R.109 -This is a short sale subject to bank approval. There is a bank appraisal of $110,000. Cash flows are a negative$500 to$700 per month. This is a condominium hotel. Owner's use is restricted to 60 days per year, only 14 of which may be used during "Season". The balance of time it is available for nightly rental to the general public. This amenity rich resort is situated in an idyllic waterfront setting and features chic waterfront dining and shopping, euro style spa, 2 pools. This 2 bedroom home enjoys a balcony with a breathtaking view of the basin and marina and an excellent rental history. Shuttle to the beach and shopping areas; rent bikes, standup paddle boards or kayaks. Fully staffed Tennis Center and six lighted Har Tru courts.Stroll the waterfront for Dining and shopping right on site with top notch venues for your enjoyment. Buyer to deposit refundable fee of $40,000 for Health Club amenities at settlement. Deposit is refundable upon resale.
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