THIS IS A 45-DAY USE CONDO THAT THE BUYER SIGNS AN AGENCY AGREEMENT WITH THE RESORT TO ALLOW THE HOTEL TO USE THEIR CONDO 320 DAYS AS THEIRS AND THE OWNER CAN USE IT 45 DAYS. THEN EVERY QUARTER THE ACCOUNTING DEPARTMENT CALCULATES HOW MUCH REVENUE CAME IN AND THE RESORT FOR MANAGING RECEIVES 55% AND THE OWNER RECEIVES 45%. IN AUGUST 2023/2024 THE RESORT IS GOING TO RE-START THE RENOVATIONS THAT WERE HALTED DUE TO COVID. THIS MEANS ALL THE INTERIORS WILL BE COMPLETELY DONE SUCH AS: NEW KITCHEN CABINETRY, COUNTERTOPS, APPLIANCES, BATHROOMS, FLOORING, CEILING POPCORN AND WALLPAPER REMOVAL, TEXTURING OF CEILING AND WALLS, PAINTING OF CEILINGS AND WALLS, PAINTING OF ALL WOODWORK AND TRIM, NEW DRAPERIES, NEW FURNITURE AND BEDDING. THIS IS A COST THE OWNER PAYS. ONE-BEDROOM THEN THE RENOVATION COST WILL BE FROM $60K to $70K. SADDLEBROOK HAS TWO 18 HOLE GOLF COURSES, 45 TENNIS COURTS, RESTAURANTS, MASSAGE CENTER, GOLF AND TENNIS SHOPS, GRILL AND BAR, AND SO MUCH MORE. COME CHECK US OUT. ACCURACY OF ALL INFORMATION IS BELIEVED TO BE RELIABLE BUT NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED.
Listing courtesy of CENTURY 21 BILL NYE REALTY. 813-782-5506
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