9704 Conch Lane, Placida, FL, 33946 United States

North Canal Cabin on LGI!

  • New
  • Single-family
  • Active

9704 Conch Lane Placida, FL, 33946 United States Get directions

$165,000
2 Beds 1 Bath 1 Partial Bath

Overview

Enjoy up to 13 weeks per year for 25% ownership of an LLC partnership of this waterfront canal cabin. Located at 9704 Conch Lane is a multi-family-owned property situated on the north canal of Little Gasparilla Island. There is approx. 65 feet of dock frontage available with an engineered wood dock and engineered patio below and deck upstairs to enjoy sunrise views of the bay or moon and stars. The purchase includes the shared ownership of certain contents and a fully remodeled 2-bedroom 1.5 bathroom cabin with outside shower and underside decked for year around use and attached owners shed. The cabin is an income producing property that rents approx. 85 nights annually-mostly repeat renters to cover the LLC's annual operating expenses. Owning 25% of this fractional partnership allows you to participate in the established rental program but does not obligate you to.

Features

Other Features

  • You can decide to use it personally and share in the rental program or elect to only use it for personal use up to 13 weeks throughout the year and be responsible for 25% of the operating expenses.  Contact the owner for additional details at 352-650-0638 or email to richconnor88@gmail.com  Price is $165,000 to own 25% of this LLC partnership.  An active operating agreement will be required. A recent appraisal was completed.

Taxes & Fees

  • Condo Fees : Not Available
  • Taxes: Not Available
  • Monthly Rent: Not Available