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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
Sold Date 01/10/19
Bedrooms 1
Full Baths 1
Construction Status Inspections
HOA Fees $493/mo
HOA Y/N Yes
Year Built 1974
Annual Tax Amount $2,500
Lot Size 0.470 Acres
Acres 0.47
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
Interior Features Crown Molding, Open Floorplan, Window Treatments
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Carpet, Ceramic Tile
Furnishings Furnished
Fireplace false
Appliance Cooktop, Microwave, Refrigerator
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
Garage false
Private Pool No
Building
Lot Description FloodZone, City Limits, Near Golf Course, Sidewalk, Paved
Story 8
Entry Level One
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Inspections
Others
Pets Allowed No
HOA Fee Include Cable TV,Pool,Electricity,Escrow Reserves Fund,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,Pest Control,Security,Sewer,Trash,Water
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required Required
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with CHARLES RUTENBERG REALTY INC
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