$255,000
$265,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
330 SqFt
SOLD DATE : 01/07/2020
Key Details
Sold Price $255,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 330 sqft
Price per Sqft $772
Subdivision Bilmar Beach Resort Condo
MLS Listing ID T3209252
Sold Date 01/07/20
Bedrooms 1
Full Baths 1
Condo Fees $456
Construction Status Inspections
HOA Y/N No
Year Built 1974
Annual Tax Amount $2,671
Property Description
Fully automated money maker earning 7% net cap. Direct beach front condo with beautiful sunset views. Fully updated condo-hotel unit. High demand with 89% occupancy. Renovation was completed 2018 & is paid. Not a timeshare or fractional ownership. Bilmar Beach resort is in the center of Treasure Island where Central Ave runs into the Gulf of Mexico. 2 pools, 550ft of Gulf frontage. Guests have so much to do within the resort, including multiple pools, games, activities, movie night, 2 restaurants including Sloppy Joe's restaurant & bar & the Bilmar Beach cafe. And the main attraction, beautiful year round sugar sand beach. This unit comfortably sleeps 4. Built in mini kitchen allows your guests to cook their own meals if they decide to stay in. The Bilmar Resort has 2 convention halls for corporate beach front destination meetings or weddings. The area has lot's of night life with bands & is 2 minutes south of John's Pass. John's Pass has shopping, dining, dolphin sightseeing cruises, deep sea fishing, a board walk & soo much more. As an owner, you have 2 options to enter into the program. Option 1 allows you as the owner to stay 14 days peak season & 28 days non-peak season stays. Option 2 nets the most, but allows you as the owner to only stay up to 7 days, non-peak season. If you are looking for a place to park some money & it make monthly deposits in your account without any involvement, then call today!! St Pete-Clearwater airport is 20 minutes away & Tampa International is 45 min.
Location
State FL
County Pinellas
Community Bilmar Beach Resort Condo
Interior
Interior Features Ceiling Fans(s)
Heating Central, Electric
Cooling Mini-Split Unit(s)
Flooring Carpet, Tile
Furnishings Furnished
Fireplace false
Appliance Cooktop, Microwave, Refrigerator
Laundry None
Exterior
Exterior Feature Balcony
Garage Open
Community Features Pool, Sidewalks, Special Community Restrictions, Waterfront, Wheelchair Access
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected
Amenities Available Cable TV, Elevator(s), Lobby Key Required, Pool, Security
Waterfront Description Gulf/Ocean
View Y/N 1
Water Access 1
Water Access Desc Gulf/Ocean
View Water
Roof Type Built-Up
Garage false
Private Pool No
Building
Story 7
Entry Level One
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Block,Concrete
New Construction false
Construction Status Inspections
Others
Pets Allowed No
Senior Community No
Ownership Condominium
Monthly Total Fees $456
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with ALEXIS BOND
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