$43,500
$46,750
7.0%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
786 SqFt
SOLD DATE : 08/31/2023
Key Details
Sold Price $43,500
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 786 sqft
Price per Sqft $55
Subdivision Saddlebrook
MLS Listing ID T3416526
Sold Date 08/31/23
Bedrooms 1
Full Baths 1
Construction Status No Contingency
HOA Fees $458/qua
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 1981
Annual Tax Amount $452
Lot Size 435 Sqft
Acres 0.01
Property Description
Are you looking for a place that you can call your own and yet have some way to have renters defray the costs of maintenance? This could be just what you are looking for in sunny Florida. A golf and tennis resort that has condo-hotels you can purchase and the Resort will rent your condo for you and every 3 months will send you 45% of the revenue that came in and the Resort takes 55%. This a condo-hotel that the owner has 45-day use and Resort rents it for them 320 days of the year. Each quarter the Accounting department calculates all the revenue that came in for all the one-bedrooms, not just your condo... (105 condos). One-bedroom then the renovation cost will be from $60K to $70K. This Resort has two 18-hole Arnold Palmer designed golf courses, 40+ multi-surface tennis courts, pickleball courts, super pool, volleyball, basketball, pool bar, sports, bar, restaurants, fitness center, cafe bar, and so much more. It is 24/7 gated, and close to the interstate to get you to the airport and gulf beaches, and entertainment parks easily. We are close to shopping, theaters, sports team activities like the Bucs, Lightning, Rays, Rowdies, and entertainment like the Straz and Ruth Eckerd Hall. There is always something to see and do here in Saddlebrook and in the surrounding areas. Take a look at this special condo-hotel, you will want to not take too long, these are going fast.
Location
State FL
County Pasco
Community Saddlebrook
Zoning MPUD
Direction E
Interior
Interior Features Eat-in Kitchen, L Dining, Living Room/Dining Room Combo, Master Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
Heating Central, Electric
Cooling Central Air, Humidity Control
Flooring Carpet, Travertine
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Disposal, Ice Maker, Range, Refrigerator
Laundry Outside
Exterior
Exterior Feature Irrigation System, Sliding Doors
Garage Valet
Pool Other
Community Features Buyer Approval Required, Deed Restrictions, Fishing, Fitness Center, Gated, Golf, Tennis Courts
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Amenities Available Basketball Court, Cable TV, Clubhouse, Fitness Center, Gated, Golf Course, Laundry, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Trail(s), Vehicle Restrictions
Waterfront false
Roof Type Metal
Parking Type Valet
Attached Garage false
Garage false
Private Pool No
Building
Lot Description In County, Street Brick, Paved, Private
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Wood Frame, Wood Siding
New Construction false
Construction Status No Contingency
Others
Pets Allowed No
HOA Fee Include Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Electricity, Escrow Reserves Fund, Fidelity Bond, 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 $458
Acceptable Financing Cash
Membership Fee Required Required
Listing Terms Cash
Special Listing Condition None
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