sign of changing market. A noticeable one.
And seems like this trend is becoming dominant in the luxury segment of the condo market in Daytona Beach area.
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I am a condo broker in Daytona Beach area. For information about condos in Daytona Beach area, please, call me at 386-405-4408 or email me.
