$360,000
Description
Own a piece of income-producing paradise at the Bilmar Beach Resort on Treasure Island! This fourth floor condo has a fantastic beach view and is managed by the resort leasing office. Almost $2,000/month in net income with bookings increasing in 2022! The Bilmar Beach Resort will handle all bookings and sends you a check each month. Sit back, relax, and collect your rent year-round and vacation in your own condo as well. This updated unit has an open floor plan with expansive beach views, two queen beds, fridge, cooktop, microwave, large bathroom and balcony. Amenities include a fitness center, community laundry, 2 heated pools, hot tub, sundeck with chairs, 2 restaurants (including the famous Sloppy Joe’s restaurant/bar!), fire pits, volleyball, beach games, recreation center & more! See resort website for more details - www.bilmarbeachresort.com. This unit has an ongoing management agreement where owner is allowed 7 personal days per year and the Bilmar manages all bookings, pricing, cleaning, etc. A new owner can switch to a different management agreement where 28 personal days are allowed per year.
Listed by Jeff Thomsen, .
Property Highlights
- Waterfront: Beach Front, Beach Access
- Pool
- Association Fee: $440
- View: Beach, Water
- Property Type: Condo/Co-op, Condominium
- MLS #: U8146866
Room Information
| Full Baths | 1 |
| Furnished | Furnished |
| Total Baths | 1 |
| Total Beds | 1 |
Property Features
| Direction Faces | East |
| Has View | Yes |
| Interior Square Footage | 330 |
| Lot Size Acres | 0.47 |
| Lot Size Square Feet | 20,622 |
| Rooms | 2 |
| Waterfront | Yes |