Bob Walsh | Florida licensed real estate agent
2641 East Atlantic Blvd., #102 Pompano Beach, Florida 33062
Florida ocean and city view condos were priced $600,000 to over $1 million. Now priced from under $200,000.
One of the very best condo bargains we have ever seen anywhere is this new waterfront development in Holly Hill - near Daytona Beach and about an hour from Orlando. It is another typical story about the Florida condo boom and bust.
This very upscale development of two towers with over 400 luxury waterfront condos came on the market in 2007 just as the condo market was collapsing. Pre-construction prices ranged from $600,000 to $1,350,000 but the economy crashed, banks stopped lending, and buyers were nowhere to be found. It was a rough time for new condo buildings everywhere.
In 2011, a new owner bought the building and brought new enthusiasm and pricing to the buildings. One of the first things they did was to inject even more money into the development adding a $6 million, 11,000 square foot resort clubhouse and fitness center to make the building one of the most luxurious condominium communities in all of Florida. Then they slashed prices! These world-class condos that previously sold for as much as $1,350,000 were cut to the bone. Prices now start at just $199,900. They are practically giving the units away.
Centrally located in the quaint riverside community of Holly Hill, your condo is just minutes from all the fun of beachside Daytona, but miles away in atmosphere. Scenic bike paths and waterfront parks are right outside the front door, and historic A1A, Beach Street and Granada Boulevard are easily accessible. This unique waterfront location offers the best of all worlds on the Florida coast. After a busy day enjoying the World’s Most Famous Beach or the Birthplace of Speed (a famous NASCAR driver is an owner at MG), relax in an exclusive, private sanctuary on the water.
Floor plans include 2br, 2ba or 3br, 3ba units from 1660 to 2239 square feet. There are seven different floor plans. The largest 3/3 units at 2239 square feet have a 202 square foot balcony accessible from both the great room and the dining room, a spacious master suite with a large walk-in closet, oversized soaking tub, glass-enclosed shower and double sinks, and the two extra bedrooms have full baths that are ideal for families or guests. Typical 2/2 units are about 1600 to 1800 square feet plus a den or great room. All units have Italian cabinetry, GE stainless steel appliances, marble and granite countertops, 9-foot ceilings and fabulous Intracoastal and ocean views.
This very upscale complex is 18 acres with a waterfront playground, two heated swimming pools with whirlpools, spacious sundecks, steam room and sauna, a 20-seat theater, several private party rooms and a billiards lounge. Plus the recently completed 11,000 square foot resort clubhouse and state-of-the-art fitness facility with a yoga/Pilates/dance studio and all the latest exercise equipment. Picture yourself sitting on your balcony, with the boats passing, enjoying the serenity of water, sun, and balmy breezes. And savings of almost 70%!
These are condos designed for those who appreciate luxury and understand the huge value that you will find here. If you are thinking about a Florida home, retirement or vacation condo, this is certainly one of the best opportunities in the Sunshine State!
2br, 2ba from $199,900. 3br, 3ba penthouses under $500,000! Other models and prices available.