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Address not disclosed Wesley Chapel, FL 33543
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Key Details
Sold Price $29,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 1,015 sqft
Price per Sqft $28
Subdivision Saddlebrook
MLS Listing ID T3330808
Sold Date 11/03/21
Bedrooms 2
Full Baths 2
Construction Status Financing
HOA Fees $509/mo
HOA Y/N Yes
Year Built 1980
Annual Tax Amount $867
Property Description
This is one of the Condo-tels that can only be used by the owner 45 days a year. At signing the Resort and owner sign an agreement
to this whereby the Resort Hotel will use it for their guests 320 days. Every quarter, The Accounting department will calculate all the
revenue that came in for each size condo, (1, 2, 3, 0r any sized condo, and the revenue is calculated by unit types) Whether your
unit type rented all 3 months or not, you will receive income, After any expenses are deducted. The Resort is given 55% and the
owners are given 45%. A portion of the income before giving the owner his take home distribution check is put in his Escrow Reserve
first to build it up untill it reaches 20% of the value of the furniture value. This 2 bedroom/ 2 bath unit is the best buy now. Do not let
this one slip away. Homeowner Dues of $306.00 monthly, collected quarterly, and club initiation fee of $8,025. (one time only) with monthly dues of $145. collected quarterly plus sales tax, include the hazard insurance, electric, water, pest services inside, pest services exterior,
painting exterior, cleaning landing, trash removal from the landing in front of your doorway, paver walkways to your condo-tel, path
lighting to your condo, metal roof has a 40 tyear warranty, balcony and walkup iron railing maintenance included, lawn and shrub
care, fertilizer, mulch, grass and plant replacment. Although the information is believd to be accurate it is not guaranteed.
Location
State FL
County Pasco
Community Saddlebrook
Zoning MPUD
Interior
Interior Features Eat-in Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Carpet
Furnishings Furnished
Fireplace false
Appliance Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater
Laundry Outside
Exterior
Exterior Feature Irrigation System, Sliding Doors
Parking Features Valet
Community Features Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Fitness Center, Gated, Golf, No Truck/RV/Motorcycle Parking, Playground, Pool, Special Community Restrictions, Tennis Courts
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities, Water Connected
Amenities Available Basketball Court, Cable TV, Fence Restrictions, 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
Roof Type Metal
Porch Rear Porch
Garage false
Private Pool No
Building
Lot Description Street Brick, Private
Story 2
Entry Level One
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Wood Frame,Wood Siding
New Construction false
Construction Status Financing
Others
Pets Allowed No
HOA Fee Include Guard - 24 Hour,Cable TV,Common Area Taxes,Pool,Electricity,Escrow Reserves Fund,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,Management,Pest Control,Pool,Private Road,Recreational Facilities,Security,Sewer,Trash,Water
Senior Community No
Ownership Fee Simple
Monthly Total Fees $509
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with CENTURY 21 BILL NYE REALTY