600 N Atlantic Avenue , #732

Description

Amazing direct ocean front view that also overlooks the beautiful heated pool and firepit! The Plaza Resort and Spa, with a rich history on the Worlds Most Famous Beach, is currently undergoing a massive $45 million renovation with a goal to take this to a 5 Star luxury resort! The Sellers have paid a recent $23,835.35 assessment in full! Some of the wonderful amenities of the Plaza include a European spa with salon, fitness center, full bar, restaurant, banquet rooms and on-site management that also handles the rental program for each unit. The owners are able to occupy their unit 60 days of the year and the rental program profit is approximately 50/50. Please note the photos of the unit are included so buyers have an idea of the space and balcony view-not what the updated unit willlook like after renovations are completed which will include new flooring, furniture and hurricane sliders. Management is projecting that renovations should be completed by May 2024. The Plaza Resort and Spa is currently closed for these renovations and cannot be shown. Owners are required to used the rental program and cannot rent out their units on their own. Conveniently located to the Ocean Center, pier, boardwalk, restaurants and entertainment, this is an amazing investment opportunity for a direct ocean front unit in what will be an upscale resort!