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Key Details
Sold Price $75,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 1,015 sqft
Price per Sqft $73
Subdivision Saddlebrook Condo Cl 03
MLS Listing ID T3490257
Sold Date 05/29/24
Bedrooms 2
Full Baths 2
HOA Fees $613/qua
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 1982
Annual Tax Amount $563
Lot Size 435 Sqft
Acres 0.01
Property Description
Welcome to the luxurious Saddlebrook community in Wesley Chapel, where resort-style living awaits. This exquisite 2-bedroom, 2-bathroom condo-hotel is part of the rental pool program, although you have the option to opt out. It presents a unique opportunity to own a piece of paradise with the added advantage of hassle-free management and rental income. Upon entry, you'll be enchanted by the tastefully furnished interior, seamlessly flowing into a balcony that overlooks the tranquil courtyard, offering a peaceful retreat for relaxation and unwinding. As part of the Rental Pool Program, owners have the flexibility to enjoy the unit for 45 days annually while leasing it to vacationers for the remaining time. Notably, Saddlebrook is embarking on a comprehensive renovation project for each condo, with a projected cost of $75k to $85k for the two-bedroom units, should you choose to participate in the rental pool program. This complete renovation includes new furniture, appliances, bathroom fixtures, kitchen cabinetry and appliances, and flooring, ensuring a refreshed and contemporary living experience. The innovative rental income distribution system ensures a fair and lucrative return for all parties involved, with 55% allocated to the resort and 45% to cluster owners every quarter. Moreover, Saddlebrook is renowned for its world-class amenities, including two 18-hole golf courses, 45 tennis courts, restaurants, a massage center, golf and tennis shops, a grill and bar, an arcade center, and more, making it an ideal destination for those seeking a luxurious retreat. Conveniently located in the heart of Wesley Chapel and only one mile east of I-75, residents have easy access to a variety of Tampa attractions, perfect for sports and shopping enthusiasts, culture seekers, and guests craving the area’s year-round sunshine. Don't miss the chance to experience the epitome of resort-style living and embrace the potential for a revitalized and upgraded living space within this coveted community. Schedule your private showing today and elevate your lifestyle amidst the unmatched splendor of Saddlebrook.
Location
State FL
County Pasco
Community Saddlebrook Condo Cl 03
Zoning MPUD
Interior
Interior Features Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Laminate
Furnishings Furnished
Fireplace false
Appliance Cooktop, Dishwasher, Electric Water Heater, Microwave, Refrigerator
Laundry Outside
Exterior
Exterior Feature Balcony, Courtyard, Sliding Doors, Tennis Court(s)
Community Features Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf Carts OK, Golf, Pool, Restaurant, Tennis Courts
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Amenities Available Basketball Court, Cable TV, Fitness Center, Gated, Golf Course, Laundry, Maintenance, Optional Additional Fees, Pickleball Court(s), Playground, Pool, Recreation Facilities, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Trail(s), Vehicle Restrictions
Waterfront false
Roof Type Metal
Porch Rear Porch
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Key West
Structure Type Wood Frame,Wood Siding
New Construction false
Schools
Elementary Schools Wesley Chapel Elementary-Po
Middle Schools Thomas E Weightman Middle-Po
High Schools Wesley Chapel High-Po
Others
Pets Allowed Cats OK, Dogs OK, Number Limit
HOA Fee Include Guard - 24 Hour,Cable TV,Common Area Taxes,Pool,Electricity,Escrow Reserves Fund,Fidelity Bond,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,Management,Pest Control,Private Road,Recreational Facilities,Security,Sewer,Trash,Water
Senior Community No
Ownership Condominium
Monthly Total Fees $758
Acceptable Financing Cash
Membership Fee Required Required
Listing Terms Cash
Num of Pet 1
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with COMPASS FLORIDA, LLC
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Tony Giglio
Principal Broker | License ID: 3588319
Principal Broker License ID: 3588319