The Lighthouse Oyster Pond Oceanfront Condo For Sale
The LightHouse at Oyster Pond consists of 18 condos for sale on 6 floors within a marina development and few seconds to the beach. There are 3 oceanfront condos on each floor. This beautiful Oyster Pond condo is located on the 5th floor and offers breathtaking views of the Atlantic ocean and St. Barths. The LightHouse is located on the far end of Oyster Pond and is part of Oyster Bay Beach Resort with its own secured access to the property.
The Lighthouse is probably the best condo development on the east side of St Maarten!
The Oyster Pond condo has three very large bedrooms and three bathrooms. All Lighthouse condos consist of two master suites with bathtubs for two! Each bedroom at The Lighthouse offers ocean or lagoon views! The modern kitchen is fully equipped with stainless steel appliances.
The LightHouse has a private gym on the 7th floor, a rooftop pool and a jacuzzi. The spectacular dome is where residents and guests can enjoy and entertain friends and family! Residents and guests also have access to the Oyster Bay Beach Resorts fitness center, pool and restaurants and entertainment provided by the resort! Both casual and fine dining options are available at the property and the food is absolutely delicious!
The LightHouse Luxury Condos as an Investment
Rental Income- Currently renting long term at $4500.00/month + utilities
Short Term Rental History – $3000.00/week. (minimum, low season)
HomeOwners Association- $1700.00/month
The HOA covers the common areas utility bill, pool and hot tub maintenance, landscaping, outside glass cleaning, security and electronic security gate, elevators, salaries of maintenance personnel, gym.
The owner is only responsible for the interior insurance.
Insurance: Premium $150,000
4-5 million dollars in hurricane insurance.
Deductible 600,000 per apt
They rebuilt all the interiors after irma
Oyster Pond is located on the east coast of the island. The area has caters to luxury homes and condos for many years! Oyster Bay Beach Resort and the Lighthouse are minutes away from the French part of the island. Residents and guests enjoy the best of what both sides of the beautiful island have to offer!
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Capital Gains Tax