PROPERTY HIGHLIGHTS
pls add 3% for our fees
FOR SALE FROM DEVELOPER
Condo Development in the city of Tampa , FL
Built 1996
· Total Units in Development: 248
· Available for Purchase: 158 (64%)
· Offer Price: $20,000,000(+) Fees | $126,000 per unit | $124 psf
All offers will be considered
(NOT A CAP RATE DEAL - Long Term Hold with Up Side Potential)
· Studio, 1 & 2 bedrooms: Unit Matrix Available
· Unit SqFt: 1Bd 775-887 | 2Bd 1,036-1,146 | 3 Bd 1,230-1,340
· Average Unit Size for Sale : Total SF for Sale 161,086 or 1,020+/- SqFt per unit
Income and Expense Info: Property is currently 100% rented and producing $0.87 PSF or $140,000+/- monthly. HOA is $0.21 or $34,000+/- monthly and Taxes currently $0.28 PSF or $45,000+/- monthly but should be able to re-negotiate given drop in value. Property cash flows positive $60,000+/- monthly minus management fees and marketing expenses.
FEATURES AND AMENITIES
Location
The Property is located in the heart of New Tampa in Tampa , Florida . Nestled amongst multi-million dollar homes, in a prestigious master-planned community within walking distance to your every need. Enjoy quaint coffee shops, exotic restaurants and active neighborhood parks. Spend the day at famed Clearwater Beach , shop at the International Plaza or watch the New York Yankees in spring training, your chance to enjoy all that Florida has to offer.
Common Area Improvements
- New Sling Pool Furniture
- Billiard Tables for Clubhouse
- Re-seal and re-stripe parking lot
- Paint breezeway floors
Maintenance Includes
- Concierge service
- Weekly fitness classes
- Valet disposal service
- Water and sewer
- Pest Control
- Maintenance to the common areas
- Property, liability, and flood insurance for the common areas
- Membership to the exclusive “Tiffany Club”
Unit Amenities
- 9 & 10 foot ceilings
- Custom crown molding
- Intrusion alarms
- Gourmet kitchens
- Breakfast bar
- Fully equipped laundry rooms
- Screened lanais
http://www.brothers3int.com/Signin.html
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Davis Island waterfront!!
Suwanee Cir, Tampa, Fl
3bd/2ba w/ 1832 sf cb heated on a 50x125' waterfront lot
Rc: needs updating
Arv: 650k
Asking: 420k add 3% for my fee
Comments: Lot value Only is 550K! will finance 315K at 10.5% for up to 10 yrs interest only. Last sale was 650K Short sale is approved and ready to go from 800K MTG. If you like high end 60% deals this is a great one don't miss this one.
http://www.brothers3int.com/Signin.html
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· Recreation area with bar and kitchen · Billiard and Media room · Well-equipped exercise facility · Gentlemen and Ladies' change rooms · Spa · Elongated Heated Pool - 35' x 60' · Designer patio with matching lounge furniture · Two private tennis courts atop the North Tower covered garages · Tennis gallery · Visitor Parking
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Property Name:
| Oceanique |
Property type:
| High End Oceanfront Condominiums |
Number of units:
| 144 Total Units, 101 Units Available - |
Number of units Rented/Leased:
| Construction just completed |
Appraised value:
| $86,827,710 - $349 sq ft |
Approx buy price:
| $53,838,156- $216 sq ft |
City, State:
| Davey Beach, FL |
Year Built:
| 2007 |
Last Appraisal: | Bulk Appraisal done 07/08 |
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