PRIME OCEANFRONT INVESTMENT IN DAYTONA BEACH SHORES! Welcome to the iconic Castaways Beach Resort, a highly lucrative condotel community boasting 300 linear feet of direct Atlantic Ocean frontage. This 7-story, concrete-block (CBS) coastal destination offers the ultimate layout for passive income or a personal beachside getaway. Fully zoned for Air B&B use with NO rental minimums, owners can seamlessly maximize returns via the active 50/50 on-site front-desk rental pool (Coming SOON!), manage independently on Airbnb and VRBO, or use it for private vacations! The highly attractive, all-inclusive monthly association fee provides true stress-free ownership by covering ALL UTILITIES-including full unit electricity, water, sewer, trash, cable TV, and high-speed Wi-Fi- alongside mater building hazard and flood insurance. Rest easy knowing the association is professionally managed, and is current with all mandatory Florida structural milestone compliance, boasting an engineered slab foundation, a commercial flat roof with protective parapet wind mitigation, and a recently reinforced beachfront seawall and oceanfront pool deck. Located just steps from the legendary on-site Daytona Diner, local fitness facilities, and the surf. Cash or specialized condotel portfolio financing only. (Inquire with Listing Agent) Schedule your private showing today and start owning a piece of paradise on the World's Most Famous Beach!
Listing courtesy of Lifestyle Realty Group Inc.