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South Florida Investors, Issue 06-01-07
June 01, 2007
South Florida Real Estate Investors

Palm Beach, Miami and Broward Wholesale Properties / 06-01-2007

18895 SW 220 St
Miami 33140

The closest comp (distance) is at $900,000, Zillow zestimate 607K, with no realistic comp.
Comp search criteria is within 6 months and 1 mile due to limited activity in the area

We are selling this Wholesale Property for $450,000

Property is occupied please do not disturb tenants on this or any of our properties


GREAT LOCATION!
NORTH MIAMI WHOLESALE PROPERTY!
DRIVE-BY & THEN CALL OFFICE FOR APPOINTMENT!!!
PLEASE DO NOT KNOCK ON DOOR.

MIAMI WHOLESALE PROPERTY INFORMATION

PROPERTY ADDRESS: 925 NW 124 Street, North Miami 33168

DRIVE-BY ONLY AND THEN PLEASE CALL FOR APPOINTMENT

Property is a 3 bedroom, 2 bathroom home (split floor plan) in the North Shore Heights subdivision of North Miami. Some pictures are attached but repair suggestions include: flooring; upgrade electric to breakers; update bathrooms; update kitchen; new roof; some cosmetic repairs; painting interior and exterior; cleaning up the yard and landscaping; and a good interior cleaning.

Property Details:
Bedrooms: 3
Bathrooms: 2
Square Feet: 1,500 adj. living area
Legal Description: Lot 24 Blk 6, NORTH SHORE HEIGHTS, 40-62
County: Miami-Dade
Parcel ID Number: 06-2126-014-1020

Comparable Value Summary:
This property has an estimated value of $250,000.00+/-

Pricing Information
This Miami Wholesale property is offered at $177,000.00 or best offer.

It must close prior to June 11, 2007.

TERMS: CASH or HARD MONEY FUNDING ONLY. BANK FINANCING MAY BE ACCEPTED FROM QUALIFIED BUYERS. If you need HARD MONEY we will provide you with information on how to obtain. If you need and believe you qualify for bank financing, we also have options that you may want to explore in that regards as well.


4705 NW 4 Ave.
Pompano Beach Wholesale Properties

**WOODSETTER NORTH**
2/1.5 BLOCK Villa w. 924 sqft!!!
This Pompano Beach Wholesale Property was built in 1984 & has a NEW ROOF!!!
Needs drywall patching, kitchen/bath & floors!!!

Wholesale Price : $164,900.00

RETAIL: $220K


NEW LIBERTY CITY Subdivision
VACANT PROPERTY
READY FOR IMMEDIATE CLOSING!

Don't Walk Away From This Wholesale Property Deal!
Hard Money Almost Covers The Entire Cost of This House

LIBERTY CITY WHOLESALE PROPERTY INFORMATION

PROPERTY ADDRESS:
1546 NW 68 Street, Miami, 33147

This Wholesale Property is a 3 bedroom, 1 bathroom home in the New Liberty City subdivision of Miami. Repair suggestions include: roof; side door leading into garage; one bedroom wall was removed to make the 2nd bedroom bigger, but this wall could easily be replaced to turn this house back into the 3/1 that it really is; some other minor/cosmetic repairs.

Property Details:
Bedrooms: 3
Bathrooms: 1
Construction: CBS
Square Feet: 1,499 living area
Legal Description: Lot 26 Blk 1, NEW LIBERTY CITY, 39-28
County: Miami-Dade
Parcel ID Number: 01-3114-018-0210

Comparable Value Summary:
This South Florida Wholesale property has an estimated value of $215,000.00+/-

Pricing Information:
This  Miami Wholesale property is offered at $150,000.00 or best offer.

HARD MONEY AVAILABLE: $140,000!

Call Us Today! 954-822-0796

It must close prior to June 8, 2007.

TERMS: CASH or HARD MONEY FUNDING ONLY. BANK FINANCING MAY BE ACCEPTED FROM QUALIFIED BUYERS. If you need HARD MONEY we will provide you with information on how to obtain. If you need and believe you qualify for bank financing, we also have options that you may want to explore in that regards as well.


2919 NW 92nd Street,
Miami, Florida
2 Miami Wholesale Properties FOR SALE

Won’t Last!
Two (2) - 2br/1ba houses on large lot
Both homes are in very good to excellent condition
Property needs less than $5K in repairs – just TLC
7000 square ft. fenced lot
Zoned multi-family & duplex
Huge paved concrete driveway parking area
Gross Income from Section 8 rental on both houses $2138 per month

PROPERTY IS ALREADY IN A LAND TRUST AND READY FOR SERIOUS BUYERS/INVESTORS
CASH FLOW $240.82/MONTH IF FINANCED 100%!!

Drive By at Your Convenience
Then Call for Appointment to View

This property will not last long.
Please call immediately, if interested.

Wholesale Price: $230K
ARV $310-320K

Don’t Delay. Call Today!


Here's the Handyman Special You've Been Waiting For!
This Hollywood Wholesale Property is Located Right By The Hard Rock Casino!!!

6420 Custer Street
Hollywood, FL 33024

Check This Out: The property has a new roof, recently replaced A/C compressor, new kitchen with granite countertops and tile throughout.

3 Bedrooms/2 Bathrooms
Living Sq. Ft.: 1,322
Lot Sq. Ft.: 6,149
Year Built: 1970

Repairs: Renovate bathrooms, fix or replace windows, interior paint, landscaping.

Wholesale Properties Price : $225,000
Retail Value: $300,000 +/-

There is $75,000 in equity built into this Hollywood Wholesale Property, investment opportunity.

Hold Onto Your Cash: We are accepting conventional bank financing on this opportunity.
$5,000 deposit required.

Call us to setup an appointment.

6420 Custer Street Comps

5781 SW 14 St.
Plantation, FL 33317

Wholesale Properties Price: $399,900

Estimated Investor Profit - $37,264 to $67,504

Property Details:
County: Broward
Adj. Sq Ft: 1,875 total
Sub-Division: Plantation Isles
Folio #: 50-41-14-01-0380
Type: Single Family
Built: 1960

Value:
● Retail Value: $540,000+
Wholesale Price: $399,900

Description of this Broward Wholesale Property:
4/2 CBS property in Plantation Isles West of the Turnpike off of Peters Rd and 2 miles East of University. The house sits on a canal with OCEAN ACCESS. Canal recently dredged. Boat dock. Terrazzo floors, central AC. There is an enclosed patio, 2-car garage, tiled roof in a very desirable neighborhood. Area has it all, and is surrounded by parks and in a great school system. All appliances are included. Buyer pays seller closing costs.

Repairs for this Plantation Wholesale Property include:
The kitchen and bathrooms will need updating. Some drywall repair required. Roof was repaired but there is still come ceiling dry wall that needs to be fixed. Replace windows. Install garage door. Update light fixtures, paint inside and out. Dry rot in fascia board needs replacing. Some landscaping needed.

Terms Considered for this Broward Wholesale Property are:
● Close by 29 June 2007
● Cash or hard money offers only. Absolutely no conventional financing will be accepted.
● If you require a hard money loan, we will provide you with information on how to obtain one.

Comparables:
CLOSED:
6140 SW 15 St
4/3, 2,119 sq ft
Sold 3/06/2007
$530,000

FSBO's (next door):
5741 SW 14 St.
3/2, 1,728 sq ft.
$599,000

5761 SW 14 St.
3/2, 1,269 sq ft.
$550,000

ACTIVES:
6061 SW 15 St
4/2, 1,713 sq ft.
$675,000

5991 SW 14 St
4/2, 1,804 sq ft.
$599,000

1420 SW 55 Ave
4/2, 1,788 sq ft.
$530,000

5780 SW 13 St
4/2, 1,485 sq ft.
$495,000

This Wholesale Property in Broward County, Plantation has great estimated profit potential:
NO financing.
● $67,504 - Est. profit
● $472,496 - Total investment
● $5,400 - Seller closing costs
● $16,200 - 3% Realtor comm.
● $540,000 - Sug. Retail Price
● $35,000 - Repairs
● $11,997 - Buyers closing costs
● $3,999 - Sellers closing costs
● $399,900 - Purchase price

With Hard Money at 14%/3 pts.
● $37,264 - Est. profit
● $502,736 - Total investment
● $5,400 - Seller closing costs
● $16,200 - 3% Realtor comm.
● $540,000 - Sug. Retail Price
● $26,460 - 6 months holding
● $35,000 - Repairs
● $11,997 - Buyers closing costs
● $3,999 - Sellers closing costs
● $3,780 - 3 pts to lender
● $378,000 - 70% ARV financed
● $399,900 - Purchase price


SOUTH FLORIDA FORECLOSURE PROPERTIES

Asking 80% of retail value, or best offer – subject to lender approval for a short payoff on existing loans. Conventional finance okay.

Please drive by only. Call to arrange inspections.

Hollywood Foreclosure Property:
$205K ARV $250
3631 SW 40th St, Hollywood 3/2

West Palm Beach Foreclosure Property:
$404k. ARV $500
4660 120th Ave N, W. Palm Beach 3/2 + den and pool on 1&1/4 acres. Beautiful property.

Pt Saint Lucie Foreclosure Property:
$205K ARV $250k
3361 SW Foremost Dr, Pt Saint Lucie 34953.
4 years new, good sized yard. Great condition. Easy access to I95.

Plantation Foreclosure Property:
325K ARV 400K
10670 NW 12TH CT, Plantation, FL 3bed 2&1/2 bath large lot
Clearwater Cay Club Resort
500K ARV 635K


Knockdown or Rehab, Only 80k!

17821 SW 103 Ave
Miami, FL. 33157

Beds/Baths: 1/1
Adj. Sq Footage: 1,371 sq. ft.
Lot Size: 3,506 sq. ft.
Year Built: 1944

ARV (After Repaired Value): $210K
New Construction: 240k
Asking: $75K

MUST CLOSE BY June 29th, 2007. CASH OR HARD MONEY ONLY required on this Miami Wholesale Property.

 

Want to place an offer on a Property before it's gone? Call 954-822-0796

 

NEED Hard Money? Call 954-449-1431  
Visit the South Florida Real Estate BLOG - Chat about Real Estate, post comments, Get tips, and more.

Palm Beach, Miami Dade and Broward Wholesale Properties / 05-30-07

6202 Deleon
Ft. Pierce, FL 34951

Lovely Home on Large Lot
1350 (approx) square feet under air
Great Neighborhood, Conveniently located

Needs minor repairs
Repair Estimate $8000

OUR WHOLESALE PRICE: $109,000
LIST PRICE: $155,000
COMPS IN AREA:
7502 Sebastian Road
1340 square feet - sold $173,000

5511 Deleon Ave
1272 square feet - sold $180,000


5411 Wintergarden Parkway
Ft. Pierce, FL 34951

Lovely 2-story home on Large Lot
1350 square feet (approx) under air
Great Neighborhood, Conveniently located

Needs minor repairs
Repair Estimate $4000

OUR WHOLESALE PRICE: $124,900
LIST PRICE: $165,000

COMPS IN AREA:
7801 Westmont (active MLS)
1348 Square feet w/pool - $169,900

8102 Santa Clara
3/2, no pool, sold at $156,500


3840 Kent Court
Coconut Grove 33133

Comps up to $2,000,000
No cash out
Looking for someone who will close and pull equity out later NO EXCEPTIONS
Life changing deal for a savvy investor
BUY FOR: $880,000


11520 NE 8th Ave
Biscayne Park 33161

Property in good condition but it needs to be updated.
After $45k spent property could sell for $450,000

Wholesale Price:  $320,000

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