Clean, fresh, partially renovated with new paint and flooring. Beautifully furnished, exquisitely decorated, and absolutely ready to move in! The sunroom has a closet and can be an additional bedroom. There are no rental restrictions here. This has been in the vacation rental program and has a rental history with gross income at $80,000, $3,235.69 monthly for 25 months (rental log provided). The Owners and Management Company have kept up on all routine maintenance and it shows! Location is prime on South Island. Island Retreat offers a pool, tennis courts, pickleball, work out facility, and walking distance to restaurants, shopping, and easy on/off the Island.
CondoProperty Type
1985Year Built
$302Est. Price/Sq.Ft.
Listed by Janice Morgan• Signature Properties Group Inc.
Bought with Sharon Foster• N R Foster Properties, Inc.
Centrally located, Island Retreat is convenient to many shops and restaurants. Interior features include a modern kitchen with custom cabinetry, stylish black appliances and granite countertops, tiled kitchen, bathrooms, and sun-porch, abundant closet space, and crown molding throughout. Community amenities include a swimming pool, clubhouse, fitness center, tennis court, lushly landscaped grounds and gated entrance. Second floor end unit in back of complex.
GIAR #1572983
Mar 20, 2015
Sold
$159,000
$133/sq ft
Jan 1, 2015
Listed
$159,000
$133/sq ft
Centrally located, Island Retreat is convenient to many shops and restaurants. Interior features include a modern kitchen with custom cabinetry, stylish black appliances and granite countertops, newly tiled kitchen, bathrooms, and sun-porch, abundant closet space, and crown molding throughout. Community amenities include a swimming pool, clubhouse, fitness center, tennis court, lushly landscaped grounds and gated entrance. 2514-8 is a two bedroom unit located on the second level. Additional units on top and bottom floor available for sale. $5,000 buyer allowance!
Year
Property tax
Land + Additions
Assessment*
2025
$3,322
$138,000
2024
$3,322 (+7.3%)
$138,000
2023
$3,096 (+34.2%)
$126,000
2022
$2,307 (+17.4%)
$92,000
2021
$1,965 (+5.7%)
$76,000
2020
$1,859 (+7.9%)
$71,200
2019
$1,723
$66,000
2018
$1,723 (+9.1%)
$66,000
2017
$1,579 (+8.8%)
$60,480
2016
$1,451 (+48.2%)
$60,480
2014
$979
$40,624
Tax history for 2509 Demere Rd #6
Year
Property tax
Land + Additions
Assessment*
2025
$3,322
$138,000
2024
$3,322 (+7.3%)
$138,000
2023
$3,096 (+34.2%)
$126,000
2022
$2,307 (+17.4%)
$92,000
2021
$1,965 (+5.7%)
$76,000
2020
$1,859 (+7.9%)
$71,200
2019
$1,723
$66,000
2018
$1,723 (+9.1%)
$66,000
2017
$1,579 (+8.8%)
$60,480
2016
$1,451 (+48.2%)
$60,480
2014
$979
$40,624
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.