Hi Michael,

I have a condo for sale in zip code 32118 which is right on the beach. It is a safe area. It is a studio listed for $49,500. It is ideal for one-two people. Here is a link to what it looks like. Let me know if you are interested.

http://www.vacationrentals.com/vacation-rentals/8051.html

Jane

you can get a condo @ 1433 north atlantic daytona beach FL across from ocean good neighborhood
for about 130k or less with great amenities tennis, pool, sauna etc
write to 1433 n atlantic ave condo 124 daytona beach fl 32118 usa

Hi Michael.

I recently sold a nice 2 BR 2 BA townhome in a location superior to area code 32114 for $45K. It was bank owned. Our company specializes in bank owned property and we get buyers great deals.

I own investment property in 32114. I am cautioned to not talk about crime rates as a Realtor - however I am a retired Police Commander (24 years experience) and I am an expert in this area. There are sections of zip code 32114 that I would consider high crime areas - prostitution and street drug sales are readily visible when driving in these areas. For its size, Daytona Beach has a relatively low violent crime rate compared to what I am used to. Like anything else, it's all about location.

Thanks,

Phil Hanner
Concord Real Estate

Hi Michael -- At the present time, there are no listings in the MLS for properties under $40,000. There is one very nice 1br/1ba condo that is under contract for $36,000. Here is everything that's on the market at the moment: http://www.floridamoves.com/property/PropertyResults.aspx?Se…

To answer your other questions, though, if you find one for $40,000, the closings costs for a cash sale are minimal. Probably less than $1000 (if there's a HOA set-up fee, plus you'll want to pay for a one - year homeowners insurance policy to protect your home against loss, and $50 or so to record the deed). Most of the other closing costs are customarily paid by the seller. This is a very nice area, but to find out in detail if there are any problem areas for crime, I would contact the local police or sheriff. They would be able to give you the best information.

To search for homes in this zip code, go to http://www.FloridaMoves.com/Louise.Warring. Go to the "advanced search" section and input the zipcode, etc.

Happy House Hunting! Buying something instead of paying rent for two years is a great idea. I did it when my daughters went away to college and it worked out wonderfully.

Louise Warring
Coldwell Banker Residential Real Estate