$130,000 list price
location_onWESLEY CHAPEL, FL 33543 · Pasco County
THIS 3 BEDROOM/ 3 BATH RENTAL POOL CONDO-HOTEL IS ONE YOU PURCHASE AND AT CLOSING SIGN AN AGREEMENT WITH SADDLEBROOK RESORT HOTEL TO ALLOW THEM TO USE YOUR CONDO FOR THEIR HOTEL GUESTS 320 DAYS A YEAR AND THE REMAINING 45 DAYS YOU CAN USE YOUR CONDO ANY TIME YOU BOOK IT WITH THE REGISTRATION OFFICE IN ADVANCE. THEN EACH QUARTER, EVERY 3 MONTHS YOU WILL RECEIVE A DISTRIBUTION STATEMENT DETAILING HOW MUCH REVENUE CAME IN THAT QUARTER AND WHAT PERCENTAGE THE 3 BEDROOM UNITS RECEIVED. THE SPLIT IS 55% FOR THE HOTEL FOR MANAGINGING THE CONDOS AND 45% FOR THE 3 BEDROOM CONDO OWNERS. AS AN OWNER OF A 3 BEDROOM CONDO YOU HAVE TWO DOORS TO YOUR CONDO. ONE DOOR GOES INTO THE KITCHEN, LIVING/DINING ROOM COMBINATION AND THE TWO BEDROOM/ TWO BATH UNIT WHICH IS CALLED THE C1 SIDE AND THE OTHER DOOR GOES INTO THE A SIDE WHICH IS A ONE BEDROOM AND A ONE BATH. (AC1) AS AN OWNER YOU COULD ACTUALLY STAY 45 DAYS IN THE C1 SIDE AND THEN STAY 45 DAYS IN THE A SIDE GIVING YOU A CONDO THAT ALLOWS YOU 90 DAYS USAGE. LOCATION OF THIS CONDO IS SPECTACULAR BEING ON THE GOLF COURSE WITH A WATERFRONT VIEW TOO! YOU HAVE NOT SEEN A THREE BEDROOM CONDO SELL THIS LOW THIS YEAR. DO NOT WAIT. ALTHO0UGH INFORMATION IS BELIEVED TO BE ACCURATE IT IS NOT GUARANTEED.
Appliances
Flooring
Cooling
Heating
Construction
Roof
View
Liz Alonso
CENTURY 21 BILL NYE REALTY
CENTURY 21 BILL NYE REALTY
813-782-5506
