Average square foot calculated using Size range provided by listing agent.
Description
INVESTOR OPPORTUNITY! Experience luxury living at The Plaza Resort & Condo, Unit #504, offering breathtaking ocean views right from your private room and balcony. The seller has already paid the current $24K assessment for common area renovations. An additional assessment of approximately $46K is expected but has not yet been levied. This upcoming renovation will be a complete down-to-the-studs transformation of the unit, including: All new plumbing and wiring Modern insulation Impact-rated sliding doors Steel entry doors An upgraded security system The redesign will also feature expanded luxury ensuites, updated furnishings, and high-end finishes—bringing the resort experience in line with nearby 5-star properties. Renovations are anticipated to continue through Q1 2026, but the long-term potential is strong for buyers seeking premium value and future income opportunities. The resort offers fine dining at the 1888 restaurant, as well as a scenic ocean-facing lounge, 15, 000 sq. Ft. European spa, salon, fitness center, heated pool, and convention center, all managed seamlessly by on-site professionals. Lastly, the unit offers a lucrative in-house rental program, with a 50/50 split of rental income between owners and management. With a "projected post-renovation value expected to exceed $500K", seize the chance to own a slice of paradise! Contact us today for a private viewing and embark on your journey to oceanfront luxury. CASH OFFERS ONLY! Interior photos are renderings. Exterior photos are unedited balcony views. No Showings until under contract.Show Description