Address: 1121 W Ocean Drive Key Colony Beach 33051
Approximate value $: 399,000.00 each
3 RESORT CONDOMINIUM VACATION UNITS -
OCEANFRONT EXCLUSIVE COMMUNITY
RARE SANDY BEACH !!!
Each Condo unit is :
1000 SF AND 2 Bedroom 2 Bath
NEWLY RENOVATED COMPLEX 2008
INTERIORS UPGRADED-Year Round -Weekly Rentals
$ 1600.00 PER WEEK -EACH
Place in rental program to generate income...or remote rent from your home via computer as I do.
Great home business
Warranties from contractor, new A/C , windows , sliders ,granite, new stainless appliances , new kitchens and baths.
Complex just completed $ 7 Million ; 3 year renovation.
units and buildings have years left on Contractors Warranty !
Buildings brought up to 2008 Building codes and Miami -Dade Hurricane impact windows and sliders installed in MY 3 units !
New Kitchens,
New Tile Floors
New Cabinets and Granite Countertops-Kitchen and bathrooms
New toilets
New sinks- designer faucets
new lighting and window treatments
Stainless Dishwashers, Ceramic top stoves, Ovens, Refrigerators, Mounted Microwaves- ALL STAINLESS and under warranties
New expanded Glass slider in Master expanded to 8' (entire wall of glass overlooking Balcony and Ocean!)
Complex has heated pool, new sprinkler system, new seawall reventment, new tiki huts, new Bar-B-Q's, new stucco, paint, roofs, mansards, soffits, balconies, railings, walkwas, exterior lighting, professionally designed and installed Landscaping.
New exterior tables-tiki's Poolside and Ocean side.
Located on a Rare natural Sandy beach- Turtle nesting beach-
Walk out your door onto 175' of sandy ocean beach !
small exclusive community
complex is 200 ft from Sunset passive recreation park
walk and bike to all
snorkel and fish out your door
Each unit also is 1/35th owner of # 27 in Building # 3 -which serves as a managers office, a rental office, and a 1 bedroom rental unit.
EQUITY BONUS IN OWNERSHIP OF THIS FRACTION...
all transferrable licenses conveyed at closing as well.
rental history being established
3 UNITS FOR SALE
UNITS IN SAME OWNERSHIP FOR 8-30 YEARS...
Attractive deal for INVESTOR........already renting weekly....
This is a year round rental resort area....
Quarterly Maintenance per unit: $ 1605.00 -includes cable, sewer/water, common area maintenance, pool, beach cleaning daily, W/D maintenance, on-site manager, full time landscaper, common area electric, fire-smoke monitors 24/7, phone, advertising etc...
on-site rental program is optional or just do what I do and run from your home very conveniently.
Reasonable cash offers on all 3 units considered
Asking price: $ 1,100,000.00 equity trade or cash
Association is Financially stable- no need to worry about covering vacant units common charges-
Taxes per unit ~ $ 3000.00 /year
income producing year round. $ 1400/wk net /unit
3 units available 2 are free and clear - one has small Heloc.
also, can offer financing for 20% if a straight purchase or trade UP is desired. www.seaislecondo.com