Condominium hotels are the hottest segment in vacation home ownership. Buyers own an affordable luxury condominium, fee-simple, at a first-class resort and have the opportunity to participate in a professionally-managed on-site rental program when they are not enjoying it themselves.

Yes, each villa will be professionally decorated and completely furnished. Designed to sleep four, it will include a separate master bedroom with a king-size bed* and a gourmet kitchenette. You will have a choice of two color palettes.

The proposed amenities will include a heated swimming pool, whirlpool spa, childrenâs pool, poolside cabana with indoor and outdoor seating, meeting/conference room, wireless Internet, fitness center, guest laundry facilities, covered parking, lush tropical landscaping, and beach access via a dedicated pedestrian crosswalk. The guest services are planned to include daily housekeeping; continental breakfast served poolside in the cabana area; concierge and meeting services and an adjacent upscale market with outdoor seating.

As an owner of a villa you will be a member of the Condominium Association and will have the rights and obligations as detailed in the Condominium Documents. You will receive a copy of these documents and the proposed operating budget prior to purchasing a villa.

Ownership is 100% hassle-free as all management and maintenance issues are handled by a professional, in-house management company. A well-respected hotel management company will provide on-site resort management 24 hours a day, 7 days a week.

There will be an optional on-site rental program. Information on this elective program will be available to you by the hotel/rental management company prior to you signing your contract to purchase at Shutters Beach Club.

You should consider Shutters Beach Club as an affordable beachside vacation villa opportunity. As a traditional real estate purchase, consider your personal use of the property and ownership of an upscale resort property. Unlike a traditional vacation home, you will have the option of participating in the resort hotelâs rental program and receiving revenue from your vacation villa. Due to SEC regulations governing the sale of condominium hotels, we are not permitted to provide any information with regard to rental income potential, rates and occcupancy; please see #6.

Currently an ordinance in the City of St. Augustine Beach limits your personal usage to up to 90 days per calendar year. The resort amenities are available to you only when you are occupying your villa or if you are a guest of your tenant.

Your taxes will be assessed as fee-simple ownership in a condominium property.

You will be responsible for insurance that is not provided by the Association. This may include personal liability and insurance on the real and personal property located within your villa. Insurance will be specifically addressed in the condominium documents you will receive prior to making a purchase.

An individual or corporate entity or partnership may purchase up to two villas.

At your request, you will be notified approximately 3-4 weeks prior to the commencement date for executing Purchase Agreements. At that time, if you wish to confirm an appointment to execute a Purchase Agreement, you will return a signed Reservation Agreement for a contract appointment along with a refundable escrow deposit in the amount of $5,000. Contract appointments will be assigned on a first-come, first-served basis. Prior to your contract appointment, you will receive a copy of the Condominium Documents and the Purchase Agreement. When you come to your appointment and you proceed to contract, you will increase your deposit to equal 10% of the total purchase price. Prior to the start of construction on the buildings, an additional deposit in the amount of 10% of the purchase price will be required. The total deposit at this time would then be 20% of the total purchase price. The balance of the purchase price will be due at completion of your beach villa.

Reservation Agreements for contract appointments are not assignable.

Contracts for Purchase are not assignable except under special circumstances and at the sole discretion of the developer. Additional deposits may be required.

We can recommend several local lenders who are pleased to offer financing on your real estate purchase. This will be subject to the guidelines and requirements established by each lending institution.

As with any real estate property you own, you may certainly do so. Please refer to the condominium documents.