20
Map
$179,900
↓ $5K (2.7%)
●
Commercial -
For Sale
1653 N Us Highway 1 #205
Ormond Beach, FL 32174
Studio
2 Baths
931 Ft²
$1,408
Est. Monthly
$382
HOA / Fees
About This Property
New Listing - Destination Daytona Condo!
Welcome to your next vacation retreat or income property located at the iconic Teddy Morse Destination Daytona, right next to the amphitheater!
This spacious second-floor condo features a lockout layout - perfect for flexibility and rental income:
One king bedroom suite and double queen bedroom suite with a full kitchen and in-unit washer & dryer
Comfortable pullout couch in the living room. Enjoy resort-style living with access to the main hotel pool and all the amenities the Destination Daytona complex has to offer. Live full-time, self-manage the rental possibilities, or stay in their management program - your choice! Currently enrolled in the on-site management program for easy, turn-key income. Ideal for investors or those looking for a Daytona escape that pays for itself!
Welcome to your next vacation retreat or income property located at the iconic Teddy Morse Destination Daytona, right next to the amphitheater!
This spacious second-floor condo features a lockout layout - perfect for flexibility and rental income:
One king bedroom suite and double queen bedroom suite with a full kitchen and in-unit washer & dryer
Comfortable pullout couch in the living room. Enjoy resort-style living with access to the main hotel pool and all the amenities the Destination Daytona complex has to offer. Live full-time, self-manage the rental possibilities, or stay in their management program - your choice! Currently enrolled in the on-site management program for easy, turn-key income. Ideal for investors or those looking for a Daytona escape that pays for itself!
Unit Size
931 Ft²
Days on Market
228 days
Land Size
-
Price per sqft
$193
Property Type
Commercial
Property Taxes
$142
HOA Dues
$382
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 27 days ago (Space Coast MLS #1069202)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Price Decreased |
$179,900
↓ $5K
(2.7%) | |
| Price Decreased | |||
| Aug 14, 2026 | Price Decreased |
$184,900
↓ $4K
(2.1%) | |
| Price Decreased | |||
| Jul 30, 2026 | Price Decreased |
$188,900
↓ $1K
(0.5%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$189,900
↓ $3K
(1.6%) | |
| Price Decreased | |||
| Jun 7, 2026 | Price Decreased |
$193,000
↓ $2K
(1%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Additional Parking, Guest, Off Street, Parking Lot, Unassigned
Interior Details
Flooring Type: Tile
Exterior Details
Square Footage: 931
Year Built: 2007
Building Area Total: 931
Construction Materials: Concrete, Stucco
Lot Features: Other
Water Source: Public
Financial Details
Tax Annual Amount: $1,708
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Heat Pump, Multi Units
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Elevator(s), Laundry, Management, Trash
HOA Fee: $382
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/10/2024
|
Loft
|
-
|
-
|
$16
Loft
-
|
-
-
|
Carl Lentz
SVN Alliance Commercial Real Estate Advisors
| |
|
01/20/2024
|
3 Bed
|
3 Bath
|
1490 ft²
|
$290,000
3 Bed
3 Bath
1490 ft²
|
-
-
|
Jeannine DiFranco-McKinley
CHARLES RUTENBERG REALTY ORLANDO
| |
|
11/17/2022
|
3 Bed
|
3 Bath
|
1490 ft²
|
$249,900
3 Bed
3 Bath
1490 ft²
|
-
-
|
Janet Fuller
RE/MAX Signature
| |
|
10/20/2022
|
2 Bed
|
2 Bath
|
967 ft²
|
$149,000
2 Bed
2 Bath
967 ft²
|
-
-
|
Lonnie Marandino
Realty Experts Florida
| |
|
06/11/2022
|
2 Bed
|
2 Bath
|
931 ft²
|
$149,900
2 Bed
2 Bath
931 ft²
|
-
-
|
Jonathan Gildon
Realty Pros Assured
| |
|
04/02/2022
|
2 Bed
|
2 Bath
|
1035 ft²
|
$169,900
2 Bed
2 Bath
1035 ft²
|
-
-
|
Jenny Gyde
Menu Realty
| |
|
03/13/2022
|
2 Bed
|
2 Bath
|
1035 ft²
|
$169,900
2 Bed
2 Bath
1035 ft²
|
-
-
|
Norman Hansen
ALBERT M ESPOSITO & ASSOCIATES
| |
|
09/25/2021
|
2 Bed
|
2 Bath
|
1035 ft²
|
$102,000
2 Bed
2 Bath
1035 ft²
|
-
-
|
Faith Strasser Wilson
Adams, Cameron & Co., Realtors
| |
|
12/17/2020
|
Loft
|
-
|
16993 ft²
|
$8
Loft
-
16993 ft²
|
-
-
|
-
| |
|
11/11/2020
|
2 Bed
|
2 Bath
|
1035 ft²
|
$85,000
2 Bed
2 Bath
1035 ft²
|
-
-
|
Jenny Gyde
Menu Realty
| |
|
10/01/2020
|
2 Bed
|
2 Bath
|
1035 ft²
|
$99,900
2 Bed
2 Bath
1035 ft²
|
-
-
|
-
| |
|
05/14/2020
|
Loft
|
2 Bath
|
967 ft²
|
$89,900
Loft
2 Bath
967 ft²
|
-
-
|
-
| |
|
01/10/2020
|
2 Bed
|
2 Bath
|
1035 ft²
|
$139,499
2 Bed
2 Bath
1035 ft²
|
-
-
|
-
| |
|
09/29/2019
|
2 Bed
|
2 Bath
|
1035 ft²
|
$92,900
2 Bed
2 Bath
1035 ft²
|
-
-
|
-
| |
|
03/20/2019
|
2 Bed
|
2 Bath
|
1035 ft²
|
$79,900
2 Bed
2 Bath
1035 ft²
|
-
-
|
-
| |
|
03/04/2019
|
2 Bed
|
2 Bath
|
1035 ft²
|
$89,900
2 Bed
2 Bath
1035 ft²
|
-
-
|
-
| |
|
01/18/2019
|
Studio
|
-
|
-
|
$17
Studio
-
|
-
-
|
-
| |
|
12/07/2018
|
2 Bed
|
2 Bath
|
967 ft²
|
$99,000
2 Bed
2 Bath
967 ft²
|
-
-
|
-
| |
|
10/10/2018
|
2 Bed
|
2 Bath
|
1065 ft²
|
$79,900
2 Bed
2 Bath
1065 ft²
|
-
-
|
-
| |
|
08/23/2018
|
2 Bed
|
2 Bath
|
1035 ft²
|
-
2 Bed
2 Bath
1035 ft²
|
-
-
|
-
| |
|
11/30/-0001
|
2 Bed
|
2 Bath
|
1035 ft²
|
$79,900
2 Bed
2 Bath
1035 ft²
|
-
-
|
-
|
Building Info
About Destination Daytona
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Listed by: Darlene Tindall, Landshark Realty
Last Updated: 27 days ago
Data Source: Space Coast MLS, MLS# 1069202
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 27 days ago
Data Source: Space Coast MLS, MLS# 1069202
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Phone: 425-283-2930
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