Do you know the monthly dues?This question was asked from http://www.trulia.com/property/3160932371-944-S-Peninsula-Dr-207-Daytona-Beach-FL-32118?ecampaign=con_day_propertycomp_bk&eurl=www.trulia.com%2Fproperty%2F3
When it comes to any safety/crime related issues, it's always best to contact the local authorities with all your questions, hear all there is to hear firsthand. If unfamiliar with the area(s) do revisit more than once and at different times of day, possibly chat with locals/neighbors. Real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods.
Yes they do alloy ,daily, weekly or monthly rentals ( to any one person for six month's max) . Owner can stay for six months a year. Building was a hotel at one time. Rooms are now sold as condo's But can be rented same as hotel by it's owner.
Let me know if I can answer any other questions.
Zetta 386-566-3539... more
The Halifax Villa complex is located on the Halifax River. The units range from ~ 900-1100 sq ft. The units have a maintenance fee of around $300 a month which includes building Insurance cable/satellite, lawn, pest control, community pool, sewer, trash, water, and common Areas. Feel free to contact me as well for more information on comparable rentals and units for sale/sold so you make an informed decision.... more
Yes, you will need to put something into escrow. I can be anything from a few hundred dollars to several thousand dollars. It usually depends on the price of the unit. Obviously a higher priced unit would mean a larger escrow. Basically, it really comes down to showing the seller you are very serious about your offer and want the property and are willing to "have skin in the game." Good Luck.... more
Typical time periods, but can vary according to lender and situation.
Two weeks to one month for a cash buyer.
30 days Conventional Loan
45 days for FHA or VA Loan
You can do a closing my email or mail.
Tammy Hayes, Realtor
Re/Max Palm Realty
Your first step is determining what type of rental do you want? Condos in the Daytona Beach area vary largely on what type of rentals are allowed. They usually fall under the following: one day, one week , one month, two months, three months, six months, one year. To no rentals at all. Before beginning your search its best to decide what rental term you want, so you can weed out the ones that don't allow the rentals the way you want it
Personally for investment I would only consider units that allow weekly rentals or less. Since this will give you the most opportunity to rent to vacationers. Yes its more work renting the units arranging cleaning and checking people in and out but the return on investment is typically higher than if you only rent per month or longer.
I am a real estate investor myself and have been a local since 1984. I know the Daytona Beach market inside and out, and can help you in your search and answer any more questions you have about investing in condos in Daytona Beach. Feel free to call or email me.
J Byron Hebert
321-296-8000 direct line
EXIT Real Estate Property Solutions... more