Condo Ownership
The Pointe Hotel & Suites is a full ownership condominium hotel (condo-
tel) consisting of 69 waterfront, privately owned Studio, One and Two
Bedroom condominiums. The Pointe Hotel & Suites is not a timeshare or
fractional ownership property. Each one of the rooms is privately held by a
family, fee simple, receiving a deed and title like sole ownership of a private
residence, second home, vacation home or cottage.
When the unit owner is not using their condominium the unit owner can
choose to enter the unit into a managed hotel rental program offering the
unit's availability to transient overnight stays, extended stay vacations
or the corporate/business traveler, providing premier lodging to these
guests. The hotel rental program returns all lodging revenue that particular
owned unit has incurred from overnight stays which assists in offsetting
ownership costs.