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This Private Residence Club in Rosemary Beach unit is a fractional ownership opportunity that provides all of the benefits of owning a luxury vacation home in Rosemary Beach without the costs, responsibilities and hassles of a wholly owned second home. Fractional ownership in a PRC unit combines the advantages of resort real estate ownership with many of the services of a luxury hotel. The result is private, luxury resort living at a fraction of the cost. The PRC is professionally managed and maintained, eliminating the hassle of maintenance, utilities, insurance, and more for the owners. Shared ownership also allows the buyer to avoid bearing the full price of a second home. As an owner of this PRC unit, you own a deeded 1/6 undivided interest as tenants-in-common in one of the 16 PRC residences. All owners have equal rights of usage of all 16 residences. Ownership is evidenced by a real estate deed, recorded in the Walton County Public Records and insured by a title insurance policy.
Extra Information for 136 GEORGETOWN AVE # 1F-6 Panama City, FL 32461
- Seller Type: By Owner
- Category: Open Houses
- Conditions: Resale
- Amenities: Parking,Pool
- Listed Date: Jul 01, 2024