$80,000
Pending · 584 days on market · MLS# MFRT3385896
| Bedrooms | 2 |
|---|---|
| Bathrooms | 2 |
| Living area | 955 sq ft |
| Year built | 1980 |
| Property type | Condo - Hotel |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $714 |
| County | Pasco |
THIS IS A BEAUTIFUL CONDO IN CLUSTER 1 NEAR THE RESORT AMENITIES. IT MAY BE JUST WHAT YOU ARE LOOKING FOR SINCE IT IS IN WALKING DISTANCE TO THE SERENITY POOL. IT IS ALWAYS QUIET THERE, GREAT FOR READING AND FLOATING IN THE WATER, OR NAPPING. SEE IF THIS CONDO FITS THE TYPE OF LOCATION YOU HAVE BEEN SEARCHING FOR ALL THIS TIME...THIS IS A 45 DAY USE CONDO THAT THE BUYER SIGNS AN AGENCY AGREEMENT WITH THE RESORT TO ALLOW THE HOTEL TO USE THEIR CONDO 320 DAYS AS THEIRS AND THE OWNER CAN USE IT 45 DAYS. THEN EVERY QUARTER THE ACCOUNTING DEPARTMENT CALCULATES HOW MUCH REVENUE CAME IN FOR ALL THE 2-BEDROOM CONDOS, NOT JUST YOUR 2-BEDROOM CONDO AND THE RESORT FOR MANAGING RECEIVES 55% A, AND THE OWNER RECEIVES 45%. IN 2024 THE RESORT IS GOING TO RE-START PHASE 2, THE RENOVATIONS THAT WERE HALTED DUE TO COVID. THIS MEANS ALL THE INTERIORS WILL BE COMPLETELY DONE SUCH AS: NEW KITCHEN CABINETRY, COUNTERTOPS, APPLIANCES, BATHROOMS, FLOORING, CEILING POPCORN AND WALLPAPER REMOVAL, TEXTURING OF CEILING AND WALLS, PAINTING OF CEILINGS AND WALLS, PAINTING OF ALL WOODWORK AND TRIM, NEW DRAPERIES, NEW FURNITURE AND BEDDING. THIS IS A COST THE OWNER PAYS. THE TWO-BEDROOM RENOVATION COST WILL BE FROM $75K to $85K. SADDLEBROOK HAS TWO GOLF COURSES, 45 TENNIS COURTS, RESTAURANTS, MASSAGE CENTER, GOLF AND TENNIS SHOPS, GRILL AND BAR, AN ARCADE CENTER, AND SO MUCH MORE. COME CHECK US OUT. ALTHOUGH INFORMATION IS BELIEVED TO BE ACCURATE IT IS NOT WARRANTED.
Listing courtesy of Liz Alonso, CENTURY 21 BILL NYE REALTY. Presented by MC Homes Realty Inc · 727432218.