$1,285,000
$1,390,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,260 SqFt
SOLD DATE : 10/22/2024
Key Details
Sold Price $1,285,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 1,260 sqft
Price per Sqft $1,019
Subdivision Enchantment Clearwater Beach Hotel Condo
MLS Listing ID U8249635
Sold Date 10/22/24
Bedrooms 2
Full Baths 2
Condo Fees $3,312
HOA Y/N No
Originating Board Stellar MLS
Year Built 2023
Annual Tax Amount $119
Lot Size 1.400 Acres
Acres 1.4
Property Description
OVER $230,000 BELOW PRECONSTRUCTION total Savings!!! If the price reduction were not enough to entice you a new surprise awaits.
Imagine next year's positive cash flow thanks to ONE FULL YEAR of HOA payment PAID BY SELLER at closing!!
Plus, Property tax with due date in early 2025 will be FULLY FUNDED BY SELLER at closing (no unfunded tax payment for buyer will be due until early 2026)
Perhaps the MOST coveted Suite in this wonderful resort MUST BE LET GO and must be closed before years end!
This ideal Beach facing CORNER 2BR suite with the Widest (a.k.a. “deepest”) balcony in the entire JW Marriott resort will be sold for this steep discount for personal circumstances.
The owners are selling this beloved unit at a price to execute a desired quick sale! Be the first to sign a contract that will let you purchase at a price that is $155,000 BELOW the developers ACTUAL SOLD PRICE (no misprint $155k below), PLUS the $27,000 Development fee is ALREADY PAID IN FULL! (Developers remaining inventory may require this fee or even more for some units but NOT when buying this unit) Plus, the extra furniture purchase required to allow the exclusive ownership of an “in suite HUGE lockable private owner’s closet including an extra refrigerator” (for use on your family’s personal visits) is also ALREADY PAID in full! These items total more than $185,000 in savings from previous purchase. Now with the HOA & tax credit the massive savings are greater than $230,000. Gross rental income has had a huge increase in 2024 compared with the "rookie year".
Make our parting with our family’s favorite JWM UNIT 1210 your families gain. This suite is unique with its oversized balcony perfect for entertainment, (the extra size unique to 1210 is noticeable even from the beach below) It is blessed with the coveted direct view over the sand. The unit’s elevation places it in the UPPER TOWER where only two units on the entire floor have this ideal water view. This Corner location at this elevation allows ~ 270 degrees of far-reaching Views. Even Clearwater’s Memorial Causeway can be seen. Listing pictures tell this story far better than these words can.
Owners can use the renowned JW Marriott to manage their suite’s rental when it is not in personal use or (as some neighbors do) you may hire an independent manager or even self-manage the suite (no Homestead allowed). Regardless of what choice you make, your families & guests will be basking in the luxury of this building, the construction of which lives up to the “JW” standard of excellence.
Despite significant personal use the unit still has a very nice positive cash flow for us in 2024, but for a buyer Receiving a year of HOA fees & full TAX BILL funding for the significant future their cash flow could be expected to hugely increase.
If rent patterns, follow other local resorts past trends the third year MAY even further outperform these early years.
Set up a visit between guests soon! Please be patient as occupancy is often very high for this wonderful unit. (Listing Realtor is related to seller).
Location
State FL
County Pinellas
Community Enchantment Clearwater Beach Hotel Condo
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Ceramic Tile
Fireplace false
Appliance Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Refrigerator, Washer
Laundry Laundry Closet
Exterior
Exterior Feature Balcony, Lighting, Sliding Doors
Garage Spaces 1.0
Pool Gunite, Heated, In Ground, Lighting, Outside Bath Access
Community Features Fitness Center, Pool, Restaurant, Sidewalks, Wheelchair Access
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Waterfront true
Waterfront Description Gulf/Ocean to Bay
View Y/N 1
Water Access 1
Water Access Desc Beach,Gulf/Ocean to Bay
Roof Type Concrete
Attached Garage true
Garage true
Private Pool No
Building
Story 15
Entry Level One
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
Pets Allowed Breed Restrictions
Senior Community No
Ownership Condominium
Monthly Total Fees $3, 312
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Special Listing Condition None
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