1121 west ocean drive # 3, # 11, # 18 - AD #: RS681
Specifications
| Ad #: | RS681 |
| Type: | Condominium |
| Virtual Tours: |
sales website with contact info |
| Street Address: | 1121 west ocean drive |
| Unit/Suite: | # 3, # 11, # 18 |
| City: | Key colony Beach |
| State/Province: | FL |
| Postal Code: | 33051 |
| Country: | US |
| Quick Details: | OCEANFRONT EXCLUSIVE COMMUNITY RARE SANDY BEACH !!! THREE UNITS !!! 1000 SF AND 2 Bedroom 2 Bath NEWLY RENOVATED COMPLEX 2008 INTERIORS UPGRADED-2008 Year Round -Weekly Rentals-> $ 1400.00 -$ 1600.00 PER WEEK income- rental history |
| Year Built: | 1975 |
| Acreage: | 2.000 |
| Parking: | outside assigned space |
| # of Beds: | 2 |
| # of Bath: | 2.00 |
| Waterfront: | Yes |
| New Construction: | No |
| Scenic View: | Yes |
| Pool: | Yes |
| Agent Name: | Jennifer Faga |
| Agent Company: | owner-agent |
| Agent Phone: | 914-673-2024 |
| Value Price: | $1,920,000.00 |
| Loan Price: | $300,000.00 |
| Equity Price: | $1,620,000.00 |
| Asking Price | $1,200,000.00 |
OCEANFRONT EXCLUSIVE COMMUNITY
RARE SANDY BEACH !!!
Each Condo unit is :
1000 SF AND 2 Bedroom 2 Bath
NEWLY RENOVATED COMPLEX 2008
INTERIORS UPGRADED-Year Round -Weekly Rentals-> $ 1400.00 -$ 1600.00 PER WEEK -EACH
Place in rental program to generate income...or remote rent from your home via computer as I do.
Great home business
new A/C , windows , sliders ,granite, new stainless appliances , new kitchens and baths,
turn-key rentals all 3 come furnished; and ready to rent.
Complex just completed $ 7 Million ; 3 year renovation.
Buildings brought up to 2008 Building codes and Miami -Dade Hurricane impact windows and sliders installed in MY 3 units !
In 2008 -all 3 units had an Interior renovation as well....
New Kitchens,
New Tile Floors
New Cabinets and Granite Countertops-Kitchen and bathrooms
New toilets
New sinks- designer faucets
new lighting and window treatments
new pots, pans, small Stainless appliances
Stainless Dishwashers, Ceramic top stoves, Ovens, Refrigerators, Mounted Microwaves- ALL STAINLESS and under warranties
New expanded Glass slider in Master expanded to 8\\\' (entire wall of glass overlooking Balcony and Ocean!)
Complex has heated pool, new sprinkler system, new seawall reventment, new tiki huts, new Bar-B-Q\\\'s, new stucco, paint, roofs, mansards, soffits, balconies, railings, walkways, exterior lighting, professionally designed and installed Landscaping.
New exterior tables-tiki\\\'s Poolside and Ocean side.
Located on a Rare natural Sandy beach- Turtle nesting beach-
Walk out your door onto 175\\\' of sandy ocean beach !
small exclusive community
complex is 200 ft from Sunset passive recreation park
walk and bike to all
snorkel and fish out your door
Each unit also is 1/35th owner of # 27 in Building # 3 -which serves as a managers office, a rental office, and a 1 bedroom rental unit.
EQUITY BONUS IN OWNERSHIP OF THIS FRACTION...
Owner is real estate professional...and will agree to manage rentals during a transition phase as no cost to new owners.
all websites and internet advertising-conveyed at closing
all transferrable licenses conveyed at closing as well.
rental history being established
3 UNITS FOR SALE
UNITS IN SAME OWNERSHIP FOR 8-30 YEARS...
Attractive deal for INVESTOR........already renting weekly....
This is a year round rental resort area....
10 weeks of rentals will cover your expenses for the year - 2009 expenses already booked and covered.
Quarterly Maintenance per unit: $ 1605.00
includes cable, sewer/water, common area maintenance, pool, beach cleaning daily, W/D maintenance, on-site manager, full time landscaper, common area electric, fire-smoke monitors 24/7, phone, advertising etc...
on-site rental program is optional or just do what I do and run from your home very conveniently.
Desktop appraisals from 2006 value at $ 850,000.00 each unit !
Certified Appraisals are available
Reasonable cash offers on all 3 units considered
- open to trades in FL or NY or southern CT.
Association is Financially stable- no need to worry about covering vacant units common charges-
Taxes per unit $ 3000.00 /year






















