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South Florida Investors, Issue 08-06-07
August 06, 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 offered 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 : $180k

Non-refundable 5K deposit required.

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

Hollywood Wholesale Property - 7161 Park St
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 and Miami Wholesale Properties - 08-06-07



1413 NW 6th Ave
Fort Lauderdale, Florida 33311

Wholesale Properties Price: $170,000
Estimated Retail Value: $235,000 to $320,000
Estimated Cost of Renovation: $8,000

REPAIRS NEEDED:
- Paint inside and outside
- Carpet in one bedroom
- Landscaping
- Small miscellaneous

* it has new kitchen and tile.

MOST RECENT SALES: ALL SALES 2007
1413 NW 5TH AVE FORT LAUDERDALE, FL 33311-6053 Last Sale: $320,000 on 04/17/2007
1625 NW 7TH AVE FORT LAUDERDALE, FL 33311-5529 Last Sale: $330,000 on 03/06/2007
1211 NE 1ST AVE FORT LAUDERDALE, FL 33304-1906 Last Sale: $355,000 on 06/15/2007
1637 NW 4TH AVE FORT LAUDERDALE, FL 33311-5505 Last Sale: $312,900 on 05/14/2007
1320 NW 7TH AVE FORT LAUDERDALE, FL 33311-6060 Last Sale: $235,000 on 07/23/2007
1766 NE 12TH ST FORT LAUDERDALE, FL 33304-2443 Last Sale: $284,000 on 03/12/2007
1309 NE 1ST AVE FORT LAUDERDALE, FL 33304-1013 Last Sale: $240,000 on 03/12/2007

PROPERTY DETAILS:
Land Areas: 1. SINGLE FAMILY HOME
Subdivision: PROGRESSO 2-18 D
Sec: 34 Twn: 42S Rng: 49E
Legal Description: PROGRESSO 2-18 D LOT 9 BLK 68
Total Area: 909 SF

Bedrooms: 2
Bathrooms: 1

* CASH, HARD MONEY FUNDING OR CONVENTIONAL FINANCIAL WITH PRE-QUALIFIED BUYERS ONLY, CASH BACK FOR REPAIRS AND CLOSING COST. MUST TO CLOSE WITH 15 DAYS.

*PLEASE DO NOT DISTURB OCCUPANTS, TO SEE INSIDE CALL 954-822-0796


930 35th St.
West Palm Beach, Florida 33407

3/2 Frame Construction
1278 Sq Ft

Wholesale Properties Price: $110,000
Rehab Estimate $26,000
After Rehab Value $200,000

Wholesale Property located in the Northwood Addition of Palm Beach. Cape Cod style framer in need of a new kitchen, bath updates, paint, flooring, central ac, dry wall back room, landscaping and roof work that includes a re-shingle of the main roof and rolled roofing on flat back area.

This is an excellent rental property. Section 8 should pay a minimum of $1250 for a 3/2 in this area. It needs work but it will be well worth it!

Drive by only! Call for appointment!

DON'T WALK, RUN!!!!!!! This one will be gone in a few days!!


4705 NW 4th Ave
Pompano Beach Florida 33064

2/1.5 Townhouse 925 S.F.
Needs update and drywall work

Wholesale Properties Price: $135K
Average comps $218K

closed comparables:
1. 4700 NW 4th Ter Pompano Beach FL 33064 07/05/2007 $227,000 1,044
2. 4631 NW 6th Ave Pompano Beach FL 33064 06/01/2007 $220,000 1,062
3. 4741 NW 4th Ter Pompano Beach FL 33064 06/20/2007 $232,000 924
4. 302 NW 47th St Pompano Beach FL 33064 07/24/2007 $173,000 1,044
5. 4711 NW 4th Ave Pompano Beach FL 33064 02/26/2007 $230,000 1,044
6. 4712 NW 5th Ave Pompano Beach FL 33064 02/08/2007 $230,000 924


124 N 16th St.
Fort Pierce, Florida 34950

*Single Family*
2/1 Block/Frame Construction
1200 Sq. Ft.

Wholesale Properties Price: $64,000
Rehab Estimate $5,000
After Rehab Value $90,000

2/1 Block SFR in good condition. House is rented for $675 a month. Drive by only. Call for appointment
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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

Equity Spread $63,000

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

Property located South of Southern Blvd off Haverhill.
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634 55th Street
West Palm Beach, Florida 33407

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

Wholesale Properties Price: $115,000
Rehab Estimate $5,000
After Rehab Value $165,000

Equity Spread $50,000

Property needs very little work. Just a little updating and painting.
LEASE OPTION AND CREATIVE OWNER FINANCING AVAILABLE!!!!!!!!!!!

Located West of Broadway just north off 55th St.
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3618 Spruce Ave.
West Palm Beach, Florida 33407

*MULTI FAMILY*
Located in historic Northwood
6/4 Multi family 3396 sq. ft.
Frame/Stucco Construction

Wholesale Properties Price: $380,000
Rehab Estimate $150,000
After rehab Value $750,000

EQUITY SPREAD $225,000

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.
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1640 39th Street
West Palm Beach, Florida 33407

*SINGLE FAMILY*
3/2 Block Construction
2554 Sq. Feet

Wholesale Properties Price: $404,000
Rehab Estimate $20,000
After Rehab Value $565,000

Equity Spread $145,000

This Wholesale Property appraised 6/20 for $565,000
Property needs very little work. Located on the North shore of Lake Mangonia. A view to kill!!. Has a new roof and a seawall being installed. MUST SEE!!!!!!!!!!!!!!

DRIVE BY ONLY!!!!!!!! CALL FOR INSPECTION!!!!!
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1528 Cochran Dr.
Lake Worth, Fl 33461

3/2 Block Construction
1257 Sq Ft
Built 1960

Wholesale Properties Price: $170,000
Rehab Estimate $20,000
After Rehab Value $250,000

Equity Spread $69,000

3/2 CBS located just west of 95 . Property in need of roof work and updating throughout.

Drive by only!! Will be vacant at close. Call for access
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9600 Carousel Circle S.
Boca Raton, Florida 33434

*Single Family*
3/2/2 Block Construction
1615 SQ FT

Wholesale Properties Price: $325,000
Rehab Estimate $7,000
After Rehab Value $425,000

Equity Spread $98,000

Very clean family oriented neighborhood just East 441 off Glades. In very good condition just needs updating to taste. Window treatments, lights and fans and flooring. Cheapest active property in the neighborhood is listed at $409,000.

This can be purchased with a conventional loan.
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4959 SW 5th Ct.
Margate, Florida 33068

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

Wholesale Properties Price: $235,000
Rehab Estimate $15,000
After Rehab Value $315,000

Equity Spread $70,000

Property needs a new roof and some cosmetic repairs throughout. One of very few properties with a pool in the neighborhood.
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1321 SW 1st Ter.
Deerfield Beach, Florida 33441

*Single Family* 3/1
Block Construction
1328 SQ FT

Wholesale Properties Price: $183,000
Rehab Estimate $6,000
After Rehab Value $250,000

Equity Spread $66,000

Very clean home located in Coral Manor. In very good condition just needs interior paint and flooring.
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1837 NW 1st Way,
Pompano Beach, Florida 33060

*Single Family* 4/2
Block Construction
1571 SQ FT

Wholesale Properties Price: $190,000
Rehab Estimate $15,000
After Rehab Value $255,000

Equity Spread $55,000

Nice 4/2 CBS located in Kendall Green of Pompano Beach. Has a nice concrete tile roof but interior in need of thorough update
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3300 NW 21st Ave.
Oakland Park, Florida 33309

2/2 Block Construction
1582 Sq Ft
Built 1966

Wholesale Properties Price: $228,000
Rehab Estimate $10,000
After Rehab Value $315,000

Equity Spread $82,000

Large CBS single family home on a corner lot in Oakland Park. Property is a 2/2 but can easily be converted into a 3/2. Currently rented @ $1500/m. Tenants on 1 year lease.
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2030 NW 33rd St.
Oakland Park, Florida 33309

2/2 Block Construction
1800 Sq Ft
Built 1963

Wholesale Properties Price: $223,000
Rehab Estimate $15,000
After Rehab Value $315,000

Equity Spread $82,000

Large CBS single family home in Oakland Park. Plenty of room to add a 3rd or 4th bedroom. House is vacant but was rented for $1400 a month.
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1906 NW 39th St.
Fort Lauderdale, Florida 33309

2/2 Block Construction
1182 Sq Ft

Wholesale Properties Price: $216,000
Rehab Estimate $5,000
After Rehab Value $300,000

Equity Spread $84,000

2/2 with carport, CBS home that can easily be converted into a 3/2. Located in Royal Palm Acres. Just needs minor touch up work. In good condition

Drive by Only!!!!!!!
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2740 NW 13th St.
Fort Lauderdale, Florida 33311

4/2 Block Construction
1500 Sq Ft
Built 1951

Wholesale Properties Price: $154,000
Rehab Estimate $20,000
After Rehab Value $230,000

Equity Spread $59,000

3/2 CBS located in the Dillard area. Property in need of updating throughout but features a new kitchen. Needs flooring, fixtures, rear roof and a bathroom.
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824 NW 133rd Ave.
Fort Lauderdale, Florida 33325

3/2 Block Construction
2336 Sq Ft
Built 1982

Wholesale Properties Price: $320,000
Rehab Estimate $17,000
After Rehab Value $440,000

Equity Spread $108,000

3/2 CBS located in New Orlenes Estates. Property has a new roof but is in need of updating throughout.

Drive by only
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2620 NW 14th Ct.
Fort Lauderdale, Florida 33311

3/2/1 (carport) Block Construction
1200 Sq Ft
Built 1980

Wholesale Properties Price: $150,000
Rehab Estimate $10,000
After Rehab Value $225,000

Equity Spread $70,000

3/2 CBS built in 1980 located in Washington Park. Property is rented Section 8 for $1000/month. Minor touch up and repairs needed.

Drive by only!
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1416 NW 9th Ave.
Fort Lauderdale, Florida 33311

*Single Family* 3/2
Block Construction
965 Sq. Ft.

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

Equity Spread $62,000

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!
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6039 SW 40th Ct.
Hollywood, Florida 33023

4/2 Block Construction
960 Sq Ft
Built 1956

Wholesale Properties Price: $181,000
Rehab Estimate $12,000
After Rehab Value $250,000

Equity Spread $62,000

4/2 CBS located in Sun Land Park. Property has been mostly renovated. Needs central ac, appliances and 1 bathroom.
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1615 NW 65th St.
Miami, Florida 33147

3/1 Frame/Stucco Construction
900 Sq. Ft.

Wholesale Properties Price: $135,000
Rehab Estimate $2,000
After Rehab Value $185,000

Equity Spread $53,000

COMPLETELY renovated 3/1 in Liberty City. House looks like it was just built.
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401 NW 51st St.
Miami, Florida 33127
3/1 Block Construction
1283 Sq. Ft.

Wholesale Properties Price: $195,000
Rehab Estimate $4,000
After Rehab Value $260,000

Equity Spread $66,000

Bank Foreclosure just North of the Design District. Property has already been rehabbed.
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15840 SW 105th Ct.
Miami, Florida 33157

2/1 Block Construction
1400 Sq. Ft.

Wholesale Properties Price: $205,000
Rehab Estimate $15,000
After Rehab Value $285,000

Equity Spread $70,000

Large 2/1 CBS in South Miami. Property needs a little shingle work and interior updating throughout.


367 N. Collier Blvd.
Marco Island, Florida 34145

Wholesale Properties Price: $500,000
Est. Profit - $127,480 to $175,250
$300,000+ in equity for you!

County: Collier
Adj. Sq Ft: 2,754 total
Sub-Division: Marco Beach
Folio #: 774 900 225 47B08
Type: Single Family
Built: 1984

Very Large 3/2 with new (6 months) Spanish barrel roof . The garage has been converted into living space (with permits) under Central AC. Sliding glass door access to the garage living space; large kitchen with island; stainless steel appliances and dishwasher; new windows; freshly painted interior; extravagant L shaped pool with kiddy sprinkler entrance area; backyard is fenced; kitchen window with bar style serving area to poolside patio. Just a short 5 minute walk to the beach. This is a wonderful vacation home in exclusive and affluent Marco Island.

Recommended landscaping; exterior paint; one hole in the kitchen interior ceiling drywall about 20 inches in diameter from the old roof. Screening around pool needs to be replaced; pool needs servicing; stone finished pool deck needs pressure washing.

Est. cost of repairs: $20,000

● FMV Value: $800,000+
Wholesale Properties Price: $500,000

● Close by 23 August 2007
● Buyer pays buyer & seller closing costs
● We accept cash or hard money

COMPARABLES:

CLOSED:
481 Rio Ct
3/2, 2,852 sq ft
Sold 5/14/2007
$910,000

778 Sea Ct
3/2, 2,852 sq ft.
Sold 5/4/2007
$900,000

739 Milan Ct
3/2, 2,642 sq ft
Sold 1/2/2007
$789,000

806 Bluebonnet Ct
3/2, 2,384 sq ft
Sold 11/29/2006
$875,000

ACTIVES:
282 Bald Eagle Dr
4/3, 2,755 sq ft.
$959,000

577 Somerset
3/2, 2,345 sq ft.
$769,000

PENDING:
448 Bald Eagle Dr
3/2, 1,694 sq ft.
$880,000


2913 SW. 68 AVE.
Miramar Florida 33023

3/2 CBS, 1,273 sqft. with pool
CENTRAL A/C
needs roof and general updating

Wholesale Properties Price: 194,900

2007 closed comps with pool
6980 sw 27 st ---- $270k
7060 sw 30 st---- $290k
6640 arbor dr---- $310k
6920 sw 24 st---- $289k
3100 sw 65 av ---- $275k
6431 sw 30 st---- $285k


HANDYMAN SPECIAL IN BOYNTON BEACH! 162K!

634 SW 1st Court
Boynton Beach, Florida 33426

3 BEDROOMS / 2 BATHROOMS
ADJSQFT: 1,144
CONSTRUCTION: CBS
YEAR BUILT: 1960

AFTER REPAIRED VALUE (ARV) = $250,000
REPAIRS = 20-25K
Wholesale Properties Price: $167,000

CASH OR HARD MONEY ONLY.


Single Family Home at SW 6th Avenue
Deerfield Beach, Florida 33441

Subdivision: NORTH BROWARD HIGHLANDS SEC 3 53-12 B
3 bedrooms +2 bathrooms +1 car garage + office room+ patio + pool, approximately 1600 sq.ft. (RealQuest area numbers are incorrect). Great value: The house has a new roof, new A/C, hurricane windows, and a new alarm system

ARV: $270,000

Wholesale Properties Price: $174,900

Repairs Estimate: $20,000


Single Family Home at Pilgrim Road
West Palm Beach, Florida 33405

Subdivision: BELAIR LT 10 BLK 4
Great value with a reduced price for a 4 bedroom+2.5 bathroom + pool + Florida room + patio, 2136 sqft. living area great 2-storey house. The pool is large and gorgeous, the house is at a dead end street less than a block from S Flagler Drive, in a beautiful area of WPB.


ARV: $575,000
Wholesale Properties Price: $369,900
Repairs Estimate: $35,000

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