Who Purchases a Resort Condominium?

Nearby Residents

Anyone who lives within a reasonable traveling time to Anna Maria Island would be able to enjoy the resort suites on a whim or extended vacation time. Having significant income makes ownership of beach property possible for those with moderate means. The most consistent and highest occupancy is in the winter, spring and summer. Personal use during these periods would cut into the income but that would be taken into consideration by the buyer. The fourth quarter of the year is traditionally a slow time in terms of scheduled vacationers. However, this period is the best of the year for moderate temperatures, short lines at restaurants, few traffic problems and nearly deserted beaches.

Groups

Purchasing a resort condominium as a group is also a great opportunity. Family members and/or friends could pool their resources and split the personal use time. The periods the suite is rented would help everyone to be able to afford a beach getaway.

Retirees

Snowbirds looking for a winter home can enjoy island living and rental income as well. Some may even decide not to rent at all. The security of nearby professional management is very attractive, especially for older retirees.

Corporations or Business Owners
Large corporations or business owners have found owning a beach property is a great way to give a special perk or gift to a star employee or client. Also, contributing unused use periods to charitable organizations for fundraisers has attractive tax incentives. Again, periods the suites are rented reduces the cost of ownership.

Investors

Small investors who want to hold on to a resort condominium for a few years would find the low to no carrying costs very appealing. There will always be a market for beach property so selling the investment down the road would yield a significant profit.

This site contains several resort properties offering private suite ownership. Please browse through the selections and see how special these opportunities really are! 

For more information on resort condominiums, please contact Barry Gould of Island Vacation Properties at 941-448-5500.