SAVVY INVESTOR ALERT!!! Discover luxury living at The Plaza Resort & Condo, unit #705, where you'll find the most stunning ocean views from the privacy of your room as well as from two separate balconies (one facing East & one facing North). The ''05 stack'' offers the largest available footprint (i.e., 513 sq. ft.) in the complex with NO VIEW OBSTRUCTIONS to the North which is prevalent in units below the 6th floor. The seller HAS PAID the ''current'' $24K assessment for common area renovations. An additional assessment of ''approximately $45K'' is upcoming that has NOT been paid which will cover a ''complete in-room DOWN-TO-THE STUDS renovation that will include NEW PLUMBING, WIRING, INSULATION, IMPACT SLIDERS, STEEL ENTRY DOORS, & SECURITY SYSTEM.'' In addition to offering (con't) more appealing in-room finishes & design, the renovation will also include expanded luxury ensuites & new furnishings. While renovations are expected to be underway until January 2025, one should anticipate a post-renovation resort experience akin to nearby 5-STAR hotels. The resort offers fine dining at the 1888 restaurant, as well as a scenic ocean-facing lounge, 15,000 sq. ft. European spa, salon, fitness center, heated pool, and convention center, all managed seamlessly by on-site professionals. Lastly, the unit offers a lucrative in-house rental program, with a 50/50 split of rental income between owners and management. With a "projected post-renovation value expected to exceed $500K", seize the chance to own a slice of paradise! Contact us today for a private viewing and embark on your journey to oceanfront luxury. CASH OFFERS ONLY!
Listing courtesy of ADAMS, CAMERON & CO., REALTORS.
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