Bahama Bay is a beautiful community, but its monthly fees are too high (my personal opinion). There are better choices that will not charge as much. There is a reason why there are so many units for sale in Bahama Bay and at lowest prices. There are almost no other communities that have similar properties for sale for this low price.
Additionally, if you were planning on using the on-site management company, you will have to pay a large percentage towards management and booking fees. Naturally, you will always going to have those fees, but there are better alternatives. My company, JC Penny Realty, does a lot of business in the area. Mostly vacation rentals, yet Bahama Bay is one of the communities we sell very rarely.
I would gladly show you monthly outgoing fees and how much you'd need to generate to break even. Also send you other properties in the area, which I personally would recommend to consider. Feel free to contact me. My details are below.
Margus Mahar, Realtor®
Specializing in Luxury and Investment Properties
- Certified 203K Renovation Specialist
- Advanced Construction Expert (ACE)
- Dream Team Professional TM
J.C. Penny Realty, LLC.
8701 W Irlo Bronson Memorial Hwy, Suite 200
Kissimmee, FL 34747