MLS® ID: E2400828
4762 FOX HUNT DR
WESLEY CHAPEL, Florida, 33543 $20,000
THIS CONDO IS A CONDO FOR THOSE THAT ARE NOT READY TO LIVE FULL TIME SINCE THIS IS A 45 DAY USE PROPERTY. AT PURCHASE THE BUYER SIGNS AN AGREEMENT WITH THE HOTEL ALLOWING THEM TO USE THEIR CONDO FOR THEIR GUESTS AND THEN EVERY QUARTER REVENUE IS CALCULATED AND WHETHER YOUR CONDO WAS USED OR NOT SINCE IT IS A RENTAL POOL CONDO YOU WILL RECEIVE A CHECK WITH THE CALCULATED REVENUE. THE RESORT FOR MANAGING YOUR CONDO RECEIVES 55% AND YOU RECEIVE 45%. FINANCIAL STATEMENTS ARE AVAILABLE. This is a one bedroom/ one bath condo-tel near the tennis courts and back parking lot and close to the Resort Amenities which makes it a Premier Location for many many reasons, so do not hesitate and think about it too long or someone will take the plunge before you do and it will be gone. It is listed at $20,000... You pay an additional $7366. for the first Phase interior renovations, Phase 2 furniture renovation is not due until 2020 or early 2021 $8485, and $500. for the Escrow Reserve account you need to start with, then the club initiation fee which is $8025. and the title company will collect the first quarter for condo dues & club dues so U will not be late, and U will be receiving a credit from the Seller for property taxes from January 1st to the day of closing. Although all the information is believed to be accurate it is not guaranteed.