Fixed Week: 262 Bedroom Lockoff Unit. Per the resort, all 2 bedroom units have an ocean view.Next use: 2025Maintenance fees/taxes 2024: $2,114.02Per the resort, there was a Special Assessment of $362.53.Ownership is a Deed in Estate for years terminating 12/31/2090.Check-in Day: Saturday*Closing costs and transfer fees are to be paid by the buyer**Buyer to pay maintenance fees for first year of usage*Per the owner:It is ocean facing the beach is beautiful and has recently been enhanced, it is 1st floor and has a street facing lock-out. Rumor has it that this was the original building which Jimmy Buffet owned.The real draw for us is the week 26 usually includes the 4th of July an exciting time to celebrate in Key West. In the next decade this will be the case 7 times.With the heat waves engulfing the southern US Key west is a wonderful escape.It is beyond hurricane season and the only hurricane to impact KW week 26 in the last decade was once in 2021. For anyone purchasing the 2025 fees will be paid so the unit will be available to stay or trade this year.
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
Private Rooms
2
Price
$8400.0
Annual Dues
$2114.00
Total Cost : $19,557.00
Total Savings : $19,557.00
X
HOTEL
The avg.
hotel room is 325 sqft
How many years do you plan to travel?
A study on travel trends published by AARP found that the average 55-72 year olds reported taking 4-5 vacations in 2017. People typically slow their travel after the age of 75. Use the tool below to adjust how many years you plan to travel:
Years of Travel
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Don't forget about inflation!
Inflation is defined as the increase in the price of goods and services over a period of time. According to the International Monetary Fund, the average global economy's annual percentage change from 1980 to 2018 was 4.6%.
Avg. Annual percent change
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VS.
TIMESHARE
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
More information on our formula...
Hotels usually sleep 2 adults per room, whereas the average timeshare units offer multiple private bedrooms, sleeper sofas and sometimes even bunk beds - adding value not calculated here. Timeshare properties are condo style units that contain all of the comforts of home... and then some!
Hotel total cost includes a 10% hotel tax whereas the average U.S. hotel tax is currently around 13.4%.
Timeshare total cost includes an increase in maintenance dues each year of 3%, as well as an estimated $1,000 in closing and transfer costs. These are estimated and will vary by state, county and resort.
Total savings does not take into consideration the added benefit of a timeshare unit having a spacious living room, washer and dryer, dining room and full kitchen, all of which add value and potential savings when you have the option to do your own laundry and enjoy a home cooked meal instead of dining out.