$15,000
$20,000
25.0%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
786 SqFt
SOLD DATE : 01/31/2020
Key Details
Sold Price $15,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 786 sqft
Price per Sqft $19
Subdivision Saddlebrook
MLS Listing ID E2400828
Sold Date 01/31/20
Bedrooms 1
Full Baths 1
Construction Status No Contingency
HOA Fees $486/mo
HOA Y/N Yes
Year Built 1981
Annual Tax Amount $791
Property Description
THIS CONDO IS A CONDO FOR THOSE THAT ARE NOT READY TO LIVE FULL TIME SINCE THIS IS A 45 DAY USE PROPERTY. AT PURCHASE THE BUYER SIGNS AN AGREEMENT WITH THE HOTEL ALLOWING THEM TO USE THEIR CONDO FOR THEIR GUESTS AND THEN EVERY QUARTER REVENUE IS CALCULATED AND WHETHER YOUR CONDO WAS USED OR NOT SINCE IT IS A RENTAL POOL CONDO YOU WILL RECEIVE A CHECK WITH THE CALCULATED REVENUE. THE RESORT FOR MANAGING YOUR CONDO RECEIVES 55% AND YOU RECEIVE 45%. FINANCIAL STATEMENTS ARE AVAILABLE. This is a one bedroom/ one bath condo-tel near the tennis courts and back parking lot and close to the Resort Amenities which makes it a Premier Location for many many reasons, so do not hesitate and think about it too long or someone will take the plunge before you do and it will be gone. It is listed at $20,000... You pay an additional $7366. for the first Phase interior renovations, Phase 2 furniture renovation is not due until 2020 or early 2021 $8485, and $500. for the Escrow Reserve account you need to start with, then the club initiation fee which is $8025. and the title company will collect the first quarter for condo dues & club dues so U will not be late, and U will be receiving a credit from the Seller for property taxes from January 1st to the day of closing. Although all the information is believed to be accurate it is not guaranteed.
Location
State FL
County Pasco
Community Saddlebrook
Zoning MPUD
Interior
Interior Features Crown Molding, Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s), Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Travertine
Furnishings Furnished
Fireplace false
Appliance Convection Oven, Dishwasher, Disposal, Electric Water Heater, Ice Maker, Refrigerator
Laundry Outside
Exterior
Exterior Feature Irrigation System, Rain Gutters, Sliding Doors, Tennis Court(s)
Parking Features Valet
Pool Gunite, Heated, In Ground, Lighting, Tile
Community Features Deed Restrictions, Fitness Center, Gated, Golf, Tennis Courts
Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Sewer Available, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities
Amenities Available Cable TV, Fitness Center, Gated, Golf Course, Laundry, Maintenance, Pool, Security, Tennis Court(s)
View Tennis Court
Roof Type Shake
Porch Rear Porch
Attached Garage false
Garage false
Private Pool Yes
Building
Lot Description In County, Street Brick, Paved, Private
Story 1
Entry Level One
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Structure Type Siding,Wood Frame
New Construction false
Construction Status No Contingency
Others
Pets Allowed No
HOA Fee Include Cable TV,Common Area Taxes,Pool,Electricity,Escrow Reserves Fund,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,Management,Pest Control,Pool,Private Road,Security,Sewer,Trash,Water
Senior Community No
Ownership Fee Simple
Monthly Total Fees $486
Acceptable Financing Cash
Membership Fee Required Required
Listing Terms Cash
Special Listing Condition None
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