This is a Fractional Property. One-sixth ownership in the LLC where each owner has eight consecutive weeks of usage each year. Owners select their time usage on a rotation. This top floor unit has over 1100 square feet plus two covered lanais. Enjoy breakfast or dinner on the covered lanai off the main living/dining area. A small peak at the ocean. The large master suite (bedroom and bath) is on the main floor and has a king size bed and its own private lanai. Also, located on this main floor is the kitchen, open living and dining area, second bath and laundry closet. The second floor loft bedroom has two queen beds. All costs of operating the condominium are shared equally by the six share owners. Operating costs are $900 per quarter and billed quarterly. Operating costs include all Homeowners Association Dues, Taxes, Reserve Funds, Utilities & Insurance. Share #6 is currently offered for sale. Share Selection Rotation: 2023 1,2,3,4,5,6 2024 2,3,4,5,6,1 2025 3,4,5,6,1,2 For example, the owners selected the flowing for 2023: Rotation 1 Dec 27, 2022– Feb 21 Share 1 Mgr Maintenance Feb 21 – March 7 Manager Rotation 2 March 7 – May 2 Share 6 Rotation 3 May 2 – June 27 Share 5 Mgr Maintenance June 27 – July 11 Manager Rotation 4 July 11 – Sept 5 Share 3 Rotation 5 Sept 5 – Oct 31 Share 4 Rotation 6 Oct 31- Dec 27 Share 2 And for 2024: Rotation 1 Dec 26, 2023– Feb 20 Share 2 Mgr Maintenance Feb 20 – Mar 5 Manager Rotation 2 Mar 5 – April 30 Share 6 Rotation 3 April 30 – June 25 Share 5 Mgr Maintenance June 25 – July 9 Manager Rotation 4 July 9 – Sept 3 Share 1 Rotation 5 Sept 3 – Oct 29 Share 4 Rotation 6 Oct 29 -Dec 27 Share 3
Dishwasher, Disposal, Microwave, Range Hood, Range/Oven, Refrigerator
This condominium is located at 3811 Edward Rd 3304, , it is currently priced $109,000 . This Condo / Townhouse has 1 Bedrooms and 2.00 Bathrooms, totaling 1137 Square feet. Built in 1980, this Condo / Townhouse is Contingent. Represented by Carol Skon of HomeSmart Island Homes, Contact Number 8087297643, our team of Realtors can represent you at no additional cost.
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Listing information last updated on June 3rd, 2023 at 2:10am HST.