Kevin Kling just sold another Daytona Beach Shores condos and we need more listings to sell! Oceans Three #904 was sold for $205,000 and offers the new owner two bedrooms, two bathrooms and nearly 1,200 square feet of living space with stunning beach views. Kevin sells many condos and homes across the area, with 77 sales already in 2017, but this transaction was a bit different than the rest. In this sale, the first-right-of-refusal option was used which is a clause that some condo buildings have in their by-laws to protect the owners’ value.
In this scenario, an offer was made for this condo and the current owners at Oceans Three were given the option to match this offer, and purchase the unit at that price, while terminating the original contract. We rarely see the first right of refusal used, but it is a safeguard to provide current owners with more control of how their building’s value is affected by comparable sales. We were happy to help this seller with the sale of this condo and are working on assisting his next condo purchase as well. When it comes to condo sales, trust a professional who works in all of the Daytona Beach area condo buildings and has the sales success to prove expert experience. Call Kevin at (386) 527-8577 and let us know how we can assist your Daytona Beach area real estate sale or purchase.