Tuesday, November 11, 2008

Under Retail Properties - Orlando areas


NEW PROPERTY IN WINTER PARK



 



1792 Chilean Lane



Winter Park, Florida 32792



 



This is a 3/1 block house at 984 heated square feet in the Eastbrook Subdivision in Winter Park .  The house has new windows and is in decent shape, but with a new roof, new flooring, paint and cosmetics this would make an excellent rental.  Light rehab in the kitchen and bathroom would be needed for a flip.  Rehab around $10-12k.  ARV in the $130ks.



 



ASKING ONLY $79,900 + Closing Costs!!



 



Comps in the area:



 



1549 Chilean Lane (3/1 989 sq ft) sold for $157k in 6/2008



 



1554 Gardenia Court (3/2 1,407 sq ft) sold for $180k on 7/31/2008



 




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New Property!!



207 S Ulysses Dr



Apopka FL 32703



Check out this great deal in Wekiwa Manor In Apopka. This is a 3/1 concrete block home, 897 heated Sq Ft, property is in great shape only needing flooring!! Property would make a great rental with area rents for similar houses starting at $750/month!! This property sold for $140k in March of 2006, and is currently taxed assessed at $107k!!



Asking only $65k + closing costs!!!



Comps:



1813 Thor Ave 3/1, 1122 sq ft, sold for $149k on 4/4/2008.



119 S Apollo Dr 3/1, 1004 sq ft, sold for $135k on 6/23/2008.



302 S Atlas Dr 2/1, 897 sq ft, sold for $129.9k on 2/29/2008.



 



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1952 Frenzel Dr



Apopka FL 32703



This is a great home in Sheeler Oaks sub of Apopka. It is a 3/2 with a 1 car garage, 2 story concrete block home built in 1987. Home is 1321 Sq Ft under air,  with vaulted ceilings, tile & pergo wood floors throughout, with a screen enclosed porch!



Asking only $79k + Closing Costs!!



 



Comps: 1980 Frenzel Dr sold for $189k on 2/22/2008.



1986 Frenzel Dr sold for $189k, only 1113 sq ft, wood frame, on 2/6/2008.



2001 Sheeler Oaks Dr sold for $165k, only a 2/2, 1039 Sq Ft wood frame on 4/4/2008.



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5201 Ashwood Pl



Orlando FL 32808



REDUCED!!! Priced at only 35% of ARV!! This home is a great rental for the area with 3 bathrooms and 3 bedrooms. The 3rd bedroom and 3rd bath is in the converted garage. The home has some serious settlement issues and that is the reason for the reduction. The home does need overall updating, central h/ac and clean up but is tax assessed at over $125,000 in its "as-is" condition. Property is vacant so feel free to go by and call for combo. If interested in property, please be advised the the deposit on this one will be $5000 since the property is bank owned. Please make an offer after viewing the property and I will do what I can to get the bank to reduce the price.



Asking $49k + Closing Costs!!



 



Comps: 5502 ALHAMBRA IS A 3/1, 1,213 SQ FT. SOLD FOR $160K ON 04/30/2008.



902 SANTA BARBARA IS A 4/ 2, 1,500 SQ FT SOLD $125,000 on 5/08.



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Fantastic Commercial Deal In Downtown!!



1607 Park Lake St



Orlando FL 32803



This is a great commercial deal with 2 buildings on the property. The front unit is good to go and the back unit needs a roof and floor. This property can be used as a single family resident or a commercial property. Currently it's zoned O-1/T/SP. This is a great deal and needs to been seen. Property is tax assessed at $285k and sold for $340k in 2005.



Asking Only: $140K+ Closing Costs!!



 



Comps: 1223 E Concord St, 1248 Sq Ft, sold for $300k on 3/20/2008.



813 N Ferncreek Ave, only 924 Sq Ft, sold for $265k on 3/28/2008.



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13607 W Colonial Dr



Winter Garden  FL 34787



176 Unit Hotel. This is a 2 story hotel in great shape with a pool, meeting room, restaurant, bar and grill. All the rooms look like the room in the picture below and are ready to go. The property has been kept in great shape and for the most part needs nothing. It's operating as an American Best Value and Exclusive Inn. It's zoned C-2 and sits on 4.12 acres just East of Vineland Rd on W Colonial in Winter Garden. Seller has 2 mortgages that are assumable. One mortgage is at 1.4M @ 6.41%, the second is 665K @ 6.2%. Also, owner financing is an option with a minimum of 20% down. Additional Photos and Cash flow statement available upon request. Please call for any and all questions.



Asking: $3.1 Million!!!



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8765 Fort Jefferson Blvd



Orlando FL 32822



Check out this fantastic lakefront home in Stonebridge subdivison of Orlando . Home is a 3/2, 1956 heated sq ft, concrete block, built in 1995, with a fireplace, and beautiful tile floors throughout. Home is currently tenant occupied, so drive by only, please call for an appointment to view the inside! Home sold for $288,000.00 in April 2006 and is currently taxed assessed at $211k!!



Asking only $138k + Closing Costs!!



 



Comps:



8480 Fort Clinch Ave, 3/2, 1482 sq ft, not lakefront sold for $175k on 6/13/2008!



8963 Fort Jefferson Blvd, 3/2, 1507 sq ft lakefront just sold for $190k 8/5/2008!



4816 Fort Apache Ct, 3/2, 1459 sq ft, not lakefront sold for $184,900 on 5/19/2008!



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1968 Bonneville Dr



Orlando FL 32826



Check out this fantastic cashflow oppurtunity near UCF and the 408 & Colonial! Concrete block duplex 2/2, 885 sq ft under air per side. Units need light rehab to be rent ready, rents in area between $750-850/month!! Property would make a great rental or an awesome flip with after repair value between $185k - $210k!!



Asking only $117k + closing costs!!!



Comps:



1964 Bonneville Dr 4/4 1769 sq ft sold for $225k on 12/7/06



1960 Bonneville Dr 4/4 1769 sq ft sold for $255k on 1/2/07



1921 Bonneville Dr 4/2 1792 sq ft just sold for $212k on July 21st of this year!!



 



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NEW PROPERTY!!!



4243 Magnolia Ave



Leesburg FL 34748



This is a 3/1.5 concrete block home at 1,307 sq ft under air.  This property needs central A/C and some roof repair as well as cosmetic work.  There are tenants currently in the house, but they will be out at closing.  This house sold for $75k on 7/14/1993!!!



Asking $65k



 



4320 Lake Street (2/2, 1,736 sq ft) sold for $175k on 1/04/2008



 



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NEW PROPERTY!!



1007 Stucki Terrace



Winter Garden, Florida 34787



 



This is a 3/2 block townhouse built in 1987 at 986 sq ft under air in the Westside Townhomes subdivision.  Property is currently vacant, but was rented for $900/mo.  The property needs updating and cosmetics with an ARV around $110k.



Asking $65k



 



Comps in the area:



 



1316 Azalea Way (3/2 1,216 sq ft) sold for $150k on 4/15/2008



 



997 Stucki Terrace (3/2 1,216 sq ft ) sold for $120k on 4/29/2008



 



1015 Westside Drive (3/2 938 sq ft) sold for $115k on 6/16/2008


 



 


 



 



As always – DO NOT DISTURB OCCUPANTS/TENANTS OF ANY OF OUR PROPERTIES.


DO NOT CALL THE LISTING AGENTS IF THERE ARE REALTOR SIGNS ON THE PROPERTY.


We are on contract and have the rights to the property.  If you want to make an offer that is less than my asking price, GIVE ME THE OFFER!  I may just be able to accommodate your request!


 


Call me if you want them,


 


BROTHERS 3 INTERNATIONAL INVESTMENT SERVICE LLC,

24123 Peachland Blvd PMB 139 C-4

Port Charlotte FL 33954

Bus:941-628-3891

Fax: (941) 237-4936





Office Hours:

Monday - Friday 8:30AM to 5:30PM

 

 

 


*Sales info provided for reference only and does not indicate an appraised or guaranteed value.  Please research all properties yourself or hire a licensed appraiser to determine what you believe to be its true value.  Our determination of what a property needs is only an opinion.  There may be other issues with the property that need to be remedied.  You will need to make your own determination as to what renovating is required to bring the property to its full potential.


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