![]() Wahl aims to turn it into a vacation timeshare resort, the outlet reported.ĭavis, who estimated it would cost another $24 million to renovate the resort, said it was still cheaper to buy it and fix it up than to tear it down and build a new one. The nine-story resort, opened in 1975, was sold to Summit Hospitality for $9 million in 2016 - just months before Hurricane Matthew caused severe damage to the property and kept it shuttered. ![]() It will be interesting to see how feasible it is,” Tim Davis, a realtor with SVN Alliance Commercial Real Estate Advisors, told the newspaper. “I don’t know how much due diligence he has done. Richard Wahl, 49, who since his big win now calls sunny Sarasota home, bought the shuttered La Playa Resort & Suites at an April auction for $13.6 million, the Daytona Beach News-Journal reported. I won $22M in the lottery - I didn't tell my kids so they don't become 'waiters'Ī former New Jersey man who hit a staggering $533 million Mega Millions jackpot has plunked some of his fortune to buy a padlocked 239-room seaside resort in Daytona Beach. Powerball players, here's one number you should never bet on - plus 10 'lucky' digits to try insteadįootage finally clears up whether Edwin Castro is rightful winner of $2B jackpot: lawyerĬouple scores $1 million Michigan lottery win with scratch-off one day after their wedding day
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