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Florida residential listings and investments.
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JUST SOLD !!! LIKE-NEW MOBILE HOME
Park City West In Davie, Florida $69,000
TWO BEDROOM – TWO BATH HOME IN THE
BEAUTIFUL PLANTATION FLORIDA
COMMUNITY OF LAUDERDALE WEST
CONTACT LISTING AGENT MARK DAVIS (24/7) 305.494.5546
PRE-LIST PRICE $362,500
PURCHASE PRICE: $375,000
Lake Daisy Drive – Winter Haven, Florida – SOLD!
JUST SOLD !!
Gorgeous lakefront property in Winter Haven, Florida
– Built in 1926
– 3,000 sq ft of living space
– 5.9 Acres of lush landscape
– Private Dock and Barn
– Detached Mobile Home
– Fresh water lake access for boating, jet ski’s, and fishing
This marvelous home was built in 1926 and remodeled in the 1970’s, and is located on an enviable plot of land studded with oak trees, and comprising of 5.9 acres of well-cared for rolling grassland.
The big red barn stands sentinel over the plot and beautiful Lake Daisy, with its very own lake access, lengthy dock and a well-preserved boat house. Lake Daisy is known for its excellent bass fishing and water skiing.
The home has 3 bedrooms, a walk in closet, 2 and a half bathrooms, attic, basement, and a fully equipped kitchen. The property also has a mobile home which can be used as a rental property or a neat mother-in-law quarters.
Excellent investment opportunity for small development. Also ideal for a family compound. This is a beautiful, one-of-a-kind home nestled in safe and family-friendly Winter Haven, Florida.
CONTACT: MARK DAVIS
*** SOLD by Xcellence Realty and Mark Anthony Davis
Structered Deal Illustration
EXAMPLE: MIAMI RESIDENTIAL INVESTMENT PROPERTY DV 1
Line 1 RESIDENTIAL HOME PURCHASE PRICE $145,000
Line 2 ACQUISITION COST $29,000 ( 20% OF 145K HARD MONEY LOAN)
Line 3 REPAIR + RENOVATIONS $30,000
Line 4 CLOSING COSTS $6,000 (ROUGHLY 4% OF PURCHASE PRICE)
Line 5 5 MONTHS PAYMENT UNTIL SOLD $5,000 (APPROXIMATLEY $1,000 PER MONTH)
Line 6 TOTAL UPFRONT CASH INVESTMENT $70,000
Line 7 CONSERVATIVE AFTER RENOVATION VALUE (ARV) $275,000
RETURN ON INVESTMENT FORENSICS
Line 8 PROPERTY SELLS FOR $275,000
Line 9 MINUS (-) REIMBURSEMENT OF TOTAL INVESTOR CASH 275K – 70K = 205K
Line 10 MINUS (-) CASH TO HARD MONEY LENDER 205K – 116K = 89K
Line 11 4% COMMISSION TO BUYERS AGENT 4% OF 275K = $11,000
LINE 12 FINAL CASH PROFIT $78,000
VACANT LOT INVESTMENTS – MARTIN COUNTY FLORIDA
CONTACT MARK AT TEAM DAVIS FLORIDA – MLS A10188699 – info@teamdavisflorida
BOAT RAMPS – FISHING – QUIET NEIGHBORHOOD
WATERFRONT MOBILE HOME – DAVIE, FLORIDA – $24,000
2 BEDROOMS – 2 BATHROOMS / LARGE KITCHEN / LAKEFRONT VIEW
PRICE IS CASH NEGOTIABLE
SOLD – SOLD – SOLD – SOLD – SOLD – SOLD
SOUTHERN RANCH AND LAND, LLC
In partnership with Xcellence Realty