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5820 Gasparilla Rd, Unit 30 Boca Grande, FL 33921

For Sale
$195,000

Subleasehold estate in Boca Grande with special assessment.

Lot size:
1.05 Acres

Property Features for 5820 Gasparilla Rd

General Information

Lot size
1.05 Acres

Building Details

Year built
1981

Source: THE SEALE FAMILY INC Agent Becky Paterson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Boca Grande Subleasehold Estate

This property is held as a subleasehold estate, with a certificate of sublease issued in lieu of a deed. A special assessment was passed to replenish reserves. The first 30% of the assessment was paid in 2023, and the remaining 70% will be split over eight quarters in 2024 and 2025, amounting to $1200 per quarter. The buyer is responsible for paying the title premium, documentary transfer tax, and a 6% sales tax at closing. Complete documents are available in the listing office.
Location Intelligence

Current Use by Public Records

Multifamily properties

Map

City
Boca Grande
County
Lee
State
Florida
Longitude
-82.2785
Latitude
26.8027

FAQs

What type of property is this?
Multifamily property - Subleasehold estate in Boca Grande with special assessment.
Where is this multifamily property located?
The property is located at 5820 Gasparilla Rd, Unit 30 Boca Grande, FL.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: - Year Built: 1981; - Ownership is held as a SUBLEASEHOLD Estate.; - A certificate of Sublease is issued in lieu of a deed.
More about this property
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