$43,500

About This Property

Are you looking for a place that you can call your own and yet have some way to have renters defray the costs of maintenance? This could be just what you are looking for in sunny Florida. A golf and tennis resort that has condo-hotels you can purchase and the Resort will rent your condo for you and every 3 months will send you 45% of the revenue that came in and the Resort takes 55%. This a condo-hotel that the owner has 45-day use and Resort rents it for them 320 days of the year. Each quarter the Accounting department calculates all the revenue that came in for all the one-bedrooms, not just your condo... (105 condos). One-bedroom then the renovation cost will be from $60K to $70K. This Resort has two 18-hole Arnold Palmer designed golf courses, 40+ multi-surface tennis courts, pickleball courts, super pool, volleyball, basketball, pool bar, sports, bar, restaurants, fitness center, cafe bar, and so much more. It is 24/7 gated, and close to the interstate to get you to the airport and gulf beaches, and entertainment parks easily. We are close to shopping, theaters, sports team activities like the Bucs, Lightning, Rays, Rowdies, and entertainment like the Straz and Ruth Eckerd Hall. There is always something to see and do here in Saddlebrook and in the surrounding areas. Take a look at this special condo-hotel, you will want to not take too long, these are going fast.

infoProperty Details

Property Type

Condo - Hotel

Year Built

1981

Living Area

786 sqft

Lot Size

0.01 acres

Bedrooms

1

Bathrooms

1

Ownership

Fee Simple

Days on Market

230

List Date

chairInterior Features

yardExterior & Lot

Listed By

CENTURY 21 BILL NYE REALTY

813-782-5506

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