$70,000
$70,000
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2 Beds
2 Baths
955 SqFt
SOLD DATE : 08/05/2022
Key Details
Sold Price $70,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 955 sqft
Price per Sqft $73
Subdivision Saddlebrook
MLS Listing ID T3375334
Sold Date 08/05/22
Bedrooms 2
Full Baths 2
Construction Status No Contingency
HOA Fees $562/qua
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 1981
Annual Tax Amount $556
Property Description
THIS IS ALL ABOUT LOCATION LOCATION LOCATION, AND ALSO, ABOUT A HUGE REDUCTION! DO NOT DELAY IF YOU ARE WANTING TO BUY A 2-BEDROOM FOR WHAT THE ONE-BEDROOMS HAVE BEEN SELLING FOR TODAY. A CONDO-HOTEL 2-BEDROOM/ TWO BATH ON THE SECOND FLOOR OVERLOOKING THE SUPER POOL, RESTAURANT, PUTTING GREEN, AND HOLE #9 OF THE SADDLEBROOK GOLF COURSE. THIS IS ONE OF THE CONDOS THAT A BUYER PURCHASES AND CAN ONLY USE 45 DAYS A YEAR SINCE AT CLOSING THE BUYER SIGNS AN AGENCY AGREEMENT WITH THE SADDLEBROOK HOTEL ALLOWING THEM TO USE THEIR CONDO AS THEIR OWN FOR THEIR HOTEL GUESTS. THIS GIVES THE BUYER AN OPPORTUNITY TO COME ANY 45 DAYS HE BOOKS WITH RESERVATIONS. THEN EVERY QUARTER, ACCOUNTING GATHERS ALL THE REVENUE THAT CAME IN WITH ALL THE C UNITS WHICH THIS IS A C UNIT (2-BEDROOM C UNIT, THERE IS ANOTHER 2-BEDROOM CALLED A C-1 UNIT), AND ONCE THEY HAVE THE FINAL NUMBERS, THE RESORT RECEIVES 55% AND ALL THE C UNITS RECEIVE 45% WHETHER YOUR UNIT DID NOT RENT EVERY SINGLE DAY THAT QUARTER. THIS CONDO HAD A NEW AIR CONDITIONE INSTALLED IN 2018, AND A NEW DISHWASHER AND NEW REFRIGERATOR IN 2017. IN 2018, THIS UNIT ALSO HAD PHASE 1 DONE AT A COST OF $8400.00. SINCE THE NEW OWNERS OF THE RESORT, MAST CAPITAL, TOOK OVER ON MARCH 1ST, THE RESORT HAS BEEN BOOKED. IT HAS BEEN SO BOOKED, THAT SHOWING THE CONDOS AND EVEN GETTING IN TO TAKE PHOTOS HAS BEEN IMPOSSIBLE. SO, IF INTERESTED LOOK AT THE LOCATION. THEN CONTACT ME AND I WILL EMAIL YOU ONCE YOU SEND ME YOUR EMAIL ADDRESS ALL THE IMPORTANT INFORMATION YOU OR YOUR CUSTOMERS NEED TO KNOW PRIOR TO MAKING A PURCHASE. ALTHOUGH THE INFORMATION IS BELIEVED TO BE ACCURATE IT IS NOT GUARANTEED.
Location
State FL
County Pasco
Community Saddlebrook
Zoning MPUD
Interior
Interior Features Attic Ventilator, Eat-in Kitchen, L Dining, Open Floorplan, Thermostat Attic Fan, Walk-In Closet(s), Window Treatments
Heating Central, Electric, Heat Pump
Cooling Central Air, Humidity Control
Flooring Carpet, Travertine
Furnishings Furnished
Fireplace false
Appliance Built-In Oven, Convection Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Indoor Grill, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Solar Hot Water, Solar Hot Water, Tankless Water Heater, Washer, Water Softener, Wine Refrigerator
Laundry Other, Outside
Exterior
Exterior Feature Other, Sliding Doors
Community Features Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Golf Carts OK, Pool, Tennis Courts
Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Fire Hydrant, Natural Gas Available, Natural Gas Connected, Phone Available, Private, Propane, Public, Sewer Available, Sewer Connected, Solar, Sprinkler Meter, Sprinkler Recycled, Sprinkler Well, Street Lights, Water Connected
Amenities Available Cable TV, Clubhouse, Fitness Center, Gated, Golf Course, Laundry, Lobby Key Required, Maintenance, Marina, Park, Pickleball Court(s), Playground, Recreation Facilities, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Trail(s), Vehicle Restrictions
Waterfront false
View Y/N 1
View Golf Course
Roof Type Metal
Garage false
Private Pool No
Building
Lot Description Greenbelt, In County, Near Golf Course, Near Public Transit, On Golf Course, Street Brick, Private
Story 1
Entry Level One
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer, Other
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, 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 $562
Acceptable Financing Cash
Membership Fee Required Required
Listing Terms Cash
Special Listing Condition None
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11923 Oak Trail Way, Richey, Florida, 34668, United States