Description
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 EXPENSENSES IT IS DIVIDED BETWEEN THE RESORT HOTEL FOR MANAGING THE UNITS 55% AND THEN ALL THE ONE-BEDROOM UNITS GET 45%. ONE-BEDROOM THEN THE RENOVATION COST WILL BE FROM $60K to $70K. IT IS AN IDEAL SITUATION TO MAKE SOME MONEY TO PAY YOUR EXPENSES. INFORMATION DEEMED LIABLE BUT NOT GUARANTEED.
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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided by My Florida Regional MLS DBA Stellar MLS for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Updated: 30th January, 2023 4:50 PM (UTC)
Listing Agent: Liz Alonso
Listing Office: CENTURY 21 BILL NYE REALTY
Attribution contact: 813-782-5506
