We were there for a week. From outside the building and from inside the Lobby it seems a hotel from the 60's. Not bad, but far from "luxury". The good things are the service and attention from all the people and the beautiful condo units that they have. ALL of them have ocean view and are very comfortable. Full kitchen, living and 1 or 2 bedrooms. The location is the best in Daytona, close to restaurants and a great Supermarket (PUBLIX). You can save a lot of money if you cook in the unit or if you buy your dinner from Publix.
If you go further north you'll find "more luxurious" hotels but the sorrounding neighbourhoods are "not good". We were the 2nd week of January and is highly recommended: good temperature and very quiet (also few cars on the streets).
For $20 a week (p/room) you can have unlimited use of beach chairs, umbrellas and bycicles
You'll also have several nice place to visit (including the Ponce de Leon Lighthouse (just $5).
Daytona is a nice place to be for a week.