Daytona Beach, FL Real Estate News

By Ron Wysocarski, CEO, Pricing Specialist
(Wyse Home Team Realty)
Wyse Report: May Condo Sales Steady Condo sales around the greater Daytona Beach area rose marginally year over year as prices dipped marginally. According to the Daytona Beach Multiple Listing Service (MLS), there were 121 condo sales in May, which is three more sales than occurred in both April of this year and May of last year.  Median sales prices, meanwhile, dropped by a marginal $2,500 from last May and fell by $11,500 from April of this year.       More >   Daytona's growth and revitalization is drawing great attractions, companies, jobs and about 10,000 new residents per year. Here's development just done or currently underway that will bring the next round of companies and job seekers to Daytona Beach:   More >   All the new commercial development is prompting construction pro...
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By Joyce Marsh, Joyce Marsh Real Estate LLC - Coast & Luxury
(Joyce Marsh Real Estate LLC)
Daytona Beach Waterfront Real EstateFor the avid boater or water lover looking for a new Florida residence, the homes in the greater Daytona Beach Area For Sale should be a natural choice to keep in mind. Available Waterfront properties consist of single family homes, and condominiums in all price ranges from moderately priced to multi-million dollar luxury mansions. Regardless of your budget or tastes, the greater Daytona Beach - Ormond Beach - New Smyrna Beach area has the perfect home for you.  Joyce Marsh, Illustrated Properties can help you find your Florida dream home: Click Here To Search for Waterfront Real Estate in Daytona Beach Areas  About: Joyce Marsh Homes & Lifestyles is a Leader in Luxury and Waterfront Real Estate in the Central Florida area. We work exclusively with ho...
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By Joyce Marsh, Joyce Marsh Real Estate LLC - Coast & Luxury
(Joyce Marsh Real Estate LLC)
Daytona Playhouse What's Playing! Directed by Larrie TiffanyDon't miss this great show! Rex's Exes   A Southern Fried Farce - Rex's ExesDirected by Larrie TiffanyBook by Jamie Wooten, Jessie Jones, and Nicholas HopeThis deliriously funny Southern-Fried farce finds the Verdeen cousins of Sweetgum, Texas - Gaynelle, Peaches and Jimmie Wyvette teetering on the brink of disaster again.  Presented by Daytona Playhouse, Daytona Beach Florida100 Jessamine Blvd Daytona Beach 32118386-255-2431    Show Dates:June 3, 4, 9, 10, 11 – 7:30pmJune 5, 12 – 2:00pmA SOUTHERN-FRIED FARCE_____________________________________________________________The Cast:Cee Cee Windham  …....................Robin DavisGaynelle Verdeen ….....................Tara KisslingJimmie Wyvette Verdeen ......…Dianne PellatonPeaches...
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By Joyce Marsh, Joyce Marsh Real Estate LLC - Coast & Luxury
(Joyce Marsh Real Estate LLC)
    Tangers Outlet MallDaytona Beach Florida  A New Shopping and Dining Entertainment District in Daytona Beach is Underway    The Tangers Outlet Mall, Daytona Beach Florida  Construction is underway in Daytona Beach and very soon we will have a new shopping mecca, the Tangers Outlet Mall. Tanger purchased the 39 acre site from Daytona Beach based Consolidated-Tomoka Land Co. (NYSE:CTO)      The Tangers Outlet Mall project is expected to create over 1000 jobs, and generate an estimated $7M+ in annual sales tax revenue.  New York based Create Architeture Planning & Design PLLC is the project Architect.  Tanger Factory Outlets own, operate or has ownership interest in 42 shopping centers nationwide.  Tanger President and CEO Steve Tanger has optimistic outlook for the future of outlet mal...
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By Ron Wysocarski, CEO, Pricing Specialist
(Wyse Home Team Realty)
Wyse Report: April's Sinking Home Sales April home sales sunk a bit around the greater Daytona Beach area, compared to a year ago, as inventory remained low. And though median prices rose year-over-year, the price gains weren’t as great for single family homes as they were for condos condos in April.    More >   With Florida home prices expected to appreciate by over 9% this year, some are beginning to worry about a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine. More >   We hear a lot about Baby Boomers wanting to downsize. But the reality is that for all the threats of moving into tiny homes and oceanfront condos, many of them aren't following through. They're all talk and no action. But why? More >   Whether you're about to...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
Pendleton Club Condominium is a riverfront (Intracoastal) condominium building. One of the first condos not only in Daytona Beach, but also in Florida. Even though it was built in 1963, it is still one of the best-built condominiums in the area. Very sturdy, inside corridor system, doorman, one door is to your unit, and the other door from the corridor to your kitchen is for groceries…I am sure in the 60s this was the most luxurious building in the area. Excellent grounds. Large pool, could be heated but the owners choose not to heat in winter as nobody use it, and the cost of heating is substantial.There is a concrete walkway along the river on the property, benches… Mature trees crate shade over BBQ area. Pendleton has its own ramp for the boats, and some owners keep their kayaks atta...
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By Joyce Marsh, Joyce Marsh Real Estate LLC - Coast & Luxury
(Joyce Marsh Real Estate LLC)
The Presidential Election and Its Impact on Housing Every four years people question what effect the Presidential election might have on the national housing market. Let’s take a look at what is currently taking place. The New York Times ran an article earlier this week where they explained: “A growing body of research shows that during presidential election years — particularly ones like this when there is such uncertainty about the nation’s future — industry becomes almost paralyzed. A look at the last several dozen election cycles shows that during the final year of a presidential term, big corporate investments are routinely postponed, and big deals are put on the back burner. The research is even more persuasive on the final year of an eight-year presidential term, when a new candi...
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By Ron Wysocarski, CEO, Pricing Specialist
(Wyse Home Team Realty)
Condo sales tumbled and prices soared in April. Here's why...          The Wyse Report   April Condo Sales & Prices An analysis by The Wyse Home Team at Keller-Williams Realty in Port Orange, FL, showed condo sales around the greater Daytona Beach area dipped 5.6 percent year over year as prices skyrocketed by more than 48 percent.....     ......MORE.   Free Private Jet Charters With Condo Purchase? It's no secret how difficult it can be to sift through the long lists of amenities that Florida condo complexes offer when considering a unit to buy. Buyers must determine what's most important to them because complexes can offer a wide array of amenities and services such as pools, tennis courts, golf courses... and private jet charters? You got it! There's a .....  ......MORE. New Smyrna ...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
I am pulling single-family attached homes in a particular area. I have a limit on price, so only 3 pop up on our MLS.Out of 3 supposedly townhomes, 2 are actually condos. I know that they are condos without checking simply because I know all condos in our area.Well, not every agent knows all condos, and I do not expect agents to know all the condos, but when listing a property, you go to Property appraiser’s site and it simply makes sense to look at Property Class right at the top of the page, it tells you right away whether you are dealing with single family home, or a condo.Dear agents, who believe that the difference between condos is that condos are in one level and single-family attached, or town homes are those, that are in 2 or more levels and have the stairs inside. It is not al...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
Fountain Beach Resort seems to be enjoying the stability, and this is not all condo-hotels have at this point. They are stabilized, steady, and owner are, pretty much, happy.And for condo-hotels this is big.There are 10 units for sale in FBR, which is about 7% of all units in the resort, and this is considered a “healthy” ratio. Prices start from $53,500 which a bit is higher than even in more affluent Plaza Resort & Spa.Funny how things happen in life. Who in their sound mind would be comparing Fountain Beach Resort to Plaza a decade ago? They were not comparable. They were not even in the same league…Now they are much closer, and I am not surprised that some people may even prefer FBR to Plaza at this juncture. Not surprised as FBR owners operate in the black. Not only they are coveri...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
There seems to be more activity behind the scenes in The Plaza Resort & Spa, that what we can see on the surface.Looks like timing is in Plaza’s favor, tourism in Central Florida is on the rise, and they might be on the brink of finally making some sense and break even, as being in the red financially for the last couple of years did not make owners happy.To the point, that there are owners who are suing the current owner of commercial space and 100 unsold units Arbor Capital and the Rental Management company, Boykin, chosen by Arbor capital. I was told that it is a Class Action suit. Wow…I have very little if any hope in the success of this lawsuit. So far I did not see owners winning. Arbor Capital sure has an excellent team of lawyers, and a deep enough pocket to drown a few enthusia...
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By Joyce Marsh, Joyce Marsh Real Estate LLC - Coast & Luxury
(Joyce Marsh Real Estate LLC)
  Joyce Marsh - Premier Sotheby's International RealtyYou can always rely on The Joyce Marsh Team at Premier Sotheby's International Realty in the greater Daytona Beach area for all of your real estate needs. We pride ourselves on having the knowledge, negotiating skills, and real estate expertise from listing and marketing your property to getting the deal done and closed at the highest sales price.Selling real estate is much more than getting a contract.  It takes extensive knowledge, negotiating skills and oversight to make sure that once a contract is in place the sale closes.    Search for available homes in the MLS About:  Joyce Marsh is a leader in luxury and waterfront real estate in the central Florida area.  We work exclusively with home sellers and home buyers.  Expertise in ...
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By Ron Wysocarski, CEO, Pricing Specialist
(Wyse Home Team Realty)
           The Wyse Report   March Home Sales & Prices March home sales struggled to keep pace amid strong buyer demand and low listing inventory, causing median sales prices to soar around the greater Daytona Beach area. The sales numbers emphasized the market’s recent swing into sellers’ favor indicated the 2016 Spring home sales season has kicked off with a strong start. However, the conditions are creating hurdles for many...       ......MORE. Florida's Safest Cities Home buyers have long been drawn to the city of Port Orange when looking for a place to buy and home and lay roots in the greater Daytona Beach area. There's good reason for that. In fact, there are MANY good reasons for that. High home values. Great shopping and dining. The area's best schools. And Port Orange year af...
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By Joyce Marsh, Joyce Marsh Real Estate LLC - Coast & Luxury
(Joyce Marsh Real Estate LLC)
Kentucky Derby GalaOrmond Beach FloridaThe Junior League of Daytona Beach The Junior League of Daytona Beach is presenting the 1st AnnualKentucky Derby Gala on May 7, 2016 at a beautiful riverfront mansion on our very own"Millionaire's Row" in Ormond Beach. A Fashion Show of Couture Hats will be presented designed by celebrity hat designer Arturo Rios.  He was impressed with the work the Junior League of Daytona Beach does and was willing to partner with The Junior League for the Hatwalk Fashion Show.  All proceeds from ticket sales and silent auction to further the mission of the JLDB to help women and children in Volusia and Flagler Counties.    
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
Daytona Inn Beach Resort is a condo-hotel in the heart of Beachside. Actually, it is right by the side of this arch over the ramp to the Beach “World’s Most Famous Beach”You simply can’t be more “central” to the beachside than this.The Condo-hotel was built as a Hotel in 1961. When I started in Daytona as a Real Estate broker in 1999, it was already a condo-hotel for a few years. Hurricane Charley in 2004 took it roof off but not much damage overall. But for a condo-hotel built in 1961, the time came for concrete restoration, and for owners this means Special Assessment. The Special Assessment is done in phases, so it would take them some time to do the whole building. Right now the work is done on the south wing.While owners would have to pay for this in installments in few year period...
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By Joyce Marsh, Joyce Marsh Real Estate LLC - Coast & Luxury
(Joyce Marsh Real Estate LLC)
  Pelican Bay Daytona Beach FloridaGated Golf Community Homes For Sale"Live the Dream Florida Lifestyle" in beautiful Pelican Bay in Daytona Beach Florida    Pelican Bay is a gated community with 2 entrances manned 24/7 at both entrances and 24 hour roving patrol.Residents Secure Entry with barcode system2 Golf Courses and Country ClubPickle Ball CourtsCountry ClubTennis CourtsBeautiful Lakes and Tropical Trees & Plants throughout this wonderful community at Pelican Bay with a variety of beautiful birds and wildlife. 110 acres of waterways are in Pelican Bay.Pelican Bay offers a variety of Waterfront homes and villas with nature all around you and serene views of the golf course and lovely lakes.Affordable living with attached villas and patio homes priced from $90's up - Maintenance fr...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
In the last several years Daytona was rocked by big-big announcements. $417 Mil for revamping the race track, $880 Mil for a 188-acre site across the Race Track called Daytona One, $130 Million biggest Hotel/Condo 2 tower development by Protogroup on the ocean, Hard Rock Hotel and Restaurant, Westin Hotel, High-rise bridge over Intracoastal…If we believe everything we are told, Hard Rock complex should have already been open and running… but it is vacant land and nothing else on the site…as vacant as it was at time of the announcement…2 Towers by Protogroup would have been a prominent fixture of our skyline since mid 2015, and there is nothing there yet…4-star Westin site is an eyesore, and the Grand Opening was promised for 2015…Yes, NASCAR went with new race track and completed on sch...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
Daytona Beach Club is a few blocks north of International Speedway Blvd. and only couple of blocks north of Main Street, the bikers’ Mecca of the World, or where it used to be before…A 117-room condo-hotel. L-shaped building with 7-story part facing the ocean and longer leg with ocean view and limited or no view units in the 6-story part of the building.Underwent major renovation a few years ago, concrete restoration work on the garage, but when you think that now it all should be fine for years to come, it is not. There is work to be done, but the scope and cost split the owners… If do everything that is on the list, then it comes close to $10K per unit in Special Assessments, so the owners are not happy with the prospect and are looking to ways to figure if some is what would be nice ...
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By Joyce Marsh, Joyce Marsh Real Estate LLC - Coast & Luxury
(Joyce Marsh Real Estate LLC)
Daytona Beach has many beautiful bridges which span the beautiful Halifax River.  The Halifax River (Intracoastal Waterway) flows through the Daytona Beach area.  From the North in the city of Ormond Beach and South to the Ponce de leon Inlet in the city of Ponce Inlet.   The Seabreeze Bridgewas constructed in 1995-1998 by the Florida Department of TransportationDistrict 5      The Seabreeze Bridge Project consisted of the construction of two high-level segmental bridges over the Intracoastal Waterway in Daytona Beach.  (This beautiful photo courtesy of Megan Marsh Photography). The two structures were each 2,290 LF and 2,320 LF in Length.  The segmental box girders were variable in depth and 49' wide in section.   The bridge was constructed on 24"SQ concrete piles and supported on prec...
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By Joyce Marsh, Joyce Marsh Real Estate LLC - Coast & Luxury
(Joyce Marsh Real Estate LLC)
The Daytona Playhouse - Daytona Beach Florida - Since 1946The Daytona Playhouse is a non profit community theatre offering high quality productions. For over 60 years, the theatre has been providing entertainment for Daytona Beach area residents. Daytona Playhouse's recent renovations to the theatre included lobby and restooms.  They were recently completed and the theatre reopened in March, 2016Upcoming Shows: Sweet Charity April 15, 16, 21, 22, 23, 29, 30 - 7:30PM, April 17, 24, May 1 - 2:00 PM Shows    Daytona Playhouse Official Website Daytona Playhouse100 Jessamine BlvdDaytona Beach, Florida 32118386-255-2431 Buy Tickets Online
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