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South Florida Wholesale Properties, Issue 10-22-07
October 22, 2007
South Florida Real Estate Investors

If you can't see the below listed properties, visit our website at: www.southfloridawholesaleproperties.com

20502 NW 7th Court
Miami Gardens, Florida

OPEN HOUSE SUNDAY OCTOBER 14th 12-4Pm.

FREE POOL TABLE TO BUYER on Sunday!

6 Bedrooms
4.5 Bathrooms
3 Car Garage
3640 SQFT

NO REPAIRS NEEDED
Estimated Value $530K
Wholesale Properties Price : $450k

80K IN EQUITY

Must Close prior to Nov 3rd.
Financing OK

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


Pre - Foreclosure / Short Sale Property

4601 NW 10th Ave
Fort Lauderdale Florida 33309

OPEN HOUSE SUNDAY OCTOBER 14th 12-4Pm.

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

3396 NW 47th Ave

Coco Creek, Florida 33063

2/2 Condo in great shape. All Ages.

Estimated Value of 200k

Wholesale Properties Price: 154K (each)

South Florida Wholesale Properties - 10/22/2007

DO NOT DISTURB TENANTS/OCCUPANTS. Do your Due Diligence and DRIVE BY ONLY, 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

1729 NW 51 TERRACE
MIAMI FLORIDA 33142

TOTALSQFT: 1,332
LOTSQFT: 5,000
CONSTRUCTION: CBS
YEAR BUILT: 1926

AFTER REPAIRED VALUE (ARV) = 190K
REPAIRS = 50K
Wholesale Properties Price:88K

CASH OR HARD MONEY ONLY! MUST CLOSE ON OR BEFORE OCTOBER 31, 2007.


19394 NW 30TH COURT
MIAMI GARDENS FLORIDA 33056

TOTALSQFT: 1,600 (LARGER THAN TAX ROLL)
LOTSQFT: 4,380
CONSTRUCTION: CBS
YEAR BUILT: 1972

AFTER REPAIRED VALUE (ARV) = 175K
REPAIRS = 40K
Wholesale Properties Price:100K

CASH OR HARD MONEY ONLY! MUST CLOSE ON OR BEFORE OCTOBER 30, 2007.


21640 NAPA CT
BOCA RATON FLORIDA 33433

Single Family House
3 Bedrooms / 2.5 Bath / 2 Car Garage
CBS Construction
Central A/C
Corner Lot (.20 acres)
Area: 1,972 living sq ft/ 2,400 Total sq ft

3/2.5 CBS HOME IN A SOUGHT AFTER COMMUNITY IN WEST BOCA
IN NEED OF TLC. MAINLY UPDATING OF KITCHEN, BATHS, PAINT, FLOORS

Wholesale Properties Price:304K
Repair Estimate: 20K
After Repair Value (ARV): 420K
Cash or Hard Money only


2611 SW 56 Ave.
Hollywood Florida (West Park)

~*~Miami Garden Estates~*~

BLOCK 3/1 SFH w. 1,041 sqft!!!
Property is a TRUE 3 bedroom &
Situated on a 6,600sqft lot!!

CHEAPEST 3 BEDRM IN HOLLYWOOD!!!!!!!!!

Needs updating through-out
(Kitchen, bath, flooring & paint)

Tax assessed for $120K!!

Wholesale Properties Price:$129,900.00
RETAIL: $250K

CLOSED COMPS:
2621 SW 55 Ave. $286K 8/07
2600 SW 53 Ave. $240K 7/07
5900 SW 26 St. $265K 7/07
5425 SW 22 St. $240K 5/07


Town Home at 2711 27th Way
West Palm Beach FLORIDA 33407
(note: taxroll and RealQuest have it in error as 7211)

Wholesale priced nice Town Home in West Palm Beach. Please review and if interested contact me for inspection. Property is occupied so strictly drive-by only.

Subdivision: VILLAGE OF SANDALWOOD LAKES

Moving in conditions, 2 bedroom+2.5 bathroom, about 1,250 sq.ft. living area, CBS. Repairs neeeded are mostly cosmetic, paint, fixture updates, and some clean up.

ARV (after repair value): $177,000
Wholesale Properties Price:$107,500


3190-92 Carter St
Coconut Grove FLORIDA 33133

Wholesale Price: $291,000

County: Dade
Adj. Sq Ft: 1,256
Sub-Division: Carters Addn
Folio 1: 01-4121-02-0910
Type: Duplex R-2
Built: 1958

Description:
Great investment property in the Grove. Originally a 2/1, 2/1 duplex, this property is zoned R-2 but has been converted in a 3/2 SFH. The property has only one meter. The roof and windows are in great shape and it also has central A/C.

Repairs:
Interior needs sheetrock installation; update kitchen and bathrooms; second kitchen can be added and the second bathroom needs to be finished; needs flooring; interior/exterior paint; landscaping.

Est. cost of repairs: $25,000

? Estimated FMV Value: $440,000
?Wholesale Properties Price:$291,000
? Close ASAP
? Buyer pays buyer closing costs
? Cash or hard money

Comparables:
CLOSED:
3173 Indiana St
2/1, 1,064 sq ft
Sold 9/5/2007
$712,000

3610 Oak Ave
3/2, 1,630 sq ft.
Sold 7/20/2007
$535,000

ACTIVES:
3064 Hibiscus St
1/1 & 1/1, 1,011 sq ft
$425,000

3180 Plaza St
2/1 & 2/1, 1,292 sq ft
$430,000

3225 Oak Ave
2/1 & 2/1, 1,542 sq ft
$550,000

3240 Day Ave
2/1 & 2/1, 1,587 sq ft
$590,000






1729 NW 51 TERRACE
MIAMI FLORIDA 33142

TOTAL SQ FT: 1,332
LOT SQ FT: 5,000
CONSTRUCTION: CBS
YEAR BUILT: 1926

AFTER REPAIRED VALUE (ARV) = 190K
REPAIRS = 50K
Wholesale Properties Price:91K

CASH OR HARD MONEY ONLY! MUST CLOSE ON OR BEFORE OCTOBER 30, 2007.


19394 NW 30TH COURT
MIAMI GARDENS FLORIDA 33056

TOTAL SQ FT: 1,600 (LARGER THAN TAX ROLL)
LOT SQ FT: 4,380
CONSTRUCTION: CBS
YEAR BUILT: 1972

AFTER REPAIRED VALUE (ARV) = 175K
REPAIRS = 40K
Wholesale Properties Price:103K

CASH OR HARD MONEY ONLY! MUST CLOSE ON OR BEFORE OCTOBER 30, 2007.


LOTS for Sale in Miami Dade County:
Parcel ID Address Price Size (sq/ft) Additional Remarks
07-2217-018-2840 1576 NE 152 St 84,900 5,000 Comps of old houses in 350's
07-2217-018-0900 1500 NE 154 St 79,900 4,500 Comps of old Houses in 350's
07-2217-018-0901 1490 NE 154 St 79,900 4,500 Comps of old houses in 350's
North Miami        
30-2219-057-0010 14150 NE 2nd Ct 229,000 15,000

Comps of houses in 300-400's

Plans and Permits included to build 4 2200sqft 4 Bedroom Houses

Miami Design District        
01-3124-021-0780 3814 NW 1st Ave 799,900 20,000 Can Build 4 Townhome units and 2 houses
Miami Central        
30-3122-026-0180 2171 NW 49th St 49,000 4360 Can purchase fixer upper homes next door as well. Great opportunity to build and fix up at the same time.
Florida City        
30-7826-006-0740 18900 SW 355 St 29,900 6000 New Development taking place throughout the area

845 NW 14 Street
Florida City Florida

2/1 Already Rehabbed!
616 Square Feet. Built in 1958
Currently rented Section 8 at $900/Month
Wholesale Properties Price: $110,000


1327 NW 8 Place
Florida City Florida

4/1 Already Rehabbed!
1008 Square Feet. Built in 1962
Currently Rented Section 8 at $900/Month
Wholesale Properties Price:$120,000


19394 NW 30TH COURT
MIAMI GARDENS, FLORIDA 33056

Total Sq Ft: 1,600 (LARGER THAN TAX ROLL)
Lot Sq Ft: 4,380
Construction: CBS
Year Built: 1972

After Repaired Value (ARV) = 175K
Est. Repairs = 40K
Wholesale Properties Price:100K


Tampa Wholesale Properties:

1) 2012 Clarice Circle Tampa, Florida 33619 
3bed/2bath  1,376 sqf cb on a 73x101' lot blt in 1958
Repairs: 25k
Arv: 150k
Wholesale Properties Price:78k
Comments: House has a pool that just needs cleaning. Rehab to include a new roof, new kitchen, new flooring,  renovation of baths and misc.

 2) 2011 23rd St. S.  St. Pete, Florida  33712 
3bed /2bath  1,832 SF FR
Repairs: 25k
Arv: 145k
Wholesale Properties Price: 65k

3) 1219 63rd St. S, Gulfport Florida 33707 
2 bed /2 bath 1382 sf cb on a corner lot with attached garage
Rc: 30-35k
Arv: 265k
Wholesale Properties Price: 140k
Comments: Easy conversion to 3-4 bedrooms and close to country club, college and beach.

 4) 924 N. Castle Ct. (Tampa) Florida
5 bed /3bath  1603 SF MS on a 100x100 Lot blt 1952
Repairs: 5k
Arv: 189k
Wholesale Properties Price: 148k
Comments: Home has section 8 tenant paying $1500 per month with lease until July 2008. Just Rehabbed only a few months ago.

 5) 3112 E OSBORNE AVENUE TAMPA, Florida  33610 
4 bed /2 bath  1337 sf cb on a 51x104' lot blt in 2001
Repairs: 3k
Arv: 160k
Wholesale Properties Price: Subject to the Mortgage:  Principal Balance: $105,000
Interest rate, 11.25%
Monthly Payment, $1300 inc. taxes and insurance
Pre-pay Penalty, $4700 (Through 12/2008)
Price:  $15K Cash at Closing
Comments:  Paint and Floor Cleaning, then move-in ready for a section 8 or other renter!!

6) 3206 E Chelsea St, Tampa, Florida 33610
4 bed /1 bath  1238 sf cb on a 55x96' lot blt in 1955
Repairs: 10k
Arv: 146k
Wholesale Properties Price: 87.5k
 
7) 13522 Outboard Ct, Hudson, Florida 34667
3 bed/2bath /2cargar 1288 sf cb
Repairs: 10k
Arv: 365k
Wholesale Properties Price: 190k
Comments:  Waterfront property- Needs kitchen cabinets, minor carpet, tile in shower and bathroom floor
 
8) 8706 N 13th St Tampa, Florida 
3 bed /2 bath  928 sf cb on a 50x100' lot blt in in 1984
Repairs: 20k
Arv:140k
Wholesale Properties Price: 83.5k
Comments: Great Rental, CHA, Can easily be converted into a 4/2 by closing in the patio

9) 2308 E. 4th Ave. Tampa Florida 33605 
3/1 1176 sf fr on a 50x95' lot blt in 1903
Repairs: 25k
Arv: 140k
Wholesale Properties Price: 62.5k

If you like the above info and want pics of a specific property please email me with the ones you want to see. 

PURCHASE PROCEDURES:

-Please do drive by first!
-Please do not disturb tenants!
-Some properties require a 1k refundable deposit and contract before scheduling a interior inspection due
     to being tenant occupied.
-All prices are net to seller
-Buyer pays all closing cost
 
Please for further information call . Thank you for your interest and have a great day.

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