$21,000
$25,000
16.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,250 SqFt
SOLD DATE : 07/28/2020
Key Details
Sold Price $21,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $16
Subdivision Club Villas 01 At Palm Island R
MLS Listing ID D6105833
Sold Date 07/28/20
Bedrooms 2
Full Baths 2
Condo Fees $2,320
Construction Status No Contingency
HOA Y/N No
Year Built 1991
Annual Tax Amount $4,250
Lot Size 7,840 Sqft
Acres 0.18
Property Description
Fractional Ownership. Fractional Ownership Opportunity! This condominium is a quarter-ownership villa. With quarter ownership, an owner owns 6 two week periods spread throughout the year plus a single week in January. Each year the ownership period adjust so that over a four year period each owner has access to all 52 weeks. The maintenance of the property is done through an on-site management company. Quarter ownership provides each owner a full warranty deed for a villa at the beach which can then be used for a quarter of the year at the fourth of the price. Located in an intimate and exclusive vacation community, with access to the full facilities, services and amenities of Palm Island Resort. The villa features a wide-open living room and entertainment area leading directly to a full screened porch. The master suite has its own access to the porch. The bash and dressing area features a large walk-in closet. Learn more about this innovative method of owning real estate. Call today to own a beach condominium and start having memorable vacation experiences, carefree of maintenance and housekeeping.
Location
State FL
County Charlotte
Community Club Villas 01 At Palm Island R
Zoning PD
Interior
Interior Features Window Treatments
Heating Electric
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Dishwasher, Microwave, Range, Refrigerator, Washer
Exterior
Exterior Feature Balcony, Tennis Court(s)
Pool Heated, In Ground
Community Features Fitness Center, Playground, Pool, Tennis Courts, Water Access, Waterfront
Utilities Available Cable Connected, Street Lights, Underground Utilities
Roof Type Metal
Garage false
Private Pool No
Building
Story 2
Entry Level One
Foundation Stilt/On Piling
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Siding,Wood Frame
New Construction false
Construction Status No Contingency
Others
Pets Allowed No
HOA Fee Include Cable TV,Pool,Electricity,Escrow Reserves Fund,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,Management,Pest Control,Pool,Private Road,Recreational Facilities,Security,Sewer,Trash,Water
Senior Community No
Ownership Fractional
Monthly Total Fees $773
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with PALM ISLAND PROPERTIES INC