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Key Details
Sold Price $321,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 384 sqft
Price per Sqft $835
Subdivision Pelican Pointe On
MLS Listing ID A4587396
Sold Date 02/20/24
Bedrooms 1
Full Baths 1
HOA Fees $550/mo
HOA Y/N Yes
Annual Recurring Fee 6600.0
Year Built 1973
Annual Tax Amount $3,713
Property Sub-Type Condo - Hotel
Source Stellar MLS
Property Description
$$$ money making investment property with 80% occupancy rate. Beautiful condo in a colorful, tropical condo-hotel in the heart of Clearwater Beach. This is a vacation destination property with close access to charter boats, jet skis, pirate cruises, dolphin sunset crusies, parasailing, fine dining and much more - whatever your heart desires on one of the country's most consistently top-rated beaches.
The unit has been completely upgraded, meticulously decorated, stocked with anything you could need and ready with pre-booked guests that we will gladly transfer to you. You simply take ove, turn the key, and start making money from day one - it's literally that simple.
You can choose to manage the unit yourself or you have the option for on site management to take care of absolutely everything for you! The rare zoning opportunity also gives you the option to rent from 1 to 28 days, and of course you can also take a tropical vacation to one of the best beaches in the entire country whenever you desire.
Our winter season is typically completely booked from January to April. That said, this will prove to be a lucarative investment from the start. My brother manages this unit and he would be happy to share some of the analytics with you. The only reason we are selling is because we are moving and investing our capital into other projects. This property has been a great investent, and a lot of fun for us over the years.
Location
State FL
County Pinellas
Community Pelican Pointe On
Area 33767 - Clearwater/Clearwater Beach
Interior
Interior Features Crown Molding, Elevator, Open Floorplan, Stone Counters, Thermostat
Heating Electric, Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Tile, Vinyl
Fireplace false
Appliance Microwave, Refrigerator
Exterior
Exterior Feature Balcony
Parking Features Common, Open
Community Features Pool
Utilities Available Cable Connected, Electricity Connected
Amenities Available Laundry
View Y/N 1
View Pool, Water
Roof Type Built-Up,Membrane
Garage false
Private Pool No
Building
Lot Description FloodZone
Story 4
Entry Level One
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Others
Pets Allowed No
HOA Fee Include Cable TV,Pool,Maintenance Structure,Maintenance Grounds,Maintenance,Management,Pest Control,Pool,Security,Sewer,Trash,Water
Senior Community No
Ownership Condominium
Monthly Total Fees $550
Acceptable Financing Cash, Conventional, FHA, VA Loan
Membership Fee Required Required
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Bought with LPT REALTY