813 SW 3 CT., Delray Beach, FL 33344

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3 Bedroom / 1 Bath + Laundry
1,178 SqFt
8,416 SqFt Lot
Room to Add 2nd Bathroom
Central A/C – Terrazzo & Tile Flooring
Crown Moulding – Decent Kitchen
Built 1964 – CBS – Screened in Front Porch
Zestimate : $183,500*
VACANT – Clean & Clear Title
Call to See!

ASKING PRICE: $130,000

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Richard & Luis


754 200-1204

1*** Rosewood Ln., West Palm Beach, FL 33418

Beds: 9
Bath: 7
Sq ft: 9,000
5 plus acre Equestrian Estate in Caloosa.
Main house is 4000 sq ft with 4-5 bedrooms and 3 full baths, (2) 1/2 baths .
Current den/office could be converted to 5th bed.
Inground pool, 2 car garage.
Separate guest cottage is 2000 sq ft with 2 bedroom and full bath.
House completely re done, 2-4 stall barn with 2 bedroom /1
full bath brand new never used living quarters.
Fully fenced property, Spanish style home on private road on a hill top.
Only home of its kind in Caloosa.

ASKING PRICE: $899,900

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Richard & Luis


754 200-1204

1721 North O Street, Lake Worth, FL 33460

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4 Beds / 2 Baths – CBS House.
Living Area 1,775
2,075 Sq. Ft.
Lot – 5,000 Sq. Ft.
Built-in 1950.
This an updated 4/2 Property + Beautiful Pool.
Property has granite countertops, marble floors, and beautiful pool.
Property doesn’t need any major work, just a motivated seller needs to close asap!
Great location just minutes from the intercostal.
Rental average over $2,100, comps up to $367,500.

ASKING PRICE: $264,900

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Richard & Luis


754 200-1204

1018 14th Street, West Palm Beach, FL 33401

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Turnkey Cash Flowing Single Family
3 Bed / 1 Bath
Total SqFt 692 / AC SqFt 648
Built in 1965
Fully Renovated in 2017
New Impact Windows
New Roof
New HVAC
New Plumbing
New Electric
New Kitchen
New Cabnits
New Stainless Steal Appliances
New Drywall
New Insulation
New Tile
Rented for $1300
Tenant is Willing to Renew Lease at $1350
Fully Fenced in Yard with 6 Foot Wood Privacy Fence
Turnkey Cash Flowing Single Family
INSPECTION DATE: (Call/Text for Details)

ASKING PRICE: $135,000

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Richard & Luis


754 200-1204

5415 Manning Ave., West Palm Beach, FL 33407

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SFH
3/2
1158 SqFt
Built 1928
Construction: Stucco
Repairs:The Property is a shell, neeeds Full Rehab.
Buyer is Responsible for Permits or Violations

ASKING PRICE: $99,000

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Richard & Luis


754 200-1204

1481 NW 2 St, Boynton Beach, 33435

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3 Bed, 1 Bath, CBS 960 sqft.
Central A/C, Clean Property
Good Roof, Renovated Bathroom

ASKING PRICE: $140,000

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Richard & Luis


754 200-1204

918 NW 1st St Boynton Beach, FL 33435-3006

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2 Bedrooms, 1 Baths
Built in 1950, Single
Great investment opportunity!
or live in one side collect income from the other.

ASKING PRICE: $164,900

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Richard & Luis


754 200-1204

REDUCED!!! 40 W 10th Street, Riviera Beach, FL 33404

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Duplex
5 Bed / 2 Bath 1948 Total Sqft
3 Bed / 1 Bath 1020 Total Sqft / 732 Under Air
2 Bed / 1 Bath 928 Total Sqft / 912 Under Air
Rent Ready!
Both Buildings CB Stucco
2 Electric Meters
1 Gas Meter
Workshop/Utility Room that can be converted to another bedroom
INSPECTION DATE: (Call/Text for Details)

ASKING PRICE: $165,000

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Richard & Luis


754 200-1204

4 Total UNITS in BELLE GLADE 33430

All units are rented
All units are month to month
(1 Folio) (4 Units Total)
Current Cap Rate: 11%
Potential Cap Rate with all Section 8 Tenants: 25%
** Cap rate will increase by filling units with section 8 tenants **
Great investment opportunity!
All 4 units have been updated.
Complex has paved parking spaces, fenced lot,
located in a great section of Belle Glade a
long side a canal which provides quite, private living.
The Units are rented severely under Market Value,
Snatch this one up it’s a NO BRAIN-ER!!
1963 Build
CBS
4 units
2834 Under Air
100% occupied
$575/month/unit = $2300/mo Gross Rent
Closing Nov 30th, 2018

ASKING PRICE: $175,000

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Richard & Luis


754 200-1204

2197 NW 59 St, Boca Raton, 33496

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5 Bedroom 4 Bath CBS 5100 sqft with Pool
Good Condition.
New Kitchen.
Needs little.

ASKING PRICE: $485,000

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Richard & Luis


754 200-1204

9961 Majestic Way, Boynton Beach, FL 33437

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Bedrooms: 4
Bathrooms: 2
Construction Type: CBS
Pool: Yes
Year Built: 1987
Lot Size: 9,736 Sq Ft.
Living Area: 2,519 Sq Ft.

ASKING PRICE: $295,000

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Richard & Luis


754 200-1204

REDUCE!!! 633 48th St West Palm Beach, FL 33407

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Perfect buy and hold opportunity,
Property is occupied by a month to month tenant
tenant paying $1,000 per month
A/C 2013
Water heater 2011
Roof has 5 years left on it.
Section 8 for this zip code for a 3/1 $1690 per month
WATER: tenants
ELECTRIC: tenants
INSURANCE: $850

Needs some rehab kitchen cabinets appliances, cleaning, some paint.
Walls looked good.
Some old water spots on the ceiling.
But wasn’t currently wet.

ASKING PRICE: $110,000

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Richard & Luis


754 200-1204

REDUCED!!! 92 Units Total

92 Total UNITS in BELLE GLADE
72 Available for rent now
62 already currently rented
20 needs full rehab
(3 Folios) (4 buildings Total)

NOI: $ 107k / yr
Cap Rate: 11.56%

** Cap rate will increase more by filling in the 30 vacant units **

Great potential Income producing Property in downtown Belle Glade.

This property includes the sale of 4 buildings with a total of 92 units. 72 rent-able units!.

Folio 3: is a 32 unit building that is almost fully rented, it has a vacant building on same folio that can provide 20 extra rent-able units if renovated.

Folio 2: is a 28 unit building almost fully occupied. this Building is CBS construction

Folio 1: is 12 units total, 3 separate 4 unit buildings fully occupied.

The buildings are CBS construction. All 3 buildings have concrete roofs!

Rents have been the same for 10+ years.

You can increase rents and renovate the 20 unit building for much higher cap rate.

Property has on site property manager that collects rent and maintains property.

Current rent rolls attached!

Folio 1:
Building: 12 units (all full 1/1s): All rented
12 Unit Apartment Building. Legal 12 unit property. Cash flow Multi-family rental! All units rented for $450-$550 per month each and rent rate can increase.

Folio 2:
Building: 28 units (1 bed with kitchen area-4 common bathroom areas)- Rented
Building almost fully occupied

Folio 3:
Building 1: 32 unit(rent-able) (with common bathroom areas) – Rented
Building 2: is a two story frame/stucco building with 20 units single bed and 7 units double bed boarding house style, small room with down the hall full bathroom and showers for women and men. Needs full rehab 75k.

Folio 1
Income $59,935
Expenses $34,975
Net $24,960

Folio 2
Income $62,640
Expenses $25,654
Net $36,986

Folio 3
Income $69,600
Expenses $23,568
Net $46,032

ASKING PRICE: $865,000

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Richard & Luis


754 200-1204

717 W 4 St., Riviera Beach 33404

2 Units Duplex that is LEGAL!

(1) 3 Bed / 2 Bath
(1) Efficiency

3/2 is Vacant but Rents for $1400 to $1500/mo
Efficiency is rented for $500/mo/mo.
Potential Income is $2,000/mo or MORE!
Potential Cap Rate Net is 15%.
CBS, 2,262 SQFT.

Property Has Code Violations for small stuff like Lawn.( LIEN SEARCH BY REQUEST)
Seller will hold back Full Amount of Fines at Closing in escrow.  ($50,000)
Buyer can mitigate fines after closing, and use the money is escrow to pay settlement.
Money left over would go to seller. This would be drafted in agreement at closing.
OR buyer can buy as is and to their own thing later. Taking Offers. Vacant at closing

Showing with Offer subject to walk thru or Zero Inspection.

SEE VIDEO AND PICTURES BELOW in LINKS and MAKE OFFER BASED OFF THAT, RETURN ON INVESTMENT/ CASH FLOW, COMPS, ETC. CLICK OR CUT AND PASTE LINKS INTO YOUR BROWSER TO SEE VIDEO and PICTURES!

https://www.dropbox.com/sh/zcx6fb6l661240h/AABU_5wR1M4wGjgRSwrlagVba?dl=0

https://www.dropbox.com/sh/ig8tm296of4akkh/AABuigK3LSQphk3anVQJyVTea?dl=0

 

ASKING PRICE: $120,000

Call or Text Us Now!
Richard & Luis


754 200-1204