Clearwater Florida Homes Condos Real Estate

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Clearwater Beach Florida | Condo Hotels | Hassle Free Vacation Homes

Clearwater Beach FLorida Condo Hotels are popping up more and more often as a Hassle Free Alternative to  Tampa Bay Luxury Vacation Homes.

clearwater beach florida 33767 condo hotel view 

Condo Hotels are now finding a Home on Clearwater Beach, Florida

Have you heard about the latest craze in vacation homes - buy into a  Condotel  or also known as a Condo Hotel. Many boast that they offer a great alternative to luxury vacation home ownership. 

How do Condo Hotels work?

You actually buy into a Luxury Vacation Resort and the Condo Unit is then rented out when you're not using it but you can use it as much as you want with proper notice and then when it's rented out this rent helps offset your cost of ownership.  

The Condo Hotel concept actually started in Miami and Ft Lauderdale, Florida and now you can find luxury Condo Hotels cropping up in cities like Celebration, FL, Las Vegas, NV, New York, NY and Chicago.

Tampa Bay Luxury Condo Buyers have shown an attraction to these types of property in areas where the cost of owning a second home is high like Clearwater Beach where the average condo price has almost doubled in the last 3 years.

Condo Hotels are typically luxury 4 and 5 star world class resorts managed by some of the finest names in hospitality like Hyatt, Ritz Carlton, Four Seasons, Trump International to name a few.

Is a Clearwater Beach Condo Hotel the same as a Timeshare?  >>>>READ MORE

Proudling selling Clearwater Beach Real Estate  

Original Article printed on Sandbars to Sunsets ~ We've got Tampa Bay Real Estate Covered! all information copyright 2007 by Cyndee and Jack Haydon. 

22 comments • Cyndee Haydon 727-710-8035 Clearwater Beach Short Sales | Condos & Homes • July 04 2007 04:59PM

Comments

Still taking long to come up...

Anyway, condotels are famous in Waikiki....did some looking last year although the client's decided to wait until they sold in Michigan.

Posted by Celeste "SALLY" Cheeseman, RA, CRS, HAWAII Real Estate & Relocations (Century 21 Liberty Homes) over 4 years ago

Cyndee sounds like a good way to have a vacation home and offset the cost.

Posted by Ashley Drake Gephart (Drake Intelligence Group) over 4 years ago
Sally - I would think they would be big in Hawaii with real estate prices being on the high side- thank you for the feedback - it must be that...will noodle on a solution! thanks!!
Posted by Cyndee Haydon 727-710-8035 Clearwater Beach Short Sales | Condos & Homes (Charles Rutenberg Realty) over 4 years ago
Ashley - I was just wondering about you and looking for recent posts the other projects must have you busy - thanks for taking time to visit.
Posted by Cyndee Haydon 727-710-8035 Clearwater Beach Short Sales | Condos & Homes (Charles Rutenberg Realty) over 4 years ago
I have been looking into something similar in Las Vegas.  I like the idea of someone handling the rental and maintenance.
Posted by Darrel Quebedeaux (Evergreen Realty & Associates Inc.) over 4 years ago
Darrel - there should be several to choose from in Las Vegas - Renee Burrows here on Active Rain would be a good one to ask - Hope you're feeling better - Happy 4th of July :-)
Posted by Cyndee Haydon 727-710-8035 Clearwater Beach Short Sales | Condos & Homes (Charles Rutenberg Realty) over 4 years ago
Cyndee, interesting concept.  I know that there are quite a few condotels in Las Vegas.  Glad to see that Clearwater has them as well.  :-)
Posted by Pasadena CA Real Estate - Irina Netchaev (John Aaroe Group) over 4 years ago

Cyndee - My son and I amost invested in one of these in Paradise Valley, AZ. We decided not to and are now happy with our decision, now that ot being built.

I was told the owner could only stay there 14 days out of the year. Wonder what the difference is?

Posted by Paula Henry, Realtor® | Indianapolis Real Estate | 317-605-4174 (Home to Indy Team @ Sycamore Group Associates) over 4 years ago
Irina - thanks for check in - yes people are even using them in expensive areas like NY and Chicago as a type of executive housing  - use it when you need it - earn income when you're not - it definitely has it's place. Happy 4th
Posted by Cyndee Haydon 727-710-8035 Clearwater Beach Short Sales | Condos & Homes (Charles Rutenberg Realty) over 4 years ago
Paula: I'm sure different resorts have different rules. That actually sounds closer to a timeshare interestingly enough. The ones i'm familiar with here all let you use it as much as you want with advance notice (like 60 days) so it definitely takes some planning. 
Posted by Cyndee Haydon 727-710-8035 Clearwater Beach Short Sales | Condos & Homes (Charles Rutenberg Realty) over 4 years ago

Great post Cyndee...

 I love the Condotel craze...

I think it has a lot of zip to it - especially for those people who want a lot of amenities and also the potential cash flows.

Posted by David A. Podgursky, PA (Boynton Beach & Lake Worth Florida Real Estate Broker Associ) over 4 years ago
Thanks David - I appreciated you allowing me to share your Condo Hotel Financing information in my article - you did a great job explaining it thanks!  
Posted by Cyndee Haydon 727-710-8035 Clearwater Beach Short Sales | Condos & Homes (Charles Rutenberg Realty) over 4 years ago
Hello, My name is Sam Casuncad and i am also in to real estate. If condotels are very popular in Waikiki, it  is more than popular here in the Philippines as a real estate venture business. Sad to say that that there are only a few handfuls investing in the business and they are the ones who get a significant amount of income today.
Posted by sam casuncad over 4 years ago

We checked one of these out in South Shore Lake Tahoe at Christmas.  It seemed like a great idea.

Fran

Posted by Fran Gatti - Realtor®, CDPE®, RDCPro®, Crescent City CA Real Estate (RE/MAX Coastal Redwoods) over 4 years ago
Sam - thanks for giving us an insight to the Phillipines - it does take some explaining for people to get comfortable with the concept.
Posted by Cyndee Haydon 727-710-8035 Clearwater Beach Short Sales | Condos & Homes (Charles Rutenberg Realty) over 4 years ago
Fran - I can see how it makes luxury resort properties more affordable to those interested in vacation home ownership. Great to have you stop by! :-)
Posted by Cyndee Haydon 727-710-8035 Clearwater Beach Short Sales | Condos & Homes (Charles Rutenberg Realty) over 4 years ago
Sounds like a plan to me!!  I love that you can stay as often as you want!!  What a great concept!
Posted by Real Estate Specialist | Brandon, FL | Susie Roscoe (Signature Realty Associates) over 4 years ago
Susie - it definitely opens up a whole new area of possiblities.
Posted by Cyndee Haydon 727-710-8035 Clearwater Beach Short Sales | Condos & Homes (Charles Rutenberg Realty) over 4 years ago
We had one of these come up locally it sat right on the Big Deschutes River and was next to a great park - it took a little bit to catch on but it finally did and now when they come back for resale they are popular
Posted by Thesa Chambers, Principal Broker Licensed in Oregon, with (Prudential NW Properties Sunriver) over 4 years ago
Thesa - you should consider writing about it - I created a group for Condo Hotels since several of us were writing about them and many consumers don't understand them. If you do I'd love to add your article to my resource list on my blog :-) Let me know. 
Posted by Cyndee Haydon 727-710-8035 Clearwater Beach Short Sales | Condos & Homes (Charles Rutenberg Realty) over 4 years ago
Great explanation Cyndee!  Great to know we have a local Clearwater condotel expert!
Posted by Your Tampa Bay Mortgage Source over 4 years ago
Cyndee -

I have heard of these before, but now you have me thinking of finding out more about them. As if I didn`t have enough on my plate.

Posted by Dan Tobias - Northridge Real Estate Expert (Rodeo Realty) over 4 years ago

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