UPDATED:
Key Details
Sold Price $75,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 513 sqft
Price per Sqft $146
Subdivision Plaza Resort & Spa Condo
MLS Listing ID T3491790
Sold Date 11/25/24
Full Baths 1
Condo Fees $961
Construction Status Other Contract Contingencies
HOA Fees $961/mo
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 1969
Annual Tax Amount $318
Property Description
Some of the exclusive Amenities include a 15,000 sq. ft. European spa complete with a salon, state-of-the-art fitness center, sparkling heated pool, full bar, restaurant, and on-site management.
The property is currently undergoing a massive $45 million renovation with a goal to take this to a 5 Star luxury resort. All units are being completely renovated and the building is closed during this work which is expected to complete Mid 2024. The renovations will include new flooring, furniture and hurricane shutters for a turnkey investment unit. The owners are able to occupy their unit 60 days of the year and rent it out using the hotel rental program; split is approximately 50/50.
Please note the photos of the unit and building are from before the gutting and renovation work and are solely provided to give an idea of the spaces and views - not what the updated unit will look like.
The Plaza Resort and Spa is presently closed for renovations, Sale is cash as conventional financing is not available. This unit sold for over $200,000 almost twenty years ago, and when finally completed this unpolished gem will shine!
All information is deemed accurate but not guaranteed. Buyer is expected to perform Due Diligence.
Location
State FL
County Volusia
Community Plaza Resort & Spa Condo
Zoning HOTEL
Interior
Interior Features Open Floorplan
Heating Central
Cooling Central Air
Flooring Carpet
Fireplace false
Appliance Bar Fridge, Cooktop
Laundry None
Exterior
Exterior Feature Balcony, Sliding Doors
Pool In Ground
Community Features Deed Restrictions
Utilities Available Public
Amenities Available Fitness Center, Other, Pool, Recreation Facilities, Security
Waterfront Description Beach Front
View Y/N 1
Water Access 1
Water Access Desc Beach
View City, Water
Roof Type Other
Garage false
Private Pool No
Building
Story 14
Entry Level One
Foundation Other
Lot Size Range Non-Applicable
Builder Name Plaza Resort
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Construction Status Other Contract Contingencies
Others
Pets Allowed No
HOA Fee Include Cable TV,Common Area Taxes,Pool,Electricity,Insurance,Maintenance Structure,Management,Other,Pest Control,Recreational Facilities,Security,Sewer,Trash,Water
Senior Community No
Ownership Condominium
Monthly Total Fees $1, 922
Membership Fee Required Required
Special Listing Condition Probate Listing
Bought with COLDWELL BANKER REALTY
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