Ocean Ritz Condominium in Daytona Beach, Florida see the completions of their restoration project in early 2014.
Daytona Beach, FL -- (SBWIRE) -- 10/14/2013 -- The prestigious Ocean Ritz Condominium complex is in its final months of a full building restoration including balcony repairs, waterproofing, exterior painting, and a new cooling tower. This direct oceanfront complex is located at 2900 N Atlantic Ave in Daytona Beach, Florida and plans to complete it's restoration project in late February or March of 2014.
Why is this good news for new buyers? The first reason is the current assessment totaling more the $20K per condo unit will be paid prior the sale of a unit in the Ocean Ritz Condominium and this extensive project is not likely need attention for another ten or more years! Does this make the Ocean Ritz Condominium a completely new building? No, but the along with the restoration project and new cooling tower, the Ocean Ritz Condominium also upgraded both elevators, community room, and carpet, paint, and light on each floor.
Since the restoration project, direct oceanfront units that once sold in late 2012 for under $200K have brought more than $280K in the past six months. Buyer are aware of the added value for oceanfront condominium building with recent concrete restoration and updates and the recent sales prices speak for themselves. The exact date of completion for the Ocean Ritz Condominium's restoration is always subject to the project engineer’s evaluation of the work and possible delays from weather but the work is in process and nearing it's end!
About Distinguished Homes Realty
The Condominium Experts at Distinguished Homes Realty specialize in marketing Daytona Beach oceanfront condo at the Ocean Ritz Condominium using their exclusive oceanfront condo website, direct mail marketing, press releases, social media marketing, and extensive search engine optimization dedicated to each of our individual listings. Distinguished Homes Realty Condo Sale Team sold Ocean Ritz Condominium unit 1204, 801, 304, 2004, and recently listed unit 402. Our marketing staff Distinguished Homes Realty features all active listing on their exclusive condominium webpage dedicated to marketing Ocean Ritz Condos for sale. For additional information please visit www.daytonaluxuryrealestate.com.
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