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4752 Fox Hunt Drive , #824

Wesley Chapel, FL 33543
  • $29,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: T3340160
UPDATED: 15 min ago
$29,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 786
    SQFT
  • $37
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1982
County:

School Ratings & Info

Description

THIS IS A CONDO-TEL WHICH MEANS THE BUYER AT CLOSING SIGNS AN AGREEMENT WITH THE RESORT ALLOWING THEM TO USE YOUR CONDO AS THEIRS FOR THEIR HOTEL GUESTS FOR 320 DAYS A YEAR. YOU THEN HAVE THE RIGHT TO CHOOSE 45 DAYS A YEAR WHEN YOU WANT TO USE IT OR NOT USE THE CONDO AT ALL. YOU CAN NOT USE IT 21 DAYS IN SEASON WHICH IS FROM DECEMBER 15TH TO APRIL 15TH (unless the resort gives you permission to use). EVERY QUARTER THE ACCOUNTING DEPARTMENT TAKES A CALCULATION OF THE REVENUE THAT CAME IN FOR ALL THE ONE BEDROOM UNITS (B UNITS) AND THEN THE RESORT RECEIVES 55% OF THAT INCOME FOR MANAGING AND PLACING THE GUESTS IN THE UNIT AND THE OWNER RECEIVES 45% MINUS ANY EXPENSES YOUR UNIT MAY HAVE HAD THAT QUARTER AND ANY OTHER CALCULATIONS THAT ARE MADE FROM EXPENSES CHARGED TO THIS OWNERS ROOM DURING THAT QUARTER. A PERCENTAGE IS PUT PRIOR TO YOU RECEIVING YOUR DISTRIBUTABLE CHECK INTO THE ESCROW RESERVE ACCOUNT YOU STARTED AT PURCHASE OF $500.00. THIS ESCROW RESERVE ACCOUNT IS FOR THE FURNITURE THAT MAY BE NEEDED TO BE PURCHASED IN THE FUTURE OR ANY OTHER EXPENSES NEEDED FOR YOUR UNIT AND THE RESORT WANTS 20% OF THE VALUE OF THE FURNITURE TO BE ACCUMULATED IN THIS ACCOUNT BFORE THEY STOP PUTTING MONEY INTO THIS ACCOUNT EACH QUARTER. THE IMPORTANT ITEM HERE TO REMEMBER IS THE OWNER CANNOT LIVE FULL-TIME IN THIS CONDO. (At closing the buyer needs to have had an interview already with the general manager,) MR. PAT CIACCIO, AND HAVE BEEN APPROVED TO PURCHASE. THE COSTS TO CLOSE ARE APPROXIMATELY AS FOLLOWS: COST OF THE CONDO, ESCROW RESERVE FUND $500.00, INITIATION CLUB MEMBERSHIP FEE $8,025.00, THEY WILL COLLECT THE FIRST QUARTER IN ADVANCE, AND QUARTERLY DUES OF $435.00, QUARTERLY DUES OF HOA. THE HOA INCLUDES ELECTRIC, WATER, INTERNET, CABLE, HAZARD INSURANCE, EXTERIOR BUILDING, LAWN MAINTENANCE, AND YOU HAVE A 40 YEAR METAL ROOF WARRANTY, SUB-TERRANEAN TERMITE WARRANTY. YOU SHOULD PURCHASE A UNIT (inside) INSURANCE POLICY. THE ONLY BILLS YOU WILL RECEIVE WILL BE THE PASCO COUNTY PROPERTY TAX BILL IN NOVEMBER AND THE INSURANCE . ALTHOUGH INFORMATION IS BELIEVED TO BE ACCURATE IT IS NOT GUARANTEED.

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© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-12-01T22:40:58.463.
www.gprai.com/homes/123159905
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4752 Fox Hunt Drive , #824 Wesley Chapel, FL 33543

  • Price: $29,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 15 min ago
  • MLS #: T3340160
1
Beds
1
Baths
0
½ Baths
N/A
Acres
786
SQFT
$37
$/SQFT
1982
Built
Neighborhood:
Saddlebrook
County:
Pasco
Area:
Zephyrhills/Wesley Chapel
Property Description
THIS IS A CONDO-TEL WHICH MEANS THE BUYER AT CLOSING SIGNS AN AGREEMENT WITH THE RESORT ALLOWING THEM TO USE YOUR CONDO AS THEIRS FOR THEIR HOTEL GUESTS FOR 320 DAYS A YEAR. YOU THEN HAVE THE RIGHT TO CHOOSE 45 DAYS A YEAR WHEN YOU WANT TO USE IT OR NOT USE THE CONDO AT ALL. YOU CAN NOT USE IT 21 DAYS IN SEASON WHICH IS FROM DECEMBER 15TH TO APRIL 15TH (unless the resort gives you permission to use). EVERY QUARTER THE ACCOUNTING DEPARTMENT TAKES A CALCULATION OF THE REVENUE THAT CAME IN FOR ALL THE ONE BEDROOM UNITS (B UNITS) AND THEN THE RESORT RECEIVES 55% OF THAT INCOME FOR MANAGING AND PLACING THE GUESTS IN THE UNIT AND THE OWNER RECEIVES 45% MINUS ANY EXPENSES YOUR UNIT MAY HAVE HAD THAT QUARTER AND ANY OTHER CALCULATIONS THAT ARE MADE FROM EXPENSES CHARGED TO THIS OWNERS ROOM DURING THAT QUARTER. A PERCENTAGE IS PUT PRIOR TO YOU RECEIVING YOUR DISTRIBUTABLE CHECK INTO THE ESCROW RESERVE ACCOUNT YOU STARTED AT PURCHASE OF $500.00. THIS ESCROW RESERVE ACCOUNT IS FOR THE FURNITURE THAT MAY BE NEEDED TO BE PURCHASED IN THE FUTURE OR ANY OTHER EXPENSES NEEDED FOR YOUR UNIT AND THE RESORT WANTS 20% OF THE VALUE OF THE FURNITURE TO BE ACCUMULATED IN THIS ACCOUNT BFORE THEY STOP PUTTING MONEY INTO THIS ACCOUNT EACH QUARTER. THE IMPORTANT ITEM HERE TO REMEMBER IS THE OWNER CANNOT LIVE FULL-TIME IN THIS CONDO. (At closing the buyer needs to have had an interview already with the general manager,) MR. PAT CIACCIO, AND HAVE BEEN APPROVED TO PURCHASE. THE COSTS TO CLOSE ARE APPROXIMATELY AS FOLLOWS: COST OF THE CONDO, ESCROW RESERVE FUND $500.00, INITIATION CLUB MEMBERSHIP FEE $8,025.00, THEY WILL COLLECT THE FIRST QUARTER IN ADVANCE, AND QUARTERLY DUES OF $435.00, QUARTERLY DUES OF HOA. THE HOA INCLUDES ELECTRIC, WATER, INTERNET, CABLE, HAZARD INSURANCE, EXTERIOR BUILDING, LAWN MAINTENANCE, AND YOU HAVE A 40 YEAR METAL ROOF WARRANTY, SUB-TERRANEAN TERMITE WARRANTY. YOU SHOULD PURCHASE A UNIT (inside) INSURANCE POLICY. THE ONLY BILLS YOU WILL RECEIVE WILL BE THE PASCO COUNTY PROPERTY TAX BILL IN NOVEMBER AND THE INSURANCE . ALTHOUGH INFORMATION IS BELIEVED TO BE ACCURATE IT IS NOT GUARANTEED.
Exterior Features

Architectural Style Contemporary Carport Yn No Construction Materials Wood FrameWood Siding Covered Spaces 0 Direction Faces East Exterior Features BalconyIrrigation SystemRain GuttersSliding DoorsSprinkler Metered Foundation Details Slab Lot Features In CountyNear Golf CourseOn Golf Course Open Parking YN No Parking Features Valet Patio And Porch Features Porch Pool Private Yn No Road Frontage Type Private Road Road Surface Type Street BrickPaved Roof Metal Spa YN No View Golf CourseWater Water Access Yn No Water Extras Yn No Water View Pond Water View Yn Yes Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances Convection OvenCooktopDishwasherDisposalIce MakerRange Building Area Total 890 Building Elevator Yn No Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring CarpetTravertine Furnished Furnished Heating CentralElectric Heating YN Yes Interior Features Kitchen/Family Room ComboL DiningLiving Room/Dining Room ComboSolid Wood CabinetsWalk-In Closet(S)Window Treatments Laundry Features Outside Levels One Room Count 5 Sewer Public Sewer Stories Total 1 Water Source Public Window Features DrapesWindow Treatments

Property Features

Additional Lease Restrictions Buyer To Verify During interview Required Prior To Closing. You Can Let Friend Of Owner Use Your CondoBut Not Rent To Them. Amenities Additional Fees In Purchasing This Condo-Tel You Must Buy The Saddlebrook Club Mebership With An Initiation Fee $8025.00 (One Time Cost) With Quarterly Dues Of $435.00). This Gives Owner Access & Their Resort Guests While Using Their Unit Access To All Resort Amenities. Approval Process Buyer To Verify Association Amenities Basketball CourtCable TvClubhouseFitness CenterGatedGolf CourseLaundryMaintenanceOtherPickleball Court(S)PoolRecreation FacilitiesSaunaSecurityShuffleboard CourtSpa/Hot TubTennis Court(S)Trail(S)Vehicle RestrictionsWheelchair Access Association Approval Required Yn Yes Association Fee 1173 Association Fee Frequency Quarterly Association Fee Includes 24-Hour GuardCable TvCommunity PoolElectricityEscrow Reserves FundInsuranceInternetMaintenance StructureMaintenance GroundsMaintenance RepairsManagerPest ControlPool MaintenancePrivate RoadRecreational FacilitiesSecuritySewerTrashWater Association Fee Monthly Amount 391 Association Fee Requirement Required Association Yn Yes Cdd Yn No Community Features Buyer Approval RequiredDeed RestrictionsFitnessGated CommunityGolfPlaygroundPoolSpecial Community RestrictionsTennis Courts Flood Zone Code X Floor Number 2 Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms Cash Minimum Lease No Minimum New Construction Yn No Number Of Owned Years Prior To Lease 0 Ownership Fee Simple Pets Allowed No Planned Unit Development Yn Yes Property Sub Type Condo - Hotel Realtor Info 3rd Party Approval ReqAs-IsAssoc Approval RequiredFloor Plan AvailableNo SignRight Of First RefusalSubject To Approval Security Features Gated CommunityKey Card EntrySecurity GateSecurity LightsSmoke Detector(S) Senior Community Yn No Special Listing Conditions None Tax Annual Amount 785 Total Annual Fees 4692 Total Monthly Fees 391 Utilities Bb/Hs Internet AvailableCable ConnectedElectricity ConnectedFire HydrantPrivatePublicSewer ConnectedSprinkler WellStreet LightsUnderground UtilitiesWater Connected Yrs Of Owner Prior To Leasing Re No Zoning Mpud


Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Century 21 Bill Nye Realty.



© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-12-01T22:40:58.463.
 
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