Investment Opportunity: 5 Fully Furnished Condo/Hotel Units on Tampa Bay Presenting an exclusive package of five 1/1 condo units, available for sale as a package. Each unit is part of a condo/hotel with easy access to short-term rentals. These units boast strong ADR and occupancy rates year-round, thanks to their prime location near the beach, downtown Tampa, and the airport. Property Features: • Each unit comes fully furnished, complete with equipped kitchens. • On-site amenities include 24/7 gated security, a heated swimming pool, tiki bar, sandy beach, and various entertainment activities. • Currently managed by a professional management company, with future bookings that can be transferred if the investor chooses to keep the same management. Unit Highlights: • Two of the five units are end units, offering additional windows and stunning views - These do not come up for sale very often. • All units currently listed on all major Online Travel Agencies. Occupancy and ADR details are available upon request. This is a fantastic opportunity for investors looking to capitalize on a prime location with a reliable income stream. Investors can also retain the current LLC under which these units are held, streamlining the acquisition process
Financial Considerations
Price:
$1,250,000
HOA Fee:
4031
Tax Amount:
$4567.08
Price per SqFt:
$468.52
Tax Legal Description:
SAILPORT RESORT CONDOMINIUM ON THE BAY PHASE 1 UNIT 335 BLDG 1 .3951% UNDIV SHARES IN THE COMMON ELEMENTS EXPENSES AND SURPLUS