Dec/10
28
54 Ocean Front Condos in Daytona Beach sold for $12m
No comments · Posted by Mike in Naples Real Estate
A Canadian investor group has purchased the Islamorada condo project on the north end of Daytona Beach Shores. Originally, the project was built in 2007 had mortgages equal to $26.5m. The units are 1,700 sq ft and have 3 beds/3 baths. The math works out to about $222k/unit, which is great for ocean front. The group has renamed the building Opus.
