by Global Lifestyle Properties

See Home Value
$29,000
● Condo - Off Market

DRIVE

WESLEY CHAPEL, FL
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,015 Ft²
$32,337
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

This is one of the Condo-tels that can only be used by the owner 45 days a year.  At signing the Resort and owner sign an agreement

to this whereby the Resort Hotel will use it for their guests 320 days.  Every quarter, The Accounting department will calculate all the

revenue that came in for each size condo, (1, 2, 3, 0r any sized condo, and the revenue is calculated by unit types) Whether your

unit type rented all 3 months or not, you will receive income, After any expenses are deducted.  The Resort is given 55% and the

owners are given 45%.  A portion of the income before giving the owner his take home distribution check is put in his Escrow Reserve

first to build it up untill it reaches 20% of the value of the furniture value.  This 2 bedroom/ 2 bath unit is the best buy now.  Do not let

this one slip away.  Homeowner Dues of $306.00 monthly, collected quarterly, and club initiation fee of $8,025. (one time only) with monthly dues of $145. collected quarterly plus sales tax, include the hazard insurance, electric, water, pest services inside, pest services exterior,

painting exterior, cleaning landing, trash removal from the landing in front of your doorway, paver walkways to your condo-tel, path

lighting to your condo, metal roof has a 40 tyear warranty, balcony and walkup iron railing maintenance included, lawn and shrub

care, fertilizer, mulch, grass and plant replacment.   Although the information is believd to be accurate it is not guaranteed.
Unit Size
1,015 Ft²
Days on Market
41 days
Land Size
-
Price per sqft
$29
Property Type
Condo
Property Taxes
$72
HOA Dues
$509
Year Built
-

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Stellar MLS #T3330808)

Price History

Date / Event Date Event Price
Nov 3, 2021 Sold
Sold
Sep 23, 2021 Listed by CENTURY 21 BILL NYE REALTY $29,000
Listed by CENTURY 21 BILL NYE REALTY

Property Highlights

Air Conditioning
Parking Available
Parking Details
Parking Features: Valet
Interior Details
Full Bathrooms: 2
Interior Features: Eating Space In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater
Flooring Type: Carpet
Laundry Features: Outside
Rooms: 5
Exterior Details
Square Footage: 1015
Square Footage Source: $0
Security Features: Gated Community, Key Card Entry, Security Gate, Smoke Detector(s)
Year Built: 1980
Building Area Total: 1105
Levels: One
Building Area Units: Square Feet
Window Features: Drapes, Insulated Windows, Shades, Window Treatments
Construction Materials: Wood Frame, Wood Siding
Patio and Porch Features: Rear Porch
Tax Lot: 1010
Water Source: Public
Financial Details
Tax Annual Amount: $867
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Electricity, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
HOA/Condo/Coop Amenities: Basketball Court, Cable TV, Fence Restrictions, Fitness Center, Gated, Golf Course, Laundry, Maintenance, Pickleball Court(s), Playground, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Trail(s), Vehicle Restrictions
HOA Fee: $509
HOA Fee Frequency: Monthly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around