Property Type:
Condominiums
Bedrooms:
2
Baths:
2
Status:
Closed
Current Price:
$535,000
List Date:
9/30/2021
Last Modified:
8/31/2024
Description
Full resort privledges for this great two bedroom, two bath condo at SECRET HARBOUR BEACH. Beach, pool, tennis courts, restaurants, water sports, front desk check in rental program on site. This just listed condo just needs a nice refresh and it will kick it up a notch! YTD 8.31.21 gross income $72,027, net $33,345 in just 8 months! Just a one minute walk to pool and tennis court, 3 minutes down to the white sandy beach and restaurant. Condo fees total $1,523.31/mo, See breakdown in supplement.
Supplements: The maintenance fees are billed quarterly at $3,837.58 =
$15,350.32 annually or $1,279.19/month
Rental Unit contribution is $150/quarterly = $50/month
Reserve amount is $305.60 quarterly = $101.87/month
Insurance is $1,107.00 annually = $92.25/month
total $1,523.31/month
Condo Association self insures for windstorm.
