Fully automated money maker earning 7% net cap. Direct beach front condo with beautiful sunset views. Fully updated condo-hotel unit. High demand with 89% occupancy. Renovation was completed 2018 & is paid. Not a timeshare or fractional ownership. Bilmar Beach resort is in the center of Treasure Island where Central Ave runs into the Gulf of Mexico. 2 pools, 550ft of Gulf frontage. Guests have so much to do within the resort, including multiple pools, games, activities, movie night, 2 restaurants including Sloppy Joe's restaurant & bar & the Bilmar Beach cafe. And the main attraction, beautiful year round sugar sand beach. This unit comfortably sleeps 4. Built in mini kitchen allows your guests to cook their own meals if they decide to stay in. The Bilmar Resort has 2 convention halls for corporate beach front destination meetings or weddings. The area has lot's of night life with bands & is 2 minutes south of John's Pass. John's Pass has shopping, dining, dolphin sightseeing cruises, deep sea fishing, a board walk & soo much more. As an owner, you have 2 options to enter into the program. Option 1 allows you as the owner to stay 14 days peak season & 28 days non-peak season stays. Option 2 nets the most, but allows you as the owner to only stay up to 7 days, non-peak season. If you are looking for a place to park some money & it make monthly deposits in your account without any involvement, then call today!! St Pete-Clearwater airport is 20 minutes away & Tampa International is 45 min.
Listing courtesy of CHARLES RUTENBERG REALTY INC.
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