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The price of this condominium is $649 000 which includes a fully furnished (value $35 000) condominium with one parking space plus the Private Equity Club membership (value $25 000).

All property owners are members of the Private Equity Club which is responsible for the provision and maintaining of very high standard of recreational facilities at this community and fifteen of this developer’s other prime waterfront resort communities located in Sarasota, the Florida Keys, the Bahamas and one in Las Vegas. Club membership entitles the members to reciprocal rights to the amenities at all of the other communities in the group. Membership amenities can include part or all of the following: Private Charter Jets, Deep Sea Fishing Boats, Scuba Diving Boats, Full Service Marinas, Lodging at Reciprocating Clubs, Golf, Spa & Health Club, and use of all the clubhouses.

All units require the purchase of a Club membership @ $25,000, which is included in the purchase price of this property.  This membership is repurchased by developer on resale at which time you either get back what you paid or 80% of what the new buyer pays for a membership at that time...whichever is GREATER.  Club membership is expected to increase dramatically as the property's new amenity package begins to take shape. The monthly club dues are $150.
 

Please note that this is NOT A TIMESHARE - Cay Clubs offers fee simple and warranty deed ownership with reciprocal member benefits at Cay Clubs worldwide. 

 

To view this property, contact Marius Smook - 813 966-1674  Broker@NetPropUSA.com  

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This property is presented by NetPropUSA.com LLC.