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Key Facts

Type Condominium
Levels Residential
Size 372 sqft
Garage Yes
Maintenance Fees $302
Taxes $145
Days Active 0
Approx. Age 1969
Avg. Price Per Sqft $262
MLS® Number 1215405

Property Address: 

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
MLS® Number1215405
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorBalcony
GarageYes
Approx. Age1969
Stories5
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric
A/CElectric
Heating Fuel

Extras

Rooms

Show Details
Bedroom 1:Main37 × 10 ft
Kitchen:MainNot available

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