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Supplements: The short-term rental approval is the asset here. Along this stretch of Ormond and Daytona, the overwhelming majority of oceanfront buildings prohibit it outright or cap minimum stays at thirty days. That restriction is what separates a condo you visit from a condo that produces. This one produces. This unit is currently under professional short-t ... (Read more) The short-term rental approval is the asset here. Along this stretch of Ormond and Daytona, the overwhelming majority of oceanfront buildings prohibit it outright or cap minimum stays at thirty days. That restriction is what separates a condo you visit from a condo that produces. This one produces. This unit is currently under professional short-term rental management and performing. That history transfers with the sale — the buyer steps into an established, operating listing rather than building one from zero. What drives revenue on this coast is event weeks, and they run most of the year — Bike Week, the 500, Jeep Beach, Rockville, Biketoberfest, Turkey Run. Those weekends price at multiples of a normal night, and a top-floor two-bedroom with this view competes at the top of the market for every one of them. Summer carries the rest. Two bedrooms and two and a half baths matters more than it sounds. Most short-term inventory in these buildings is one-bedroom, which caps you at a couple. Two separate bedrooms and a half bath for guests opens you to families and to two couples splitting a trip — a materially larger and better-paying pool of travelers. The buyer who gets the most out of this is the one who doesn't want a second job. Management is in place and can continue uninterrupted from closing. Agents: contact listing agent for income figures and management options. All information deemed reliable but not guaranteed. Buyer and buyer's agent to verify all measurements, rental figures, association rules, and short-term rental permissions independently.