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    Condo-Hotels/Seasonal Investments

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    As a leader in the area selling and managing income producing properties, we have agents who specialize in condo/vacation rental properties or “seasonal properties”.

    Seasonal properties produce passive income for their owners, while providing a nice place for those much needed getaways. These properties all have rules and regulations in place by the condo association management and they can vary dramatically from one property to the other. It is important you are working with an agent who knows the right questions to ask of the seller or the seller’s agent, as well as understanding how the management of these seasonal properties really works. Our agents are aware of the unique aspects of these types of properties, and offer professional advice and valuable insight for those buying and selling seasonal real estate on the Pinellas Gulf Beaches.

    What are the key differences in a Condo-Hotel VS. Condominiums?

    • Condo-Hotels usually have a shorter minimum rental period. Because they are primarily used as income producing properties, minimum rental periods can vary from 1 night to 2 weeks. In contrast, although some condominiums allow for shorter rental periods, they are usually used as a primary residence, putting additional restrictions on minimum rental periods, how often it can be rented annually, and/or applications required prior to renting. 
    • Condo-hotels more often than not, are not able to be homesteaded. Most have restrictions on owner usage, such as a maximum amount of days (EX: 90 Days) for personal use. They are not designed to be a primary residence. Condominiums however, are able to be homesteaded.

    Please Note: This is a general overview of the differences, however each building is unique, and although many have a similar structure to the rules, they can vary. This is where a trusted Realtor® comes into play. With the experience our team holds in this kind of investment, you want someone who can guide you in the pros and cons each condo-hotel provides. There are additional factors in the purchase and/or sale of this type of property that not every realtor is aware or able to do, we however can. 

    Condo-Hotels/Seasonal Investment Properties

    16333 Gulf Boulevard Unit 217, Redington Beach image
    16333 Gulf Boulevard Unit 217, Redington Beach $350,000

    Redington Beach vacation rental property. It is an established short term rental across the street from the sandy Gulf of Mexico beach. This one bedroom unit overlooks a ...

    • 1 Beds
    • 1 Baths
    • Royal Orleans Pinellas Condo SubDv.
    • 33708 Zip Code
    5500 Gulf Boulevard Unit 3219, St Pete Beach image
    5500 Gulf Boulevard Unit 3219, St Pete Beach — Jacaranda $515,000

    This Direct Gulf Front, 3rd floor, fully furnished, condo-hotel residence offers Incredible breathtaking Gulf Water Views. This exceptional unit has an impressive track...

    • 1 Beds
    • 1 Baths
    • Jacaranda Beach Villas Condo SubDv.
    • 33706 Zip Code
    13235 Gulf Boulevard Unit 315, Madeira Beach image
    13235 Gulf Boulevard Unit 315, Madeira Beach — Madeira Bay Resort Ii $559,500 ▼

    Discover this exceptional income-generating opportunity at Madeira Bay Resort with this fully furnished, 2 bedroom 2 bath pet-friendly condo ideally situated just steps f...

    • 2 Beds
    • 2 Baths
    • Madeira Bay Resort Ii Condo SubDv.
    • 33708 Zip Code
    11605 Gulf Boulevard Unit 202, Treasure Island image
    11605 Gulf Boulevard Unit 202, Treasure Island $565,000

    Crystal Palms Beach Resort At Treasure Island is a Condo Hotel. Short-term rental is allowed, daily, weekly, or monthly. Own your own getaway at the beautiful Crystal Pal...

    • 2 Beds
    • 1.5 Baths
    • Crystal Palms Bch Resort At Treasure Island Condo SubDv.
    • 33706 Zip Code
    5500 Gulf Boulevard Unit 7221, St Pete Beach image
    5500 Gulf Boulevard Unit 7221, St Pete Beach — Jacaranda $689,000 ▼

    ***DIRECT GULF FRONT***. A premier unit in the 4 Diamond AAA TradeWinds. This unit is a rarely available top floor (7th) 1 bedroom suite with separate living area. Enjoy ...

    • 1 Beds
    • 1 Baths
    • Jacaranda Beach Villas Condo SubDv.
    • 33706 Zip Code
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    Condo Hotels We Manage

    • The Caprice Resort
    • Gulf Strand Resort
    • Gulf Winds Resort
    • Madeira Bay Resort
    • Redington Surf Resort
    • Sea Breeze
    • Additional Condos

    Resort Financing

    Interested in a Condo-Hotel but don't have all the cash upfront? We can help! Reach out to:

    Adam Ellis
    SVP Consumer and Small Business Lending
    6100 4th St N, St. Petersburg, FL 33703
    O: 727-865-4048 | M:727-418-9136 
    NMLS# 1020970
    adam.ellis@ozk.com

    ozk.com

    Jason Nordin
    American Momentum Bank
    4830 W Kennedy Blvd Ste 155, Tampa, FL 33609
    O: 813-508-5456
    NMLS# 264544

    jnordin@americanmomentum.bank

    https://www.americanmomentum.bank/

    H06 Insurance

    A Condo-Hotel requires a special sort of insurance coverage. Want to get a quote or find out more? Reach out to:

    Paula Blanda
    Insurance Advisor
    Florida All Risk Insurance
    5500 Central Avenue, St. Petersburg, FL 33707
    O: 727-677-0050 x.122| C: 727-565-5108
    paula@floridaallrisk.com
    https://www.floridaallrisk.com/ 

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