What happened on this coast in 2022
Ian's rains in late September flooded parts of Volusia and eroded the beaches. Nicole came ashore near Vero Beach on November 10 and its waves undermined structures along the Volusia coast, from Wilbur-by-the- Sea to Daytona Beach Shores, leading to evacuation orders for beachfront buildings. The state issued an emergency authorization for temporary seawalls and other coastal armoring in the county.
What a lender will ask about an oceanfront building here
- Was the building evacuated or placed under an unsafe-structure order, and has it been lifted?
- Is permanent seawall or foundation work complete, and how was it paid for?
- Where is the building in its milestone inspection and structural reserve study?
- What does the current master policy cover, and at what deductible?
The Daytona and Space Coast condo market, August 2026
The Daytona Beach Area Association of Realtors reported a median condo price of $287,500 in August 2026, up about 5%, on 135 sales, more than half of them cash, with inventory down nearly 30% from a year earlier. Florida Realtors put the Palm Bay–Melbourne–Titusville metro median at $270,000.
Where buyers here get stuck
- Oceanfront towers with structural or seawall repairs — see assessments and Florida law.
- Beachside rental buildings in Daytona and New Smyrna — see condotels.
- Owners who need to refinance before their building is eligible again — see refinancing.
Sources, checked September 2026: WKMG, November 10, 2022 · National Hurricane Center, Hurricane Nicole report · National Hurricane Center, Hurricane Ian report · Florida DEP emergency authorization, Volusia County · Daytona Beach Area Association of Realtors, August 2026 · Florida Realtors, August 2026 metro-area report. Agency guides change; a lender confirms the rules in force on your application date.
Common questions
Can I finance a Daytona Beach Shores condo in a building damaged by Nicole?
It depends on whether unsafe-structure orders are lifted and repairs are funded or complete. Portfolio lenders often proceed once work is underway; conventional loans wait for completion.
How many Volusia buildings were declared unsafe after Nicole?
Local reporting counted 49 beachfront structures, including 24 hotels and condos, on the day of landfall; later reports counted more.
What is the median condo price in the Daytona Beach area?
$287,500 in August 2026, according to the Daytona Beach Area Association of Realtors.
Do you finance condos on the Space Coast?
Yes, across Volusia and Brevard, including non-warrantable buildings.