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South Florida Investors, Issue 07-27-07
July 27, 2007
South Florida Real Estate Investors

 

Coconut Creek Wholesale Property

3710 NW 23rd Place
Coconut Creek, Florida

WOW you won't find this price again!

This Large home with over 2200 SQFT, is a 4 Bedroom 2.5 Bathroom Home with a 2 Car garage and Lakeview.

Located in the Centura Parc subdivision. The property is in Great condition, just needs minor paint touch up and repair to the Central A/C Unit. Repairs should be no more that 5K.

This PRETTY House is offer at $285k

Retail Price is approximately $360-380k

Repairs are no more than 5k

Closing needs to take place prior to 08-14-07

5k non-refundable deposit required after inspection.

Call Frank (954-822-0796) for Lockbox code.

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Hollywood Wholesale Property

7161 Park ST
Hollywood, Florida 33024

3/1 CBS construction with Carport. New house being built next door which will increase property value.

Estimated Retail Value: $285K

Estimated Repairs : $25k

Wholesale Price : $175k

Non-refundable 5K deposit required.

Call Frank (954-822-0796) for further information

Pre - Foreclosure / Short Sale Property

4601 NW 10th Ave
Fort Lauderdale Florida 33309

Estimated Value : 365k

Make an Offer!

3/2 with Pool and 2 car Garage. New roof. Approximately 2000sqft living area.

Property is in decent condition, needs interior update, bathrooms, floors, and kitchen cabinets.

Conventional Financing might be considered, prefer cash or hard money. Assignment of contract!

Call Frank (954-822-0796) for Lockbox code.

South Florida Wholesale Properties, Broward Wholesale Properties, Miami Wholesale Properties and Palm Beach Wholesale Properties - 07-27-07

These Wholesale Properties are DRIVE BY ONLY. Do not call on any signs, talk to tenants, or neighbors. If after driving by and performing your Comparables you are still interested, then call (954-822-0796) for an appointment to see the interior.


!!FOR SALE $74,999!!
588 NW 12 STREET
FLORIDA CITY, Florida 33034

This Wholesale Property is a 2 Bedroom, 1 Bath, 564 sqft. living area, corner lot, CBS home that does not need any repairs. This house needs to be "updated" to be sold to a person that will live in the house or can be rented and will cash flow "AS IS".

CASH OR HARD MONEY ONLY.
$5,OOO Min. deposit required
Buyer must close with seller attorney.
HOUSE WILL BE SOLD "AS IS"

VIEWING
*HOUSE IS OCCUPIED*
**DO NOT APPROACH**
BY APPOINTMENT ONLY!

After you make repairs Your Conservative Value:
120K-135K

Wholesale Properties Price: $74,999

COMPARABLE:
1446 NW 8th Ave Florida City
SOLD 2/06/07
$134,500
SqFt 594


4945 Springfield Dr.
West Palm Beach, Florida 33415

3/1 Block Construction
1000 Sq Ft
Year Built 1974

Wholesale Properties Price: $140,000
Rehab Estimate $12,000
After Rehab Value $210,000

Wholesale Property in need of cosmetic updates throughout. Paint, Carpet and flooring kitchen and bath touch ups etc. Vacant call for access.

Wholesale Property located South of Southern Blvd off Haverhill.


500 NE 77 St.
Miami, FL 33138
Wholesale Price: $355,000
Est. Profit - $53,788 to $75,995

County: Dade
Adj. Sq Ft: 1,924 total
Sub-Division: Federal Way
Folio #: 013 207 040 0810
Type: Duplex
Built: 1949

Mediterranean style zoned duplex 3/2 with 1/1 on corner lot in redeveloping upper east side. Tiled floors, new windows, great central a/c, and nice kitchen cabinets. Electrical is on a breaker panel. Up and coming area is going through a strong real estate transformation. Appliances included.

The bathrooms could be updated. Roof needs to be replaced along with all fascia boards and soffit. There is termite evidence but mostly in rear 1/1. May want to upgrade flooring. One toilet needs repair and the house needs a paint job inside/out. Some minor landscaping recommended.

Est. cost of repairs: $30,000

● FMV Value: $530,000+
Wholesale Properties Price:: $360,000

● Close by 31 August 2007
● Will accept conventional financing, cash or hard money

COMPARABLES:
CLOSED:
518 NE 74 St
5/2, 1,975 sq ft.
Sold 6/14/2007
$537,000

659 NE 72 St
2/2, 1,895 sq ft
Sold 4/17/2007
$595,000

442 NE 77 St
2/1, 1,381 sq ft
Sold 3/19/2007
$478,000

ACTIVES:
455 NE 75 St
3/2, 1,485 sq ft.
$469,000

521 NE 74 St
3/2, 1,605 sq ft.
$549,000

577 NE 74 St
3/2, 1,372 sq ft.
$679,900

469 NE 76 St
4/3, 1,486 sq ft.
$439,000


14435 NW 20 Ave
Opa Locka, Florida 33054

Beds/Baths: 2/1
Adj. Sq Footage: 771 sq. ft.
Lot Size: 5,000 sq. ft.
Year Built: 1950

ARV (After Repaired Value): $180K
Repairs: $35k

Wholesale Properties Price: $80K

Comparable Sales:
1.) 2081 Rutland St Opa Locka, FL. 33054 02/2007 $196,000
Bed/Bath: 2/1 LA: 894 sq. ft. Year Built: 1949 Lot: 5,000 sq.
ft.

2.) 2050 SW 152 Ter Opa Locka, FL. 33054 04/2007 $180,000
Bed/Bath: 3/1 LA: 692 sq. ft. Year Built: 1958 Lot: 5,000 sq.
ft.

3.) 2001 Wilmington ST Opa Locka, FL. 33033 02/2007 $180,000
Bed/Bath: 2/1 LA: 849 sq. ft. Year Built: 1949 Lot: 4,156 sq. ft.


ALL PROPERTIES ARE DRIVE-BY ONLY
THEN CALL FOR SHOWING INSTRUCTIONS
=========================================================================================
*NEW*
17144 66th Court North
Loxahatchee, Florida. 33470

3/2/2 car garage, frame, 1,700 sqft*, 1.25 acres, plus pond.
Needs flooring, new counter top, paint, and some other odd & end general updating.
Comps at @ $300k.
Wholesale Properties Price: $195,000
=========================================================================================
*NEW*
2180 nw 3rd st
Pompano Beach, Florida 33069

Great Potential for profit or hold as rental.
House next door smaller rented for $1500/ month.
3/2 totally gutted
(ARV)$ 225K PLUS
Wholesale Properties Price: $140,000
========================================================================================
*NEW*
5277 NE 15th Terr.
Pompano beach. Florida 33064

3/1 with very large lot, Pool and Hot tub. New Roof
Needs interior work, doors paint partial updating
in kitchen and bath.
(ARV) $250K PLUS
Wholesale Properties Price: $185,000
=======================================================================================
*NEW*
1519 NE 2 ND AVE
Delray Beach, Florida 33444

CBS, 2/1 1 Car Garage Screened Patio Central A/C Good roof 1,302 sq.ft
needs 10 to 15k in rehab
(ARV) 330k
Wholesale Properties Price: $245,000
============================================================================================
116 West 15 Street
Riviera Beach (Palm Beach County) Florida 33404

CBS 25 units - all efficiencies with an additional 2 lots to be separated and sold.
Needs a complete re-hab.
Property has a pool and a maintenance office.
Call for rent role.
This is a Cash Cow @ $21,000 a door.
Wholesale Properties Price: $485,000
===========================================================================================
291 S.W. 1st Terrace
Deerfield Beach, Florida 33441

3/1, CBS, 980sqft*.
This property is Turn-Key. Totally remodeled. New wood kitchen cabinets. New tile. etc. etc.
Comps out at about $200k.
Would make a Great rental. Section-8 pays $1,500 to $1,600.
Wholesale Properties Price: $140k Will consider conventional financing.
===========================================================================================
775 81st STREET
Miami Beach, Florida 33141

3/2 CBS, Large backyard. Has renovated kitchen and bathrooms.
Needs $15k to $20k in Re-hab.
Assessed Tax Value $387k.
Wholesale Properties Price: $380.000
Comps at about $540k
===========================================================================================
152 NE 60 Street
Miami, Florida 33137 *DUPLEX Wholesale Property*

4/1 and a detached 1/1, Built in the 1920's, frame, good roof, Interior needs complete re-hab.
Wholesale Properties Price: $130,000
===========================================================================================
*NEW*
1733 SW 5 Street
Fort Lauderdale, Florida 33312
*Waterfront-OCEAN access-NO FIXED BRIDGES*

3/2 Pool home (tri-level) with DOCK. New granite countertop already purchased but not delivered. New cabinets (in boxes) that need to be installed. Needs flooring, paint, and update bathrooms. Landscaping needs attention (not overhaul).
Property right next door (much smaller) just closed for $625k.
Will consider conventional financing.
Wholesale Properties Price: $480,000
===========================================================================================
1809 SW 22 street
Fort Lauderdale

2/2, CBS, Newer roof, Clean property,
Needs general updating.
Owner put a door exiting the bedroom that is at the front of the house, which makes the property look like a duplex. However the interior is laid out like a regular 2/2.
Comps $300k plus.
Wholesale Properties Price: $188k
===========================================================================================
*NEW*
332 Linda Lane
West Palm Beach, Florida 33405

3/1, large fenced in back yard,
Needs a/c, central ducts, &vents are already in place. Near beach, needs general updating @ $20k,
Average comps $340k.
Wholesale Properties Price: $222,000
============================================================================================
*NEW*
15101 NE 15 Court
North Miami, Florida

3/1 1,059 sqft., CBS,
needs general updating $15 to $20k.
Retails for about $280,000.
Wholesale Properties Price: $180,000
============================================================================================
*NEW*
134 NW 6 avenue
Boynton Beach, Florida 33435

3/1, CBS, 1,008 sqft. Has an extra room that could be used as an office or another bedroom.
Would make a great rental. This home has a barrel tile roof that is in good shape.
Needs general updating; a/c and landscaping.
Wholesale Properties Price: $113,000
After Repair Value $190 to $200k
============================================================================================
1906 NW 39 street
Oakland Park, Florida 33309

2/2, CBS, Carport, 1,200 sqft. Needs very little. Needs landscaping, and update bathrooms.
Could be made into a 3 bedroom easily. This home has a living room and a family room.
After Repair Value $300 to $315k.
There ss one comp in the area for $220k
that an investor has bought and is in the process of rehabbing.
Wholesale Properties Price: $219,000 Will consider conventional financing.
============================================================================================
*NEW*
1706 NW 39th Street
Oakland Park, Florida 33309

3/2 2 CG. 1900Sq ft CBS, pool, needs general rehab
Average Sold $330,000
Wholesale Properties Price: $248,000
will consider conventional financing


2001 NE 122nd Rd
San Souci (North Miami Beach), Florida 33181

3450 Sqft
11000 Sqft Lot
2 Year Old Roof

In good condition but needs Full Update ($50k- $80k depending on how nice you make it)

Comp: $684,000
Zillow: $721,000
Wholesale Properties Price: $465,000

 

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

 

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