$57,000

About This Property

THIS IS AN EXPANDED ONE BEDROOM CONDO- HOTEL WITH 4 FEET WIDER AND 4 FEET LONGER AND A BALCONY THAT SPANS FROM ONE END OF THE UNIT TO THE OTHER 26 FEET. IT IS A MOST IMPRESSIVE PROPERTY AND IT IS VERY COMFORTABLE FOR A ONE BEDROOM UNIT. THE FEES ARE LOW AND MOST OF THE GUESTS LOOK FOR THE LOWEST PRICED CONDOS TO STAY IN SO THAT THEY CAN SPEND THEIR TIME USING ALL THE RESORT AMENITIES. TYPICALLY THE ONE BEDROOM UNITS HAVE SEEMED TO ALWAYS GENERATED THE HIGHEST REVENUE THAN THE OTHER SIZE CONDOS. THIS IS A 45-DAY USE CONDO FOR THE OWNER AND THE OTHER 320 DAYS THE RESORT WILL RENT IT FOR YOU AND YOU WILL BE RECEIVING A DISTRIBUTION STATEMENT AT THE END OF EACH QUARTER ALONG WITH YOUR CHECK. THE RESORT RECEIVES 55% FOR MANAGING THE CONDO AND THE OWNERS RECEIVE 45% AND THEY PUT THE CONDOS BY TYPE AND NOT ALL TOGETHER NOT BY JUST YOUR CONDO. SO IT MAKES IT VERY FAIR. THIS IS A WAY TO HAVE A PLACE TO COME AND ENJOY THE THE TIME YOU HAVE TO GET AWAY WHEN YOU ARE STILL WORKING AND GET SOME INCOME THE REMAINDER DAYS OTHERS ARE ENJOYING YOUR PROPERTY. CALL TO RECEIVE MORE INFORMATION ON THIS PROGRAM.

infoProperty Details

Property Type

Condo - Hotel

Year Built

1980

Living Area

786 sqft

Bedrooms

1

Bathrooms

1

Ownership

Fee Simple

Days on Market

53

List Date

Nov 22, 2022

Sold Date

chairInterior Features

yardExterior & Lot

Listed By

CENTURY 21 BILL NYE REALTY

813-782-5506

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