$59,950
Pending · 225 days on market · MLS# MFRT3433686
| Bedrooms | 1 |
|---|---|
| Bathrooms | 1 |
| Living area | 786 sq ft |
| Year built | 1982 |
| Property type | Condo - Hotel |
| Private pool | Yes |
| Waterfront | Yes |
| HOA fee | $1,374 |
| Annual taxes | $454 |
| County | Pasco |
SPECTACULAR WATERFRONT ONE BEDROOM/ONE BATH CONDO-HOTEL THAT THE OWNER CAN USE 45 DAYS A YEAR AND THE HOTEL USES IT 320 DAYS A YEAR AND EACH QUARTER THE REVENUE THAT IS EARNED FOR ALL THE ONE-BEDROOM UNITS IS COLLECTED, NOT JUST THIS UNIT AND IT IS CALCULATED AND AFTER EXPENSES IT IS DIVIDED BETWEEN THE RESORT HOTEL FOR MANAGING THE UNITS 55% AND THEN ALL THE ONE-BEDROOM UNITS GET 45%. ONE-BEDROOM RENOVATION COSTS WILL BE FROM $60K to $70K. IT IS AN IDEAL SITUATION TO MAKE SOME MONEY TO PAY YOUR EXPENSES. INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED.
Listing courtesy of Liz Alonso, CENTURY 21 BILL NYE REALTY. Presented by MC Homes Realty Inc · 727432218.