Yesterday, I visited the Hilton Resort (aka Q Club Resort) in Ft. Lauderdale while showing Condos to interested Buyers (included above is a picture that I shot from a 24th Floor Residence).
The Hilton Resort is an Oceanfront Building in the Ft. Lauderdale Beach area and is a Condominium Hotel/Condotel. Since Owners can enter their Units into the Hotel’s Rental Management Program, which allows Units to be rented as Hotel Rooms, it can be a great choice for Owners who are interested in purchasing for Investment purposes or for those who plan to occupy the property on a limited basis throughout the year as a vacation property. The Rental Management Program is a Revenue sharing program between the Hotel and Unit Owners that generates Revenue and offsets the cost of ownership.
Currently, a variety of Units are available for sale, ranging in size from Studio Units to 2-Bedroom Units, in a price range of $225,000 – $1,009 ,000. To date in 2010, sales of 13 Hilton Units have been recorded in Property Tax Records, with a purchase price range of $150,000 – $450,000 and 15 Units are listed as currently being under pending Contract for purchase.
The Beachfront location is beautiful and the Hotel is conveniently located within walking distance of Shops and Restaurants. All of the Units offer Ocean views and some include Intracoastal views as well.
Click to view listings and additional information about the Hilton Resort.
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