$245,000
$249,900
2.0%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
330 SqFt
SOLD DATE : 01/10/2019
Key Details
Sold Price $245,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 330 sqft
Price per Sqft $742
Subdivision Bilmar Beach Resort Condo
MLS Listing ID T3131093
Bedrooms 1
Full Baths 1
HOA Fees $493/mo
Year Built 1974
Annual Tax Amount $2,500
Lot Size 0.470 Acres
Property Description
Direct Beach Front, 4th Floor 1/1 Condo-Hotel unit at Bilmar Beach Resort. Major renovation/modernization of unit & entire complex just completed in 2017/2018. Spectacular views of the Gulf of Mexico & 550 feet of pristine sandy beach from your room & balcony, with gorgeous sunsets to be treasured by all who stay here. Many onsite amenities, including: kayaks; paddle boards; chairs; single, dbl & family bicycles; fire pit; gym; recreation area with games; two restaurants with full bars including the famous Sloppy Joe's; gift shop; banquet rooms; & live weekend musical entertainment. Golf near by. Common areas include: two heated pools, heated spa, roof top sun deck with chairs and games. This fully furnished condo has a Kitchenette with glass cook top, fridge, microwave & coffeemaker. Also features crown moulding, granite counters, free wifi, large flat screen TV, two queen beds, table & chairs, closet with safe, and a very modern bathroom with shower & tub & a back-lit mirror. Ownership is fee simple, and a turn-key rental management agreement already in place maximizes the amount of annual income earned by the owner(s). Bilmar has a very effective marketing team that books many large group outings, thus contributing to a high occupancy rate for this unit. Owners can also use pools, beach access & parking lot at any time except in March or April. Don't miss out on this solid investment with a steady long term upward trend of increasing revenues! A summary of 9.5 years of income is available upon request
Location
State FL
County Pinellas
Community Bilmar Beach Resort Condo
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Carpet, Ceramic Tile
Exterior
Exterior Feature Balcony, Lighting, Outdoor Shower, Sidewalk, Sliding Doors
Parking Features Open
Pool Gunite, Heated, In Ground
Community Features Association Recreation - Owned, Deed Restrictions, Pool, Water Access, Waterfront
Utilities Available Cable Connected, Electricity Connected, Phone Available, Public
Amenities Available Cable TV, Elevator(s), Fitness Center, Laundry, Pool
Waterfront Description Gulf/Ocean
View Pool, Water
Roof Type Other
Building
Lot Description FloodZone, City Limits, Near Golf Course, Sidewalk, Paved
Story 8
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with CHARLES RUTENBERG REALTY INC