
Description
Popular Port Royal beachfront vacation destination! This condominium is located in Building A which was heavily damaged by Hurricane Harvey in 2017. It has not been rebuilt and there is no access to view the unit. The building is a shell and there are no interior photos. The HOA recently settled a lawsuit against the insurance company and are deciding what to do with the funds. The owners of Building A also have a pending lawsuit against the HOA hoping to have the insurance money allocated towards rebuilding the structure. There is an injunction against the HOA to spend the insurance money until this lawsuit with the owners of building A is resolved. There is no timeline and no resolution has been reached. This is an estate sale and a rare opportunity to purchase a Port Royal condo well below market value. CASH ONLY
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1BEDS
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N/AACRES
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1BATHS
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01/2 BATHS
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660SQFT
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$114$/SQFT
School Information
Description
Popular Port Royal beachfront vacation destination! This condominium is located in Building A which was heavily damaged by Hurricane Harvey in 2017. It has not been rebuilt and there is no access to view the unit. The building is a shell and there are no interior photos. The HOA recently settled a lawsuit against the insurance company and are deciding what to do with the funds. The owners of Building A also have a pending lawsuit against the HOA hoping to have the insurance money allocated towards rebuilding the structure. There is an injunction against the HOA to spend the insurance money until this lawsuit with the owners of building A is resolved. There is no timeline and no resolution has been reached. This is an estate sale and a rare opportunity to purchase a Port Royal condo well below market value. CASH ONLY