Daytona Beach Condos

Aliki Atrium. April 2016

One unit sold since January 1, 2015. And it was a crazy price paid for a 3-level unit with 3 bedrooms and 4.5 bathrooms, which was sold in August of 2015 for only $270K. It was listed initially for $320K, so it was a $50K drop in price… wow.

Just yesterday a Bank owned unit on the ground floor, a 2 bedroom on 2 levels went under contract and the asking price was $307K.

No units changed hands in Aliki Atrium in 2014, and in 2013. 1 two-bedroom unit on 2 levels was sold in 2012 for exceptionally low price of $215K (we represented the Buyer).

And today there is one condo for sale in Aliki Atrium. It is the largest penthouse unit (4,050 sq. ft.) 4 bedrooms, 4.5 baths listed for $1,200,000…

Aliki Atrium is an interesting building. Very unusual and so uncharacteristic for Andy Xepapas, the developer of all these condos, which bear the name of his beloved wife – Aliki.

Built in 1980, this 7-story building with units on 3 levels is a very private one with only 27 units. And, of course, the glass Atrium with glass elevator only adds to the ambience…

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Terry Brown on said: Reply

Is there a bank owned unit now for sale in building? What do you mean when you say that the complex is unusual and uncharacteristic? -Terry

    Jon Zolsky on said: Reply

    Because it is so few units, because condos are in two and three levels. As for foreclosures in the building, not sure I understand. Why would yo be looking for foreclosure and bot for a decent deal? If you think that foreclosure gives you any advantage, you are very wrong. I never look for foreclosures, and usually do not know. I am looking for good value, and if it is foreclosure, fine, but lately they are not. Also, I guess you are not really talking about foreclosure, but mean REOs, i.e. the units that already have foreclosed and are now for sale from the banks. Of course, the terms are often used interchangeably.

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