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South Florida Investors, Issue 05-29-07
May 29, 2007
South Florida Real Estate Investors

Below is the list of newly listed Wholesale Properties. They are also visible at www.southfloridawholesaleproperties.com

Call me with any questions - Frank 954-822-0796

West Palm, Miami Dade and Broward Wholesale Properties / 05-29-07

48 UNITS AT $41K A DOOR

2491 N.W. 135 street
Miami, Fl. 33167

48 UNITS AT $41K A DOOR
This is a 48 unit apartment building.
33 - 2/1's, 12- 1/1's, and 3-efficiencies. About 54,000 sq.ft. Asking $41K a door which is $1,968,000.
The propertY is currently boarded up and does need work. Needs a few new windows, carpet, a/c units, most kitchens need to be replaced or repaired, some of the copper piping has been stolen behind the vanities in bathrooms, and needs some dry-wall work here-and-there. I think about $500k in re-hab.
Buyer to do his own due diligence. Needs to close in 45 days. Will require $150,000 deposit.
Cash or hard-money.. SERIOUS BUYERS ONLY.


4 plex 2 2/1 & 2 1/1

1050 AVENUE E.
RIVIERA BEACH, FL. 33404

OFFERED AT $213,000 Firm

This property is CBS, has wall a/c units, missing a few shingles, 2 of the units have recently been up-dated, the other 2 need work.
Needs: new kitchens, bathrooms, flooring, about $15k in re-hab.
Occupied.
Drive-by only.
CASH or HARD MONEY.
Section 8 said will pay $1,100 per 2/1.


Little River Wholesale Properties - 33150
7950 NW 10 AVE

Wholesale Properties Price: $71k

Retail: $ 130K

Description: 2/1 //686 sq. ft. 2700 sq.ft. lot// needs full rehab 30K.


Miami Gardens Wholesale Properties - 33169
1410 NW 199 ST

Wholesale Properties Price: $200k

Comps.: $260k

Description: CBS//3/2 / 1,200 sq. ft. 8,550 sq. ft. needs @ 25K in updates


Miami Wholesale Properties - 33054
2560 NW 154 ST.

Wholesale Properties Price: $170K

Comps: $230K

Description:4/1 //1306 sq.ft. lot 6,500//about $30K in rehab


Opa Locka Wholesale Properties - 33143
5900 SW 62 TER.

Wholesale Properties Price: $ 201K

Comps: $350K

Description: CBS 2/2 (it’s 4/2)//can be used as legal duplex// 1,206 Sq.Ft, lot 7,2045 Sf.Ft// full rehab


South Miami Wholesale Properties - 33168
5911 SW 62 TER

Wholesale Properties Price: $326K

Comps: $375K

Description: CBS 3/2 //1,485 sq.ft. 6,420 sq. ft.// no rehab needed


Miami Wholesale Properties - 33142
2962 NW 32 ST.

Wholesale Properties Price: $340K

Description: 5 units/ 2-2/1 & 3-1/1// 2,904 sq. ft. living area, parking for all units//rent potential $4450K/month//needs about 20K in updates.


Miami Wholesale Properties - 33129
841 SW 11ST

Wholesale Properties Price: $350K

Description: Duplex 2/1 & 1/1 // 1,693 sq.ft. lot 5,244 sq.ft.// 2 water meters, 2 elec. Meters// decent condition//one side had central air, the other window unit// comps @ $450K//potential rent about $2,800

 

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Want to buy South Florida Investment Properties? NEED Hard Money? Call 954-449-1431  
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Palm Beach, Miami Dade and Broward Wholesale Properties list / 05-24-07

1009 S 15th St.
Fort Pierce, FL 34950

3/1 Frame Construction
1100 Sq. Ft.

Wholesale Properties Price : $82,000
Rehab Estimate : $15,000
After Rehab Value : $150,000

Equity Spread : $45,000

3/1 Frame larger than tax records with two porches and a storage shed. This house has lots of curb appeal and is well landscaped. 70% rehabbed with new roof and some new windows.


2007 S 10th St.
Fort Pierce, FL 34950

3/2 Frame Construction
1344 Sq. Ft.

Wholesale Properties Price : $95,000
Rehab Estimate : $10,000
After Rehab Value : $140,000

Equity Spread : $35,000

3/2 Frame SFR in Sunrise Estates. Owner is a cat lover!!!. Exterior in good shape. Interior in need of carpet and tile, kitchen update plus appliances, and bathroom touch ups.

DRIVE BY ONLY!!!!!


1357 SW Gastador Ave.
Port Saint Lucie, FL 34953

4/2/1 Frame Construction
1429 Sq. Ft.

Wholesale Properties Price : $123,000
Rehab Estimate : $20,000
After Rehab Value : $191,000

Equity Spread : $48,000

4/2/1 Frame in Port Saint Lucie with air conditioned 15x30 outbuilding. This Port Saint Lucie Wholesale Property needs carpet and flooring, kitchen and bath updates, paint inside and out, dry wall patch, landscaping and roof work.

Tenant occupied. DO NOT DISTURB. DRIVE BY


17299 Sapp Pl.
Jupiter, FL 33458

4/2 Block Construction
1704 SQ FT

Wholesale Properties Price : $165,000
Rehab Estimate : $15,000
After Rehab Value : $230,000

Equity Spread : $50,000

Nice 4/2 CBS in Jupiter. Property needs carpet and flooring, kitchen and bath updates, paint inside and out and landscaping.

Tenant occupied. DO NOT DISTURB. DRIVE BY!!!


1640 39th St.
West Palm Beach, FL 33407

3/2 Block Construction
2554 Sq. Ft.

Wholesale Properties Price : $455,000
Rehab Estimate : $20,000
After Rehab Value : $600,000

Equity Spread $125,000

A beautiful house on the North shore of Lake Mangonia East of 95. THIS PALM BEACH WHOLESALE PROPERTY IS IN MOVE IN, SPOTLESS CONDITION. Only rehab would be upgrades to the floors and cabinets at the owners discretion. Has new barrel tile roof and a new seawall. MUST SEE!


634 55th Street,
West Palm Beach 33407

*SINGLE FAMILY*
2/1 Spanish style Frame House with Stucco
960 Sq. Feet

Wholesale Properties Price : $110,000
Rehab Estimate : $5,000
After Rehab Value : $170,000

Equity Spread : $50,000

This West Palm Beach Wholesale Property needs very little work. Just a little updating and painting. Located West of Broadway off 55th


3618 Spruce Ave.
West Palm Beach. 33407

*MULTI FAMILY*

Located in historic Northwood

6/4 Multi family 3396 sq. ft.
Frame/Stucco Construction

Wholesale Properties Price : $365,000
Rehab Estimate : $150,000
After rehab Value : $750,000

EQUITY SPREAD : $230,000

Spanish style 4/2 main house with detached two story "in law" unit or possible two 1/1 units. Property gutted and needs complete rehab. We have a structural report and bids of contractors for complete rehab.

Located East of Broadway in very nice area.


4959 SW 5th Ct.
Margate, Florida 33068

4/2 Block Construction w/ a pool
1684 Sq. Ft.

Wholesale Properties Price : $230,000
Rehab Estimate : $15,000
After Rehab Value : $315,000

Equity Spread : $65,000

Property needs a new roof and some cosmetic repairs throughout. One of very few properties with a pool in the neighborhood.


365 NW 35th St.
Boca Raton, FL 33431

4/2 Block Construction with POOL
2159 SQ FT

Wholesale Properties Price : $330,000
Rehab Estimate : $15,000
After Rehab Value : $465,000

Equity Spread : $120,000

Very clean family oriented neighborhood just East of FAU. Sits on large lot with pool, jacuzzi and large deck surrounding. Inside updated with wood floors, tile, remodeled kitchen and baths.

Drive by only!


1416 NW 9th Ave.
Fort Lauderdale, FL 33311

3/2 Block Construction
965 Sq. Ft.

Wholesale Properties Price : $265,000
Rehab Estimate : $3,000
After Rehab Value : $325,000

Equity Spread : $57,000

Bank Foreclosure in Progresso. Very Clean 3/1 with laundry room which could easily be converted into a second bath. Ceramic tile flooring and a clean kitchen. Has barrel tile roof which could be cleaned and painted to make house look like new!

Conventional Loans OK for THIS property!


4115 SW 13th Terr
Coral Gables, FL

2/1 Block Construction
1367 Sq. Ft.

Wholesale Properties Price : $305,000
Rehab Estimate : $2,500
After Rehab Value : $400,000

Equity Spread : $92,500

Fully rehabbed property in up and coming area of Coral Gables. Move in condition. Will close in mid July. This one wont last. Lock it up ASAP!


1847 NW 70th St.
Miami, FL 33147

3/1 Frame Construction
1392 Sq. Ft.

Wholesale Properties Price : $105,000
Rehab Estimate : $30,000
After Rehab Value : $185,000+

Equity Spread : $40,000

Large 3/1 Frame wholesale property in Liberty City. One of the larger homes in the immediate are. Property in need of complete rehab. Kitchen and Baths, carpet and tile, drywall work and roofing,



19530 NE 26th Ave.
Miami Wholesale Properties

FL 33180

3/2 Block Construction
2000 Sq. Ft.

Wholesale Properties Price : $455,000
Rehab Estimate : $20,000
After Rehab Value : $650,000

Equity Spread : $175,000

3/2 CBS Home in Aventura on Enchanted Lake with ocean access. Cheapest deal around. Needs basic updating and renovations to taste.


38 NE 50th St.
Miami Wholesale Properties

FL 33137

4/3 Block Construction
2100 Sq. Ft.

Wholesale Properties Price : $210,000
Rehab Estimate : $60,000
After Rehab Value : $390,000

Equity Spread : $120,000

4/3 CBS shell. Property much larger than tax rolls. Needs flooring, plumbing, electrical, paint, kitchen and baths.


330 se 10 st
Pompano Beach wholesale properties
FL. 33060

waterfront property located in cypress harbor 3/2 needs new carpet in bedrooms and updating in kitchen 15 to 20k in re-hab master bedroom opens up to jacuzzi area property as newer roof with ocean access and boat dock

Drive by only

Wholesale Properties Price : 454k
comps support 600k


Miami and Broward Wholesale Properties / 05-26-07

Miami Wholesale Properties Information
6950 NW 8 AVE
MIAMI FL 33150

Property Specifications:
ARV (after rehab value) $575,000

Miami Investor’s Price $290,000

Rehab Estimate $8,000

Type of Transaction : Contract Assignment

Description:
Beds/Baths: 8/8
Floors: 2
Living Units: 8
Adj Sq Footage: 3,494
Lot Size: 6,316 SQ FT
Year Built: 1956

Separate electric, and water, CBS construction 6 rented for 450 per month 2 vacant needs only cosmetics should rent for 600 per unit x8 =$4,800 per month. Sec 8 ready. DEFINITE INCOME PRODUCER!


172 NW 12th St
MIAMI FL

Miami Wholesale Property Specifications

ARV (after rehab value) $470,000

Miami Investor’s Cost $344,000

Rehab Estimate $0

Type of Transaction: Contract Assignment

Description:
Beds/Baths: 6/6
Floors: 2
Living Units: 6
Adj Sq Footage: 2,225
Lot Size: 4,750 SQ FT
Year Built: 1958

Downtown/Over town (development opportunity) CBS, great condition, in area of development, downtown Miami,
6, 1/1's / rents 5,100 mo/ Great development opportunity!! Sec 8 ready


* Miami Vacant lot *

584 NW 91 St.
Miami (El Portel)

Miami Wholesale Properties Specifications:
Market Value $475,000
Miami Investor’s Cost $255,000
Rehab Estimate $0

Type of Transaction: Contract Assignment

Description:
Beds/Baths: 0
Floors: 0
Living Units: 0
Adj Sq Footage: 0
Lot Size: 30,900 SQ FT
Year Built: N/A
31000sq ft vacant lot city water county septic can build 10 to 16 units Great.....deal!


18 NE 88th ST.
Miami, FL 33138

Miami Wholesale Property Specifications:
ARV (after rehab value) $350,000
Miami Investor’s Cost $244,000
Rehab Estimate $5,000

Type of Transaction: Contract Assignment Assignment

Description:
Beds/Baths: 3/3
Floors: 1
Living Units: 2
Adj Sq Footage: 1731
Lot Size: 6750 SQ FT
Year Built: 1951
Great condition, CBS, Great City ,an area & Comps Great.....deal!


5712 NW 3rd Ave.
Miami, FL 33127

Miami Wholesale Properties Specifications:
ARV (after rehab value) $200,000
Miami Investor’s Cost $144,000
Rehab Estimate $0

Type of Transaction: Assignment

Description:
Beds/Baths: 3/1
Floors: 1
Living Units: 2
Adj Sq Footage: 1111
Lot Size: 6250 SQ FT
Year Built: 1939
Excellent house, needs "0" DRIVE BY ONLY Great.....deal!


Broward Wholesale Properties

Ft Lauderdale
801 NW 4 Ave
Ft Lauderdale, FL 33311
Subdivision: Progresso

Bed/Bath: 2/1
Approx. Living area: 900
Year Built: 1954

Other Features:
Central A/C, Corner Lot

After Repaired Value: $260,000
Wholesale properties price : $180,000

Investor's Paradise in Progresso. Renovated home great for rental. Central A/C, Newer Windows, Roof, Kitchen, Tile Floors. 2/1's in area are asking in the $300k's. Great for 1st time home buyer or will make a lucrative rental for future appreciation. New construction projects to start soon. Get in on the ground floor.

 

Ft Lauderdale Wholesale Properties

3410 Berkeley Blvd.
Ft Lauderdale, FL 33312
Subdivision: Melrose Park
County: Broward County


Bed/Bath: 2/1
Approx. Living area: 1200
Year Built: 1955

Other Features:
Carport, Big lot, Tiled floors

After Repaired Value: $235,000
Wholesale properties price : $182,500

Potential in this popular Melrose Park home. Has great curb appeal. Light handyman needs cosmetics and updating. Estimated cost of repairs is approximately $8-12k.

 

Pompano Beach Wholesale Properties

1197 SW 4 Ter
Pompano Beach, FL 33060

Subdivision: Lyons Park
County: Broward County

Bed/Bath: 3/2
Approx. Living area: 1633
Year Built: 1959

Other Features:
In-Ground Pool, Central A/C

After Repaired Value: $360,000
Wholesale properties price : $272,500

Good size home with a pool has great potential. Great neighborhood. Needs updating and cosmetics estimated $15k. Hurry, see it before renovations begin and prices go up.
 

Sunrise Wholesale Properties

2808 NW 73 Ave
Sunrise, FL 33313
Subdivision: Gold Key Villas
County: Broward County

Bed/Bath: 2/1
Approx. Living area: 1100
Year Built: 1974

Other Features:
Waterfront, Dock, Family Room, Trellas-covered patio, Paver driveway & front porch, Garage

After Repaired Value: $230,000
Wholesale properties price : $170,000

UNDER CONTRACT. Fantastic Opportunity to buy this Waterfront Home at a Wholesale Price. $65,000 below market. Great curb appeal with artistic landscaping and a beautiful covered patio. Code Violations exist on the property and are the responsibility of the Buyer. Needs basic updating estimated $12-15K.
 

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