St Maarten Real Estate

sea place villa

St. Maarten Real Estate For Sale by Owner ~ 45 Simpson Bay Road

 

Sea Belle Villa

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Saint Maarten Real Estate For Sale

Simpson Bay Condos For Sale~Purchase a turn-key oceanfront Simpson Bay condo ~

A lovely alternative to St Maarten Resorts or St Maarten Hotels

RENT BEFORE YOU BUY

Saint Maarten Condo For Sale By Owner

Saint Maarten Real Estate For Sale


Both of these properties have all the amenities of a luxury hotel--air conditioned, ceiling fans, a fully equipped kitchen including dishwasher, washer and dryer, safe in each BR, gas grill on patio, comfy king bed/king pillows, linens/towels, LCD TVs/DVD's in the bedroom and living room, portable beach chairs, beach umbrellas, cooler and ocean floats. Computer with Internet access, free WiFi and phone service with unlimited free calls to the USA/Canada.

Conveniently located to restaurants, grocery stores, bakeries, casinos, rental cars, shopping, water sports and the airport.

These properties have an excellent rental history. Earn income from the day you take title. 





LOADED WITH AMENITIES

Saint Maarten Condo For Sale By Owner


Unit A3 -45 Simpson Bay Road

La Siesta Residence

Simpson Bay, St Maarten


Built 2007 (1 of 10 units)
Simpson Bay Oceanfront
Ground floor with direct access to pool & beach
1 bedroom & 1 bath (1,100 square feet)
Shared oceanfront pool
Price:  $525,000 US

Quarterly Condo Maintenance Fee: $1,560
Real Estate Taxes: None
2016 Rental income: $54,002
2016 Operating expense: $27,230

2016 Net Profit: $26,772
2016 Occupancy @ 62% (228 room nights)
(Income & expense reported on owners' 1040 income tax return for 2016.  A copy will be provided to purchaser under contract).

Building Features:
Fee simple land ownership
4- story building, cement construction, tile roof
Gated with intercom
Parking in front of building (1 space per unit)
Tile floors
Open concept living room  & kitchen
Covered terrace
Floor to ceiling sliding glass doors
High-efficiency split air conditioning
Electric water heater
Wired for cable TV and Internet
Hurricane Shutters
Ceiling Fans
Bedroom accommodates king-size bed
Large closet in bedroom
Granite kitchen countertop
Ceramic countertop stove
S/S Oven, Dishwasher, Refrigerator
Washer & Dryer
Fully Furnished

Excellent 10-year rental history

Saint Maarten Condo For Sale By Owner


Unit B2 -41 Simpson Bay Road

La Siesta Residence

Simpson Bay, St Maarten


Built 2006 (1 of 3 units)
Simpson Bay Oceanfront
Entire 2nd floor(windows on all sides)
2 bedrooms & 2 baths (1,440 square feet)
Shared oceanfront pool
Price:  $625,000 US

Quarterly Condo Maintenance Fee: $2,000
Real Estate Taxes: None
2016 Rental income: $68,384
2016 Operating expense: $29,139

2016 Net Profit: $39,245
2016 Occupancy @ 67% (245 room nights)
(Income & expense reported on owners' 1040 income tax return for 2016.  A copy will be provided to purchaser under contract).

Building Features:
Fee simple land ownership
3-story building, cement construction, tile roof
Gated with intercom
Parking in front of building (1 space per unit)
Tile floors
Open concept living room  & kitchen
Covered terrace
Floor to ceiling sliding glass doors
High-efficiency split air conditioning
Electric water heater
Wired for cable TV and Internet
Hurricane Shutters
Ceiling Fans
Bedrooms accommodate king-size bed
Large closet in bedroom
Granite kitchen countertop
Ceramic countertop stove
S/S Oven, Dishwasher, Refrigerator
Washer & Dryer
Fully Furnished

Excellent 11-year rental history