Property Description
Under contract-accepting backup offers. MASSIVE PRICE REDUCTION OVER a QUARTER OF A MILLION DOLLARS below preconstruction pricing!!
Obtaining JW Marriott resort unit 1510 took a top 3 lottery pick, due to this SPECTACULAR 2BR 2 FB home’s ideal position within the exclusive “residential suite” location within the luxurious JWM resort.
Yes, the price is now $250,000 BELOW the PRECONSTRUCTION closing price & In addition the fortunate buyer will pay zero developer fee, because this onetime original inventory $27k cost is already paid!
1510 is in the coveted UPPER TOWER “10” column.
For units directly facing the beach The upper tower has ONLY your suite & one other $2M 3 BR unit / PER FLOOR
All units with this orientation have a great view of the beach below but this “penthouse type” elevation puts your horizon above the sand key park tree line & above the eastern low rises giving you views to the Sand Key beach beyond ours & as far back as Memorial causeway & Mandalay Bay.
Our timing for significant 1031 tax benefits is in a limited IRS time frame. If we miss the June deadline, we will take this off the MLS & not sell this year (Peak spring months can GROSS rentals that approach $40k & JWM managements new split allows you to keep nearly half of that while a private manager give the owner a much higher percentage)
MAKE A MOVE & MAKE THIS YOUR BEACH HOME... only weeks left on the market.
A unique advantage for suite owners whether with JWM management or an outside one… unlike almost any other resort owners get the BENEFIT OF USING the resort beach, pool, hot tub, AND the gym during those times you are NOT staying there & the unit is earning for you. If available a limited number of umbrellas & Beach accessories are a perk of being an owner.
2026 buyers will miss the “growing pains of 2023 & 2024 & will instead enjoy the VAST UPWARD RENT TREND started in 2025!!! As IMPROVED JWM operations became MUCH more reasonable for owners over the past year!
$253,684 is the last 12 months rolling GROSS rent COLLECTED (an ALL TIME HIGH)!! GROSS RENT would have been even higher, but we are amongst the owners who block SIGNIFICANT FRIEND & FAMILY TIMES for enjoyment.
EVEN BETTER Owner's NET income $$ WILL IMPROVE EVEN if Gross rent were only steady, because 2026 owners will benefit from owning during the first full year with the RECENTLY APPROVED JWM Rental contract with the NEW higher split share paid to owners!! There is also the OPTION for a new buyer to instead use a Private manager (some JWM neighbors have already made this choice) This decision to use an outside manger could allow for a massively higher “owner split” & unleash vastly more days of personal vacation use for your family.
This “PALACE” built to a level to meet the “JWM” standard of excellence. The rental performance is moving towards the standard of the architecture & you will see that potential on your arrival.
Whether you use the now improved terms with the “in house JWM management” or the VERY friendly terms of an independent manager or even self-manage the suite you will love this building (NOTE: NO Homestead is allowed). (Listing Realtor is related to seller).
Please be patient showings are rarely available since it is highly occupied.