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Key Details
Sold Price $70,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 1,262 sqft
Price per Sqft $55
Subdivision Club Villas 01 At Palm Island R
MLS Listing ID D6123579
Sold Date 04/14/22
Bedrooms 2
Full Baths 2
Condo Fees $923
Construction Status No Contingency
HOA Y/N No
Year Built 1989
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 adjusts 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 a 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 bath 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. This fractional ownership includes 1/4 of golf cart ownership also.
Location
State FL
County Charlotte
Community Club Villas 01 At Palm Island R
Zoning PD
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Walk-In Closet(s), Window Treatments
Heating Electric
Cooling Central Air
Flooring Carpet, Vinyl
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Exterior
Exterior Feature Balcony, Outdoor Grill, Sliding Doors
Community Features Deed Restrictions, Fishing, Fitness Center, Golf Carts OK, Playground, Tennis Courts, Water Access
Utilities Available Cable Connected, Electricity Connected
Waterfront false
Water Access 1
Water Access Desc Gulf/Ocean,Gulf/Ocean to Bay
View Pool, Tennis Court
Roof Type Metal
Garage false
Private Pool No
Building
Story 2
Entry Level One
Foundation Stilt/On Piling
Lot Size Range 0 to less than 1/4
Sewer Private Sewer
Water Public
Structure Type Vinyl Siding
New Construction true
Construction Status No Contingency
Others
Pets Allowed No
HOA Fee Include Pool
Senior Community No
Ownership Fractional
Monthly Total Fees $307
Acceptable Financing Cash
Membership Fee Required None
Listing Terms Cash
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with PALM ISLAND PROPERTIES INC
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