Photo 1 of 1
$492,000
Sold on 10/20/16
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
1 |
1.00 |
500 |
$3,596 |
2001 |
On the market:
42 days
|
View full details, 15 photos, school info, and price history
This is a rare opportunity to own a solid income producing property. Uniquely boasting unobstructed views of the Gulf both north and south, this 10th floor suite is amongst the most desirable in this top ranked AAA Four-Diamond resort. This upper floor suite is in the exclusive "Full Expansive Gulf View" category which yields nightly rates up to 40% higher than other categories. Enjoy passive income as all reservations, bookings, guest services, bookkeeping, & maintenance is handled though the on-site program. The owner has already paid $25,000 assessment for a full suite renovation. The renovations, scheduled to be completed by October 2016, feature new furniture, carpeting, wall coverings, televisions, etc. This property boasts occupancy levels well above industry averages. A strong management team maintains near full occupancy and even stays well booked in summer months hosting weddings, conventions, corporate retreats, weekend getaways, etc. In an environment where reliable passive income opportunities are far and few between this is a standout investment opportunity. Categorized as condo-hotel ownership, should you desire, enjoy the resort property for your own personal use.
Listing courtesy of Cameron Murray & Nick Rigoni, Weichert, Realtors & Maxim LLC