Oceanside Inn: Old trouble or new Start?
By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
Oceanside: Old Trouble or New Start?Let’s look what is happening in Oceanside Inn and compare it to other condo-hotels in Daytona Beach Shores.Oceanside Inn17 units for sale. 14% of all units in the resort. 7% is considered healthy. 14% is double that rate. It resembles a sinking ship with owners jumping off the board in panic.Starting price is $37,000 for a 433 sf unit. There are two units for sale priced in the $30K. 2 units are in the $40s. 3 in the $50sThe highest priced unit is $179,300 for a 900-sf one bedroom Penthouse, which we sold for $350K in 2005.Castaways Beach Resort1 unit for sale out of 156 total units. It is just a bit over half a percent of total number of units in the resort. Wow, there is practically no inventory. This one and only 331-sf studio for sale is priced at...
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