Florida Oceanfront Condos For Sale In Ponce Inlet Florida
If you’re looking to move to Florida and live in an Oceanfront Condo you need to do yourself a favor and look at the beautiful location of Ponce Inlet. This is the current list of oceanfront condos for sale. If you would like more information or see any condo in the greater Daytona Beach area just contact me “James Jestes” 386-316-4744 and Ill be happy to get you anything you need or take you on a private tour of what’s for sale here in Ponce Inlet.
FIRST FLOOR DIRECT OCEANFRONT with HUGE patio. Easy close access to the Beach, Pool, Fitness Center, and Club Room. TWO OCEANFRONT bedrooms have large windows and walk-in closets. The master suite includes updated bath with a relaxing tub and a separate shower. Even the cook in the kitchen has ocean views! Glass enclosed lanai provides extra storage for beach gear and additional living area. OPPORTUNITY knocks with 5 years of rental history of repeat customers! The Towers at Ponce Inlet’ is an oceanfront community with 3 outdoor swimming pools, fitness center, tennis court with pickleball lines, and 24/7 security. Nestled between the river and ocean in the quaint seaside town of Ponce Inlet. Traffic free beach and public parks for fishing, walks, and bike rides!……. For more information about 4545 Atlantic Avenue, Ponce Inlet, you can view it here.
Are you looking for the ultimate in Luxury? Let me show you these riverfront homes for sale in Ormond Beach Florida. Have you been hunting for the perfect Florida riverfront home with a dock to keep your boat? Check out these 3 homes below. If you would like to get more information or schedule a showing please give me a call. In the current market, homes are not on the market long.
My name is James Jestes I’m a real estate broker and I want to be your Riverfront Real Estate Consultant.
I want to help you find the perfect home. Give me a call anytime. 386-315-4744
These are examples of previously sold riverfront homes in Ormond Beach Florida
Stunning luxury riverfront on a quiet cul-de-sac setting in Ormond. This property was designed with a naturally lit open floor plan for entertaining and day-to-day waterfront living. Enter the home to a grand foyer with amazing 22′ ceilings above and immediate water views beyond. The main living area offers a unique combination of lovely, elaborate fixtures and appointments among a completely un-obstructed waterfront setting that is both subtly ornate and casual. The custom chef’s kitchen opens directly to the riverfront family room with a fireplace and a wall of glass that opens directly to the covered lanai and pool area. A separate living room serves as a waterfront entertainment area where a beautiful wet bar sits adjacent to a pool table, and another set of glass doors can welcome the outdoors and fresh air when the weather permits. The kitchen is beautiful and well-appointed with high-end appliances and custom cabinetry with a sprawling granite service bar for casual meals or entertaining. A large breakfast room is incorporated into the kitchen and the formal dining room is open to the main space with incredible views. Three of the five bedrooms are direct waterfront and two of them are suitable for master suites. The downstairs master/guest suite features an ample walk-in closet and a beautiful bath. The upstairs master is a bit more elaborate with a tremendous 25′ x 8′ closet/dressing room, luxurious bath, and private balcony overlooking the Intracoastal and the resort-style pool area with seawall and dock beyond. The pool here is remarkable in size and simply spectacular in person. The pool deck welcomes the sunrise and enjoys sun nearly all day, but the owners enjoy the partial shade and easterly breezes in the hot summer afternoons. Brilliant curb appeal with a sprawling paver driveway and courtyard 3-car garage. Properties of this caliber rarely come available in Ormond’s riverfront market, and this one is not expected to last. Riverfront Homes For Sale In Ormond Beach Florida
Are you looking for the perfect new waterfront home in Florida?
Check out these luxury homes on the water in Ormond Beach Florida. The homes listed here are ready for you to bring your boat and enjoy the outdoors of sunny Florida. Each with its own unique charm! Check out what Ormond Beach has to offer you. If your moving to the area and would like to see any of these riverfront homes in person please give James Jestes a call 386-315-4744
This home is a 5 bedroom, 5 bathroom home in the community of Ormond Beach. Selling for $2,590,000
Looking for a new home in Daytona Beach with a focus on practical waterfront living? Consider our selection of riverfront homes, each featuring its own boat dock. Ideal for those who love the outdoors and the convenience of direct water access, these homes offer a unique living experience. Discover properties that blend comfort with the ease of water activities right in your backyard. Start your journey to finding a home that suits your lifestyle in Florida’s beautiful river settings.
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The homes below are examples of recent homes with a dock that have sold along the Intracoastal Waterway
Don’t miss the opportunity to view the most desirable new construction property ever built on the Halifax River in Daytona Beach. With its groundbreaking design, expansive 5200 ft. of living space, 7280 ft. under roof, this property takes advantage of the finest views of the Intracoastal Waterway. Surrounded by water on three sides, this three-story Peninsula home, built by Fairhomes is the product of a winning collaboration between Pemberton Design, R&B Construction, and Blenheim Consulting. Park your boat at the end of the deepwater dock and enjoy private access to the beautiful waterway. This coastal contemporary home was built to be enjoyed….
Below are the top 10 most expensive homes SOLD in the Greater Daytona Beach area in 2019 ( Daytona Beach, Ormond Beach, Port Orange, Ponce Inlet, and the surrounding areas. )
One of the greatest things about purchasing a home in the Daytona Beach Area is that the values of homes are still very affordable. What you would spend for a small home in many parts of New York or California, would buy you a Luxurious waterfront home here in sunny Florida. The most expensive home in the area sold for $50,000 less than the most expensive in 2018 and each of the top 10 homes sold for at least $1,900,000. Our prices are holdings steady and buyers are getting great deals in Luxury! Take advantage of todays extremely low interest rates and access some of the more premier properties in the area!
Have a look at what best homes sold for in 2019 and check out the lists of luxury homes currently on the market! I am available to talk about real estate here in the Greater Daytona Beach area, Just give me a call 386-315-4744 anytime. Without further delay here are the homes that made the list for 2019.
Homes priced in the top 25% of a price range for a particular area of the country are considered “premium homes.” At the start of last year, many of the more expensive homes listed for sale hadn’t seen as much interest, since much of the demand for housing over the past few years has come from first-time buyers looking for starter homes. It looks like buyer activity, however, is starting to show a shift in this segment.
According to the January Luxury Report from the Institute for Luxury Home Marketing (ILHM):
“In a snapshot of 2019, despite pessimism at the start of the year, the last quarter showcased a strengthening, with an upswing in the luxury market for sales in both the single family and condo markets.”
Momentum is growing, and those looking to enter the luxury market are poised for success in 2020 as well. With more inventory available at the upper-end, historically low interest rates, and increasing average wages, the stage is set for buyers with an interest in this tier to embrace the perfect move-up opportunity.
Most Luxurious Homes In The Daytona Beach Area
The report highlights the increase in buyer activity in this segment, resulting in growing sales toward the end of 2019:
“According to reports from many luxury real estate professionals, the significant increase in number of properties bought at the end of 2019 versus 2018 is reflective of an early 2019 holding pattern.
Many of early 2019’s prospective luxury buyers held off while waiting to see how prices would react to new tax regulations and other policy changes. Buyer confidence returned in late spring and compared to 2018, above average sales were reported in the final quarter of 2019.”
With evidence of strong buyer confidence, this is great news, as more homeowners are building equity and growing their net worth throughout the country:
“Many homeowners are now diversifying their wealth, owning several properties rather than a single mega mansion. In addition, there have been an increase number of home purchases taking place in smaller cities, reflecting the rising number of people relocating from major metropolises. Their property equity wealth or ability to pay high rental costs have afforded them the opportunity to purchase luxury properties in…secondary cities throughout North America.”
With a strong economy and a backdrop set for moving up this year, it’s a great time to explore the luxury market. Keep in mind, luxury can mean different things to different people, too. To one person, luxury is a secluded home with plenty of property and privacy. To another, it is a penthouse at the center of a bustling city. Knowing what characteristics mean luxury to you will help your agent understand what you’re after as you define the scope and location for the home of your dreams.
Bottom Line
If you’re thinking about upgrading your current house to a luxury home, or adding an additional property to your portfolio, let’s get together to determine if you’re ready to make your move.
By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move to a larger or more expensive home in the luxury space. That said, now is a perfect opportunity to take a look at the forecast for the 2020 luxury market.
Three Things to Think About in the 2020 Luxury Housing Market
1. Prices
The U.S. economy is strong today, with buying opportunities throughout the luxury end of the market. Thomas Veraguth, Strategist at UBS Global Wealth Management,says in Barrons.com,
“There’s a good link between luxury real estate prices and [economic] growth.”
Available inventory is a key element that can impact home prices. At the upper range, the inventory is greater in comparison to the entry-level market, making moving up to a luxury home a growing reality for many buyers right now.
2. Activity in the Market
With more buying opportunities at the higher end, we should start to see an increase in activity. The same article states,
“Affluent homebuyers will start to come out of the woodwork as they find rising luxury rents less appealing and sellers get even more negotiable on price.”
Buyers looking in the luxury market are taking the opportunity to negotiate on price in a segment where there are more choices, too. According to the Luxury Market Report, homes sold for an average of 96.94% of the list price in December.
Buyers are also getting more for their money with greater purchasing power due to the current low interest rates.
3. Buyers Are Coming Back
Keep in mind, buyers are often sellers too, especially those looking to move up. Homeowners with an entry-level home can take advantage of the inventory shortage at the lower end of the market, thus driving higher sales prices for their current homes. Combined with growing equity in the homes they’re listing, it’s a great time for those who are ready to make a luxury move.
The extra equity and greater purchasing power are bringing many buyers back to the market. The same article mentioned that,
“We’ve already seen buyers who’ve been on the sidelines for two years tread back into the market.”
Bottom Line
If you’re considering entering the luxury market, 2020 is shaping up to be a great year for those who are ready to make that move. Let’s get together to set your real estate plan for the year.
To understand today’s complex real estate market, it is critical to have a local, trusted advisor on your side – for more reasons than you may think.
In real estate today, there are essentially three different price points in the market: the starter-home market, the middle-home market, and the premium or luxury market. Each one is unique, and depending on the city, the price point in these categories will vary. For example, a starter or lower-end home in San Francisco, California is much more expensive than almost any other part of the country. Let’s explore what you need to know about each of these tiers.
Starter-Home Market: This market varies by price, and these homes are typically purchased by first-time home buyers or investors looking to flip them for a profit. Across the country, homes in this space currently have less than 6 months of inventory for sale. That means there aren’t enough homes on the lower end of the market for the number of people who want to buy them. A low supply like this generally increases competition, drives bidding wars, and sets up an environment where homes sell above the listing price. According to data from the National Association of Realtors (NAR) on realtor.com,
“The desire for affordability continues to push down the inventory for homes listed for less than $200,000.00.”
Middle-Home Market: This segment is often thought of as the move-up market. Typically, the buyer in this market is moving up to a larger, more custom home with more features, all coming at a higher price. Across the country, this market is looking more balanced than the lower end of the market, meaning it has closer to a 6-month supply of inventory for sale. This market is more neutral, but leaning towards a seller’s market.
Premium & Luxury Home Market: This is the top end of the market with larger homes that have even more custom features and upgrades. Nationwide, this market is growing in the number of homes for sale. In the same realtor.com article, we can see that year-over-year inventory of homes in this tier has grown by 4.7%. Today, there are more homes available in the premium and luxury space, leading to more of a buyer’s market at this end.
Bottom Line
Depending on the segment of the market and the price point you’re looking at, you’re going to need the advice of a true local market expert. Let’s get together to help you navigate the home-buying or selling process in your market.
I get at least 2 to 3 calls every day from buyers looking to purchase a home in the Daytona Beach, Ormond Beach and Port Orange areas where the seller will carry the note on the home for a short time. This is ideal for the buyer that has cash on hand and has problems getting a traditional mortgage with a bank. The sellers own these homes outright and act as the bank with the buyer’s cash acting as the credit and collateral.
Below are the latest homes on the market in the Greater Daytona Beach area with the option of seller financing being available. These terms are negotiable however sellers like even in a traditional sale have a bottom line of where they want to be financially. I can help you navigate these negotiations and help you get a great deal not only on the home but also on the financial terms. We can negotiate in most cases the amount of money required down, Interest rate and the length of the note. Just as a working example a typical Seller financed property will have terms like this: 20% down, 7% interest with a balloon due on the remaining balance in 5 years. Many of my clients just need 3 to 5 years to set their finances up to refinance the loan into a conventional mortgage.
LUXURY HOMES FOR SALE WITH SELLER FINANCING AS AN OPTION
Homes priced at the top 25% of the price range for a particular area of the country are considered “premium homes.” In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners wanting to upgrade from their current house.
Much of the demand for housing over the past couple of years has come from first-time buyers looking for their starter home. Many of the more expensive homes listed for sale have not seen as much interest.
According to ILHM’s Luxury Report, this mismatch in demand and inventory of luxury and premium homes has created a Buyer’s Market. For the purpose of the report, a luxury home was defined as one that costs $1 million or more.
“A Buyer’s Market indicates that buyers have greater control over the price point. This market type is demonstrated by a substantial number of homes on the market and few sales, suggesting demand for residential properties is slow for that market and/or price point.”
The authors of the report were quick to point out that current conditions at the higher end of the market are no cause for concern.
“While luxury homes may take longer to sell than in previous years, the slower pace, increased inventory levels and larger differences between list and sold prices, represent a normalization of the market, not a downturn.”
Luxury can mean different things to different people. To one person, luxury is a secluded home with plenty of property and privacy. To another, it could be a penthouse at the center of a bustling city. Knowing what characteristics mean luxury to you will help your agent find you the home of your dreams.
Bottom Line
If you are debating upgrading your current house to a premium or luxury home, now is the time!