Condo at $16,000? Can’t Buy A Car That Cheap!

The Palms Hotel and Villas, condo hotel, Kissimmee FL – just a stone’s throw from the Orlando Disney Parks. Purchased at $125,000 in  2006 – now priced at just $16,000!

The catch? There isn’t one, this is a real one hundred thousand dollar discount. It’s not a short sale – it’s not a foreclosure – it’s not even listed yet. But it’s available NOW at this price from a private seller who lives out of state.

It’s a cash deal of course, closing must occur before the end of December 2009.

How much are the HOA fees and taxes? An interesting but academic question, the correct answer to which is, “Who cares?” (actually, taxes are under $1500/yr; HOA is about $300/mo).

The Stats:
Size: 338 Square feet
Cert. Value: $42,500*
Built: 1990
Short term rental: Yes
Structure: Concrete block & stucco.
Onsite rental: Yes, split with management company.

(*Current Value represents working appraised values according to the Osceola County website as of 11/10/2009.)

To purchase this holiday Orlando condo hotel, contact Condo Metropolis on: 407-290-3408. Proof of funds required. Contracts will be accepted until 11-31-09.

2 Comments

  1. HI Max, you’re lucky we caught this one comment… I will email you them… FYI we have had over a dozen serious inquiries already and hope to have this sold quickly.

    Buyers: please do not leave ‘comments’ if you are a serious buyer as comments are not moderated. Please dial our office line directly on 407-290-3408 to speak with an agent.

    Thanks!

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