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Condo Hotel Center: Property
Alert
March
18, 2004
Luxurious
Condo Hotel in Islamorada Just Put on Market
CHEECA LODGE & SPA
 Joel
Greene here from Condo
Hotel Center.
I’ve got a real scoop for you today. It’s a
luxurious hotel with an extremely successful history
that is being completely renovated and then converted
into a condo hotel. The condo hotel units just
came on the market yesterday this week.
I
personally am pretty excited about it because not
only is it a beautiful property in a spectacular Florida
location, but it represents an exciting investment
opportunity to get in at pre-construction prices.
The
general public is not yet aware of this condo-hotel
property, as no advertising or promotions have yet
been done. In fact, when I spoke to the developer
today, he told me he didn’t even have any printed
brochures yet. He was expecting the photographer
to come shoot brochure photos this afternoon.
Let me give you the details.
Cheeca
Lodge & Spa, Islamorada Condo Hotel
When
you think of the cities in Florida
that best represent the image of wealth and class,
what comes to mind is Naples,
Boca Raton,
Palm Beach,
Key West
and Islamorada.
Now,
due to a change in ownership, there is a very rare
opportunity to purchase a luxurious condo hotel unit
in Islamorada in the most well known property in the
entire Florida Keys, just 75
miles south of Miami.
Best of all, these units are now available for a limited
time at pre-construction prices.
An Impressive History
For
over 50 years, the Cheeca Lodge & Spa in Islamorada
has been recognized as one of the finest hotels in
the Florida Keys, and Islamorada
is known as the "Sport Fishing Capital of the World." Cheeca
Lodge is a member of Small Luxury Hotels of the World
and is part of the RockResorts portfolio of fine hotels.
It is also the home of the annual George Bush-Cheeca
Lodge Bonefish Tournament.
Major Renovations Convert Guest Rooms
to Condo Hotel Units
The
new owners are putting over $20 million into renovating
the main lodge and converting 92 beautifully-appointed
guest rooms and suites into condo-hotel units, deluxe
beachfront bungalows with private balconies, and garden
units that owners can have rented for them to hotel
guests.
Pricing at Cheeca Lodge
Junior
Suites, one-, two- and three-bedroom units of 400,
700, 1,100 and 1,100 sq. ft. respectively, are priced
from $365,000 to $1,200,000. And they are already
selling quickly. Eight units were sold on the
very first day!
Amenities
include:
- 27
Acres of lushly-landscaped gardens
- 1,100
ft. Private white-sand beach lined with mature palm
trees
- 2
Heated swimming pools and a wading pool
- 6
Lighted tennis courts
- Jack
Nicklaus designed par-3, 9-hole golf course
- Concierge,
Avanyu Spa & Fitness Studio
- Water
sports including parasailing, windsurfing, snorkeling,
kayaking and sailing, backcountry and deep-sea charter
fishing trips
- Meeting
facilities
- Camp
Cheeca
for kids
- Award-winning
Atlantic’s Edge restaurant
and Curt Gowdy Lounge
Condo
Hotel Investment Potential
As
a second home, especially if you love water sports,
The Cheeca Lodge is an exceptional property in an
amazing location. For the investment-minded
buyer, The Cheeca Lodge offers a proven history of
operating as a successful hotel.
With
a moratorium on building new properties in the Keys,
this is a protected investment that will continue
to thrive in a market where room demand clearly outweighs
supply.
If
you are interested in possibly purchasing a vacation
home at this condo hotel, please be sure to request
our Cheeca
Lodge Data Sheet for more information.
Joel
Greene, Broker-Associate
Condo Hotel Center
A division of Sheldon Greene & Assoc., Inc.
13499 Biscayne Blvd. Ste. 210
N. Miami, FL 33181
PH: 305-944-3090
FX: 305-948-0460
Info@CondoHotelCenter.com
www.CondoHotelCenter.com
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