$399,000
PROVEN AIRBNB — RARE INCOME OPPORTUNITY ON THE NO-DRIVE BEACH Top floor, south-facing, with better than 250 degrees of view. Ocean on one side, city lights on the other, and sun through the open layout all day long. The kitchen is built for people who actually cook — grey cabinetry, stainless appliances, and a granite breakfast bar with room to sit and talk while dinner happens. Two bedrooms, two and a half baths. Room to host and room to disappear. Most of this coastline won't let you rent short-term. This one does, and it already has. Live in it, rent it, or let it pay for itself between visits. Income detail in supplemental remarks. All information deemed reliable but not guaranteed. Buyer and buyer's agent to verify all measurements, rental figures, association rules, and short-term rental permissions independently. The short-term rental approval is the asset here. Along this stretch of Ormond and Daytona, the overwhelming majority of oceanfront buildings prohibit it outright or cap minimum stays at thirty days. That restriction is what separates a condo you visit from a condo that produces. This one produces. This unit is currently under professional short-term rental management and performing. That history transfers with the sale — the buyer steps into an established, operating listing rather than building one from zero. What drives revenue on this coast is event weeks, and they run most of the year — Bike Week, the 500, Jeep Beach, Rockville, Biketoberfest, Turkey Run. Those weekends price at multiples of a normal night, and a top-floor two-bedroom with this view competes at the top of the market for every one of them. Summer carries the rest. Two bedrooms and two and a half baths matters more than it sounds. Most short-term inventory in these buildings is one-bedroom, which caps you at a couple. Two separate bedrooms and a half bath for guests opens you to families and to two couples splitting a trip — a materially larger and better-paying pool of travelers. The buyer who gets the most out of this is the one who doesn't want a second job. Management is in place and can continue uninterrupted from closing. Agents: contact listing agent for income figures and management options. All information deemed reliable but not guaranteed. Buyer and buyer's agent to verify all measurements, rental figures, association rules, and short-term rental permissions independently.
2
Beds
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3
Baths
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1231431
MLS
1513 Ocean Shore Boulevard Unit 11C, Ormond Beach
Listing courtesy of Ted Rugg & Associates LLC.
