New Condo Name in Daytona Beach Shores

By
Real Estate Broker/Owner with Daytona Condo Realty, 386-405-4408

Actually, this is a new name but not a new Condominium Building in Daytona Beach Area. Recently Islamorada Condominiums in Daytona Beach Shores were solIslamorada Condod to Canadian Investors, and they are changing the name to Opus.

The investors bought it for about $12 Mil, which is half what the original developers Jim Mack and Alan Koch owned to Wachovia Bank.

Exit Realty of Daytona will be handling sales. Prices start from low $200s and as of now I do not know how high they will go. Hope the sales will be brisk. Hate seeing an empty brand new building right on the World’s Most Famous Beach.

Read more about this condominium in Daytona Beach Shores in my relatively recent blog How To Buy 53-unit Oceanfront Condo Building for $100

 

Picture of Jon Zolsky

Call me if you are interested

in buying a brand new unit in a brand new building in Daytona Beach Shores. 386-405-4408

 

 

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Topic:
Home Buying
Location:
Florida Volusia County Daytona Beach Shores Opus
Groups:
Condo Specialists
Condos, What you need to know?
Local Expert
Localism Success and Accountability Group
Realtors®
Tags:
ilamorada condo daytona
opus daytona beach shores
daytona beach condos
daytona beach shores condos

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Rainmaker
129,075
Vadim Zolotarevskiy
FunCoast Realty & Management, LLC

Oceanfront is oceanfront. With $12 Mil purchase price they got a great deal. Even selling in this market, they will make money

December 27, 2010 09:52 AM
Rainer
38,773
I Pike

I am sure they will sell it off in less than a year. Spring comes, there will be plenty of people, who are thinking of having something on the beach. Especially after the winter like this.

December 27, 2010 09:58 AM
Ambassador
1,327,069
Jon Zolsky, Daytona Beach, FL
Selling Daytona paradise for heavenly good prices
Daytona Condo Realty, 386-405-4408

Yep, maybe not as much as they would have made at the leak, but it should still be profitable

December 27, 2010 10:02 AM
Ambassador
1,327,069
Jon Zolsky, Daytona Beach, FL
Selling Daytona paradise for heavenly good prices
Daytona Condo Realty, 386-405-4408

Inga - we'll see

December 27, 2010 10:03 AM
Anonymous
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Jon Zolsky, Daytona Beach, FL

Selling Daytona paradise for heavenly good prices
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