$342,000
$360,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
330 SqFt
SOLD DATE : 03/11/2022
Key Details
Sold Price $342,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 330 sqft
Price per Sqft $1,036
Subdivision Bilmar Beach Resort Condo
MLS Listing ID U8146866
Sold Date 03/11/22
Bedrooms 1
Full Baths 1
Condo Fees $440
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1974
Annual Tax Amount $3,520
Lot Size 0.470 Acres
Acres 0.47
Property 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.
Location
State FL
County Pinellas
Community Bilmar Beach Resort Condo
Interior
Interior Features Elevator, Open Floorplan, Solid Surface Counters, Window Treatments
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile
Furnishings Furnished
Fireplace false
Appliance Bar Fridge, Cooktop, Freezer, Microwave
Exterior
Exterior Feature Lighting, Outdoor Shower, Sidewalk
Community Features Fitness Center, Pool, Sidewalks, Water Access, Waterfront
Utilities Available Cable Connected, Electricity Connected, Water Connected
Amenities Available Elevator(s), Pool, Recreation Facilities, Spa/Hot Tub
Waterfront Description Beach - Public
View Y/N 1
Water Access 1
Water Access Desc Beach - Public
Roof Type Built-Up
Garage false
Private Pool No
Building
Story 5
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
HOA Fee Include Cable TV, Common Area Taxes, Pool, Electricity, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Sewer, Trash, Water
Senior Community No
Ownership Condominium
Monthly Total Fees $440
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with RE/MAX REALTEC GROUP INC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "