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Key Details
Sold Price $110,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 1,386 sqft
Price per Sqft $79
Subdivision Saddlebrook
MLS Listing ID T3378466
Sold Date 08/09/22
Bedrooms 3
Full Baths 3
Construction Status No Contingency
HOA Fees $782/qua
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 1980
Annual Tax Amount $742
Property Description
THIS 3 BEDROOM/ 3 BATH RENTAL POOL CONDO-HOTEL IS ONE YOU PURCHASE AND AT CLOSING SIGN AN AGREEMENT WITH SADDLEBROOK RESORT HOTEL TO ALLOW THEM TO USE YOUR CONDO FOR THEIR HOTEL GUESTS 320 DAYS A YEAR AND THE REMAINING 45 DAYS YOU CAN USE YOUR CONDO ANY TIME YOU BOOK IT WITH THE REGISTRATION OFFICE IN ADVANCE. THEN EACH QUARTER, EVERY 3 MONTHS YOU WILL RECEIVE A DISTRIBUTION STATEMENT DETAILING HOW MUCH REVENUE CAME IN THAT QUARTER AND WHAT PERCENTAGE THE 3 BEDROOM UNITS RECEIVED. THE SPLIT IS 55% FOR THE HOTEL FOR MANAGINGING THE CONDOS AND 45% FOR THE 3 BEDROOM CONDO OWNERS. AS AN OWNER OF A 3 BEDROOM CONDO YOU HAVE TWO DOORS TO YOUR CONDO. ONE DOOR GOES INTO THE KITCHEN, LIVING/DINING ROOM COMBINATION AND THE TWO BEDROOM/ TWO BATH UNIT WHICH IS CALLED THE C1 SIDE AND THE OTHER DOOR GOES INTO THE A SIDE WHICH IS A ONE BEDROOM AND A ONE BATH. (AC1) AS AN OWNER YOU COULD ACTUALLY STAY 45 DAYS IN THE C1 SIDE AND THEN STAY 45 DAYS IN THE A SIDE GIVING YOU A CONDO THAT ALLOWS YOU 90 DAYS USAGE. LOCATION OF THIS CONDO IS SPECTACULAR BEING ON THE GOLF COURSE WITH A WATERFRONT VIEW TOO! YOU HAVE NOT SEEN A THREE BEDROOM CONDO SELL THIS LOW THIS YEAR. DO NOT WAIT. ALTHO0UGH INFORMATION IS BELIEVED TO BE ACCURATE IT IS NOT GUARANTEED.
Location
State FL
County Pasco
Community Saddlebrook
Zoning MPUD
Interior
Interior Features Eat-in Kitchen, L Dining, Master Bedroom Upstairs, Split Bedroom, Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air, Humidity Control
Flooring Carpet, Travertine
Furnishings Furnished
Fireplace false
Appliance Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Ice Maker, Refrigerator
Laundry Other, Outside
Exterior
Exterior Feature Balcony, Sliding Doors
Community Features Buyer Approval Required, Deed Restrictions, Fishing, Fitness Center, Gated, Golf, Pool, Tennis Courts
Utilities Available Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Amenities Available Basketball Court, Cable TV, Fitness Center, Gated, Golf Course, Laundry, Maintenance, Pickleball Court(s), Playground, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Trail(s), Vehicle Restrictions
Waterfront false
View Y/N 1
View Golf Course, Water
Roof Type Metal
Garage false
Private Pool No
Building
Lot Description In County, Near Golf Course, On Golf Course, 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 Contemporary
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 $782
Acceptable Financing Cash
Membership Fee Required Required
Listing Terms Cash
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with CENTURY 21 BILL NYE REALTY
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