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South Florida Investors, Issue 09-12-07
September 12, 2007
South Florida Real Estate Investors

If you have difficulty seeing the these properties, Visit our website at : www.southfloridawholesaleproperties.com

 

Pre - Foreclosure / Short Sale Property

4601 NW 10th Ave
Fort Lauderdale Florida 33309

Estimated Value : 365k
Wholesale Properties Price: 250k

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! Contingent on Lender approval of short sale.

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

Pre Foreclosure / Short Sale Property

28101 SW 141 Place
Homestead, Florida 33033

3/2 Villa with fenced in back yard

Estimated repairs 8-10k
Estimated Value after repairs (140k)
Wholesale Properties Price: 90k

Homestead Wholesale Properties for Sale
South Florida Wholesale Properties - Broward Wholesale Properties, Miami Wholesale Properties - 09-12-07

DO NOT DISTURB TENANTS/OCCUPANTS. Only Drive by the property and research the comparables, then call and request to view the inside when interested in the property and ready to place offer with escrow deposit CALL FRANK 954-822-0796


5399 SW 42 Street
DAVIE, Florida

Wholesale Properties Price : $164,000
SQFT 1400+ 3/2

Property needs general updating, new kitchen, new bathrooms. Rehab to rent only $10,000, Rehab to sell $20,000. ***The lot is HUGE*** This one will go fast. Hard Money Loan available for this property.

Expected Sale Price: $ 270,000.00

Comps:
5425 SW 42nd St
5/7/2007
$250,000
1,350
0.031088

4311 SW 53rd Ave
4/4/2007
$268,000
1,341
0.152684

4730 SW 54th Ter
7/16/2007
$250,000
1,241
0.436626

3870 SW 59th Ave
7/6/2007
$260,000
1,225
0.464189

5611 SW 36th Ct
8/1/2007
$280,000
1,624
0.509808

3811 SW 60th Ter
3/13/2007
$375,000
1,750
0.625175

Requirement of sale: Interested party must bring a check for $5000.00 and be ready to sign a Purchase and Sale Agreement on site.

front front
front front

 


5411 Winter Garden Parkway
Ft. Pierce, FL 34951

3 br 1.5 ba 2-story - 1,344 sq feet
Large Lot, Heated Pool, Fenced Rear Yard

WHOLESALE PRICE $130,000
New Appraisal $170,000


37011 3rd St.
Canal Point, Florida 33438

LAKE OKEECHOBEE HOUSE
*****ASKING ONLY 40K*****
Zillow's value 136k
2/1 Frame -720 s.f. -Needs full rehab
Only a couple a blocks to launch a boat into lake Okeechobee
THIS IS A VERY NICE AREA. interior needs complete rehab.


115 HARVARD RD
WEST PARK, FL 33023

3 BEDROOMS / 2 BATHROOMS
TOTAL SQFT: 1,746
YEAR BUILT: 1956
CONSTRUCTION: CBS

AFTER REPAIRED VALUE (ARV) = 250K
REPAIRS = 50-60K
Wholesale Properties Price : 99K

CASH OR HARD MONEY ONLY!


581 Brown Road, Lantana, Florida 33462

Single Family Home

Subdivision: SAN CASTLE & 1ST & 2ND ADDS LOT 8 BLK 8
Moving in conditions but needs updates and paint. 2 bedroom+1 bathroom, plus a laundry room, 900 sq.ft. living area, CBS.

ARV: $172,000
Wholesale Properties Price : $ 99,500
Repairs Estimate: $ 17,500
 

Front Living area
Kitchen Bathroom

765 NW 126 St.
Miami, FL 33168

Wholesale Properties Price: $140,000
Est. Profit - $34,850 to $47,750

County: Dade
Adj. Sq Ft: 854 total
Sub-Division: North Shore Heights
Folio #:06-2126-014-2950
Type: Single Family
Built: 1950

Bread and butter 2/1 starter home in quiet residential area. Decorative wrought iron fence in front; window security bars; privacy wood fence in back; new driveway; covered patio plus screened patio; storage shed. Inside includes new kitchen; dining room area; small family room off kitchen; all appliances are new and included; new AC; new water heater; separate laundry room.

The property is currently occupied. DRIVE BY ONLY!!!

● FMV Value: $215,000
● Wholesale Price: $135,000
● Close by 3 October 2007
● Buyer pays buyer closing costs
● Use Seller's Title Co.
● Cash or hard money only

If you are seeking a hard money loan, we will provide you with information to obtain one.

CLOSED:
1035 NW 128 St.
2/1, 784 sq ft
Sold 7/20/2007
$210,000

1180 NW 126 St.
2/1, 917 sq ft.
Sold 4/30/2007
$240,000

PENDING:
900 NW 125 St.
2/1, 913 sq ft.
$219,900

ACTIVES:
820 NW 128 St
2/1, 1,037 sq ft.
$245,000

740 NW 130 St.
2/1, 821 sq ft.
$219,500


5902 Balsam Drive
Ft. Pierce, FL 34982

4BR, 2BA Home on Corner Lot
1500 Sq Ft Under Air
Needs Paint & Carpet - Approx $2500

WHOLESALE PRICE
Wholesale Properties Price : $99,900

Retails at $135,000
Comps:
6013 Hickory, Sold 6/07 for $180,000
5708 Spruce, Sold 5/07 for $156,000
6008 Raintree, Active Listing $175,000


WHOLESALE DEAL! 143K IN EQUITY! NO REPAIRS!

1037 NE LITTLE RIVER DRIVE (ACROSS THE STREET FROM THE WATER)
MIAMI, Florida 33138

3 BEDROOMS / 2 BATHROOMS
TOTAL SQFT: 1,600
LOT SQFT: 6,000
CONSTRUCTION: CBS
YEAR BUILT: 1947

AFTER REPAIRED VALUE (ARV) = 485K
REPAIRS = 0 (THIS PROPERTY IS IN ABSOLUTE PERFECT SHAPE, ALREADY COMPLETELY REHABBED)

Wholesale Properties Price = 347K

CASH OR HARD MONEY ONLY! MUST CLOSE ON OR BEFORE SEPTEMBER 21, 2007.


1510 NW 7 Ave
Pompano Beach, Florida 33060

3/1 + den

Rented Sec. 8 at $1100/month until February 2008

Wholesale Properties Price $140K (or best offer)

WILL CONSIDER CONVENTIONAL FINANCING


DEAL FELL THROUGH
ACT FAST!!!

1519 NE 2ND AVE
DELRAY BEACH, Florida 33444

Single Family House
2 Bedrooms / 1 Bath / 1 Car Garage
Covered Patio
CBS Construction
Central A/C
HUGE Corner Lot (.26 acres)
Area: 1,302 sq.ft

Wholesale Properties Price: 240K

2/1 CBS HOME IN A HUGE CORNER LOT IN EAST DELRAY IN NEED OF TLC. MAINLY UPDATING OF KITCHEN, BATH, PAINT, FLOORS… 1 CAR GARAGE CAN BE CONVERTED.

Repair Estimate: 15K
After Repair Value 2/1 (ARV): 300K+
After Repair Value 3/2 (ARV): 360K+
Cash or Hard Money Preferred


HANDYMAN SPECIAL IN EL PORTAL!

160 NE 87th Street
EL PORTAL, FL 33138

4 BEDROOMS / 2 BATHROOMS
ADJSQFT: 1,133
LOTSQFT: 6,750
YEAR BUILT: 1948
CONSTRUCTION: CBS

AFTER REPAIRED VALUE (ARV) = 415K
REPAIRS = 35-40K
Wholesale Properties Price = 240K

CASH OR HARD MONEY ONLY!


918 South 14th Street
Lantana, Florida 33462

3BR, 2BA CBS Home with Pool
corner lot, new roof 2006
Approx $10,000 in cosmetic repairs

Wholesale Properties Price : $179,900

Retails at $259,000
Comps:
1416 W. Jennings St - Sold 4/27/07 for $243,800
1431 W. Hardee St. - Sold 5/24/07 for $260,000


704 Jasmine Drive
Lake Park, Florida 33403

3BR, 2BA, Pool
1248 square feet

Handyman - $10,000 in Repairs

Wholesale Properties Price : $174,900


Wholesale Property
365 NE 170 Street
N. Miami Beach, Florida 33162

This property is showing up on tax rolls as a 2/2, 1,603 sq.ft. However this home has 2 bonus rooms. 1 of the two is very large all you have to do is build a closet and add a door your would have a third bedroom. The second bonus room is small (about 9x9). So what you really have her is a 3/2 with an office and an inside laundry room. The property is spacious.

Property has: New wood cabinets with old counter top, tile throughout most of the house is in decent condition, and a newer central a/c.
Property needs: Resurface or tile, old counter top, some new flooring, probably a reshingle on the roof, paint, and landscaping.

Wholesale Properties Price : $194,900
Sold comparable's in the same subdivision:
374 N.E. 171 Street 2/1 $325k
360 N.E. 170 Street 2/2 $340k
Property is vacant with a lock box. Call for showing.


1801 NE 176 St.
North Miami Beach, Florida

This is a 4 bedroom, 2 bath CBS house on a huge corner lot of 9000 sq. ft. The house is 1650 total sq. ft. It is vacant and needs a new interior as in paint, carpet, kitchen and baths. On lockbox. Call me for the code.
Comps: 17850 NE 19 Ave.....1100 sq. ft............$310,000
1966 NE 176 St.......1537 sq. ft............$315,000
17750 NE 19 Ave.....1231 sq. ft............$303,000

Wholesale Properties Price $214,000


2320 NW 174TH TER.
MIAMI GARDENS, Florida 33056

Spacious 4/2 Block SFH with very marketable upgrades & WATER VIEW!!!
Property features 1,490 LIVING sqft, new roof (2 yrs), new A/C (1 Yr),
New Dade County impact hurricane windows, large living space, 1 bath upgraded,
And separate oversized laundry room!!

Just needs some minor updates and sprucing to taste!!!

Wholesale Properties Price : $199,900.00
Retail: $285K

Active Comps:
17730 NW 36TH AVE $257,000 4/2 ONLY 1,391 SQ FT AND IN FORECLOSURE
17745 NW 37th AVE $265,900 4/2 1,230 SQ FT NO WATER
2230 NW 174TH TER $269,000 4/2 1,544SQ FT NO WATER

Closed Comps:
3470 NW 174TH ST $250,000 CLOSED 7/31/07 4/2 ONLY 1,199 SQ FT NO WATER
3211 NW 174TH ST$279,000 CLOSED 7/10/07 4/2 ONLY 1,188 SQ FT NO WATER
17200 NW 36TH AVE$300,000 CLOSED 6/29/07 4/2 2,164 SQ FT, NO WATER
2321 NW 172ND TER$281,491 CLOSED 5/29/07 3/2 ONLY 1,320 SQ FT NO WATER


1240 NE 132 St.
North Miami, Florida

~~ LAMOR ESTATES ~~
Spacious, BLOCK 4/2 SFH w.1,306 sqft!!!
Property is situated on an oversized 10,275 sqft lot!!
Beautiful curb appeal, Kitchen features granite & maple cabinetry,
nice diagonal tile thru-out, newer roof, renovations in master bedroom
& bath need to be completed

Doesn’t need much to make it a WINNER!!!!!

Within walking distance to Publix, Johnson & Wales Univ.
& Elaine Gordon Park “Enchanted Forest”

Wholesale Properties Price : $229,900.00
Retail: $325K


10656 SHADY POND LN
BOCA RATON, FLORIDA 33428

I have a handyman special in Boca Raton I am looking for an all-cash buyer who can close within 15 days

Wholesale Properties Price $225,000

The house has 3 bedrooms, 2 baths, and is 1,400 sqft. It sits on a 7,500 sqft lot with a beautiful pool.

The kitchen cabinets and countertops were replaced within the past two years. The house needs paint, appliances, and a good cleaning. There is some landscaping that needs to be done and the back porch needs to be repaired. I estimated repairs to run approximately $12,000

Houses in the neighborhood have recently sold for $400K, $390K, $372K, and $390K.

If you're interested in seeing the inside, please contact me. It is currently OCCUPIED by the tenant and two dogs.
PLEASE DO NOT DISTURB.


Wholesale Properties Price 183,000

2913 SW 68th Ave.
Miramar, Florida

3/2 CBS with pool, 1425 Sq ft
Needs 15k in rehab (updating, paint carpet, clean up
Tiled throughout excluding 2 bedrooms


Address:   705 NW 2 Street
Fort Lauderdale FL 33311
Subdivision:   Fort Lauderdale (down Town)
County:   Broward County
Beds/Baths:   6 units 1/1 ea.
Approx. Living Area:   2650
Year Built:   1957
Other Features:    
2-story Apartment Building
 
   
Excellent Location In Down Town Fort Lauderdale Redevelopment Area . Big Corner Lot. Needs Work, But A Steal At This Price. Priced More Than A $100, 000 Below Tax Assessment. Great Equity In A Cannot-loose Location.
Estimated After Repaired Value
$670,000

Comparable Sales:
Address units SqFt $Sales Price
100 SE 21 St
8
5104 735,000
401 SE 18 Ct
9
4096 895,000
405 SE 20 St
10
5766 925,000
204 SE 15 Ave
5
8250 900,000



Comparable Active Listings:

Address units SqFt $List Price
704 SE 21 St
4
2185 695,000
3012 Seville St
6
2704 799,000
3111 SW 13 St
10
7441 890,000
2201 Miami Rd
5
3525 1,220,000
Price Net to Seller
$305,000

 
Estimated Sales Price $670,000
- Purchase Price 299,000

= Gross Profit $371,000



Corporate contract required.


Address:   3410 Berkeley Blvd.
Ft Lauderdale FL 33312
Subdivision:   Melrose Park
County:   Broward County
Beds/Baths:   2/1
Approx. Living Area:   1200
Year Built:   1955
Other Features:    
Carport, Big Lot, Tiled Floors
 
   
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.
Estimated After Repaired Value
$235,000

Comparable Sales:
Address B/B SqFt $Sales Price
271 Delaware Av 3/1 1277 253,000
851 Arizona Av 3/1 2015 239,000
3441 Berkeley Bl 3/1 1116 229,500



Comparable Active Listings:

Address B/B SqFt $List Price
3700 Jackson Bl 2/1 1032 245,000
3330 Berkeley Bl 3/1 1112 248,900
381 Carolina Av 2/1 1347 224,900
Price Net to Seller
$170,000

 
Estimated Sales Price $235,000
- Purchase Price $165,000

= Gross Profit $70,000



Corporate contract required.


128 West 10 Street
Riviera Beach, Florida

4-UNITS - all 2/1s 4 units, CBS, all 555 sq ft. 2 bed, 1 baths each, separate electric meters, shared water meter; pitched shingle roof needs replacing. Fire damage in 2 units and roof.
All units were rented at $750 mo each; now vacant.
Comps are $250K &$310K - listings in high $200Ks and in the $300Ks.
Wholesale Properties Price: $135,000


Amazing, ready to move in, immaculately clean, beautifully designed and upgraded townhome in a small gated comunity off Hillsboro East. Please review the details and photos and contact me for scheduling inspection.

Townhome at SE 2nd Avenue,
Deerfield Beach, Florida 33441

Subdivision: OLIVER SUBDIVISION 2-12 PRINCETON PLACE TOWNHOMES

End/corner unit with 3 bedrooms + 2.5 bathrooms + open office loft + back yard deck, 1,505 sq.ft. living area.

The two story townhome was recently upgraded to the tune of $38,000, which includes a motor driven retractable awning, Trex deck with lights, laminated floors, kitchen countertops, cabinets and tiles, soft water system, shed, attic pulldown, hurricance shutters, new water heater, tiled entry way, paved front and gate. There is a community pool.
ARV including upgrades: $285,000+38,000=$323,000

Wholesale Properties Price: $213,500

Repairs: NONE

Front Kitchen Kitchen details
Master bedroom Master bathroom Living room
Stairs to 2nd storey Guest bedroom Guest bathroom
Open loft Backyard deck Community pool

Major price reduction. It makes this a great buy! Please review and if interested please contact me for property's full address for drive-by only.
Single Family Home at Pilgrim Road, West Palm Beach, FL 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 sq.ft. 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: $303,500


Repairs Estimate: $ 35,000

233 Front at angle Pool area Florida room to upstairs
Upstairs bathroom Bedroom Bathroom 1
Bathroom and utility room Left side of house Call 954-822-0796 to make an offer on this property

704 Jasmine Drive
Lake Park, FL 33403

3BR, 2BA, Pool
1248 square feet

Handyman Special
Needs $10,000 in repairs
Wholesale Properties Price : $189,900

 

PLEASE DRIVE BY PROPERTY AND THEN CALL FOR AN APPOINTMENT TO VIEW INTERIOR IF YOU ARE INTERESTED IN VIEWING THE INTERIOR AND READY TO PLACE SIGN A CONTRACT. CALL FRANK 954-822-0796

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