Description
Saddlebrook Condo-Hotel. This is one of the condos that at purchase you sign an agreement with the hotel to let them use your condo for 320 says for their hotel guestd and they let you use your own condo 45 days. BUT, every quarter, they will calculate how much revenue came in for all the same type units, (B units are 1-bedroom), C and C1 units are 2-bedroom, and so on and so on), but even if your unit did not rent at all, you still will get paid because it is a "pool" so it has nothing to do with one's individual unit and how many guests stayed in your unit, unless it was you using your 45 days. The Developer of the Resort, Mast Capital, has the Right of First Refusal so it will take from writing an offer to closing at most 30 days. Cash is the way to close, paying the asking price, initiation fee of $8025.00, paying advance qtly club dues, $435.35, advance HOA qtly maintenance dues,$1374.00, a few county recording and title closing cost. Although information is believed to be accurate it is not guaranteed.
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1BEDS
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N/AACRES
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1BATHS
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01/2 BATHS
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786SQFT
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$89$/SQFT
School Ratings & Info
Description
Saddlebrook Condo-Hotel. This is one of the condos that at purchase you sign an agreement with the hotel to let them use your condo for 320 says for their hotel guestd and they let you use your own condo 45 days. BUT, every quarter, they will calculate how much revenue came in for all the same type units, (B units are 1-bedroom), C and C1 units are 2-bedroom, and so on and so on), but even if your unit did not rent at all, you still will get paid because it is a "pool" so it has nothing to do with one's individual unit and how many guests stayed in your unit, unless it was you using your 45 days. The Developer of the Resort, Mast Capital, has the Right of First Refusal so it will take from writing an offer to closing at most 30 days. Cash is the way to close, paying the asking price, initiation fee of $8025.00, paying advance qtly club dues, $435.35, advance HOA qtly maintenance dues,$1374.00, a few county recording and title closing cost. Although information is believed to be accurate it is not guaranteed.
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