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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

9980 Gulf Boulevard Unit 220, Treasure Island image
9980 Gulf Boulevard Unit 220, Treasure Island — Island Inn $475,000

INVESTOR ALERT! This darling turn-key furnished studio is ready for your Short Term Rental business. Treasure Island is a wildly popular destination and this recently ren...

  • 1 Beds
  • 1 Baths
  • Island Inn Condo SubDv.
  • 33706 Zip Code
13999 Gulf Boulevard Unit 404, Madeira Beach image
13999 Gulf Boulevard Unit 404, Madeira Beach — Skyline Of Madeira $650,000

Excellent 2/2 condo-hotel investment opportunity. No minimum days of rental requirement. Do your own rentals or hire any rental manager you prefer. Use for your vacation ...

  • 2 Beds
  • 2 Baths
  • Skyline Of Madeira Condo SubDv.
  • 33708 Zip Code
11605 Gulf Boulevard Unit 207, Treasure Island image
11605 Gulf Boulevard Unit 207, Treasure Island — Crystal Palms $550,000

This pool view 2 bed 1.5 bath is sold fully furnished. You can use the condo as a vacation getaway condo and then use it as rental revenue for the rest of the time that y...

  • 2 Beds
  • 1.5 Baths
  • Crystal Palms Bch Resort At Treasure Island Condo SubDv.
  • 33706 Zip Code
19417 Gulf Boulevard Unit E-110, Indian Shores image
19417 Gulf Boulevard Unit E-110, Indian Shores $426,000

Nestled between the Intracoastal Waterway and the Gulf of Mexico in Indian Rocks Beach, life at Barefoot Beach Resort offers everything you could want and more just steps...

  • 1 Beds
  • 1 Baths
  • Barefoot Beach Resort Of Indian Shores SubDv.
  • 33785 Zip Code
11605 Gulf Boulevard Unit 403, Treasure Island image
11605 Gulf Boulevard Unit 403, Treasure Island $575,000

This is a must see if you are searching for a modern beach get-away with rental income. Sold fully furnished you can stay in this two bedroom 2 bath unit today and rent i...

  • 2 Beds
  • 2 Baths
  • Crystal Palms Bch Resort At Treasure Island 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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