Amelia Surf and Racquet Club
B-150
5th Floor - 1 bedroom
A++ Opportunity on Amelia's south end at the prestigious Amelia Surf and Racquet Club
Offered at $599,000
STUNNING recent renovation of this one bedroom Surf And Racquet Club condo with remodeled kitchen completely open to the main living areas offering SWEEPING OCEAN VISTAS from almost every area of the condo! BEACH HOUSE CASUAL meets COASTAL CONTEMPORARY in the sophisticated décor. Wonderful as a full or part time residence, but OUTSTANDING as a short term rental investment. With a sustained record of appealing to high end guests, gross rental income was OVER $90,000 in both 2022 and 2023. There isn't a property on the island under $600,000 that would come close to the return on investment and double digit cap rate that this property offers.
VILLA AMENITIES
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Large, OPEN CONCEPT living and dining area with a 50 inch HD TV on a full motion mount that enables adjusting to almost any angle. Rustic engineered wood flooring, and comfortable furnishings
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Gorgeous white kitchen with high end Stainless Steel Appliances,granite counters including a huge breakfast bar, SHIPLAP walls, Bosch washer and dryer and a large assortment of small appliances, kitchen utensils and cookware
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All new bath with tile and marble shower, floating vanity & tile floor
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Spacious bedroom with SHIPLAP wall, top of the line Simmons Beautyrest mattress and high end luxury sheets and bedding, a 40 inch HD TV and lots of storage in an oversized dresser, nightstands and closet
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Generous COVERED VERANDA wraps from the living room to the bedroom and offers a sofa as well as a bistro dining set
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High Speed broadband Xfinity Internet and HD TV programming are included in the HOA fee and available on two large HD TV’s
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NEW Air conditioning unit in July 2023
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The mechanical storage room also contains beach gear, boogie boards, beach chairs, umbrella and tennis racquets
THE FLOOR PLAN
AMELIA SURF & RACQUET CLUB
The Surf and Racquet Club is a gorgeous, private, gated resort that is very well maintained. The resort offers DIRECT OCEAN ACCESS, two POOLS and four HAR-TRU TENNIS COURTS in addition to lovely grounds and sweeping lawns and is just steps away from the RITZ CARLTON via either the beach or a paved pathway draped by a live oak canopy. Extremely well managed by an active board of directors and a first rate management company, AIM, the association has over $2,500,000 in capital reserve funds. HOA fees for this unit are $868 a month and include water, sewer, trash, upgraded HD cable package, high speed internet, pest control, and building insurance.
THE SITE PLAN
Copyright 2024
THE LOCATION
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Adjacent to the Ritz Carlton, the location caters to upscale guests who are often attending events such as the international car show, The Amelia Concours d'Elegance, or conferences at the Ritz and looking for alternative lodging. Very easy access is one of many features attracting high end short term rental guests.
There are 2 ways to go...
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Walk out the back and ¼ mile north on the beach to the Ritz’ first beach boardwalk access
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Walk out the front to the paved pathway, the Amelia Trail, and go ¼ mile north to the Ritz main front entrance