My wife and I have been thinking about purchasing a condo/hotel room at the Islander on the Beach as an investment for some time. You can find them in from $220K-$300K depending on the view.
Are there a lot of 'hidden' fees? I know there is about a $700/mth maintenance fee to cover utilities and maintenance but doe's this usually cover the taxes too?
The Islander is very nice and it seems to do well in the rental pool?
Doe's anyone have firsthand experience?