Tuesday, July 22, 2014

2 Good Deals on Single Family Homes Around Fort Lauderdale



As a Fort Lauderdale Real Estate Agent people are always telling me: “If you ever see a good deal, let me know.”
Okay. Here are two interesting properties I have come across in my many travels.
First is a Pool Home East of Federal Highway in the highly regarded Cove Neighborhood of Deerfield Beach. This is NOT a Short Sale or Foreclosure, so you will be dealing with an actual real live human being (always a plus these days). It is Listed for just under $300,000, and you should be able to buy this property in the high $200s.
http://www.fortlauderdalebeachproperty.com/greatdeals.html
Click Here to See More
 A spacious 1,432 square feet, this 2 Bed / 2 Bath is situated on a very large lot (9,000 square feet), features a free-form swimming pool (which seems to be in pretty good shape) and a one car garage.
This home has a lot of potential, a lot of upside. What I like is the wide open layout, You walk in the front door and you have a large living room. Beyond that is a Florida Room which was obviously a screened-in porch at some point in the past which has now been enclosed.
http://www.fortlauderdalebeachproperty.com/greatdeals.html
Click Here to See More
The Kitchen probably needs to be upgraded if you plan on living in it, however, if you were buying it as an investment to rent out it would not take a whole bunch of money to whip it into rentable shape.
If you are looking to purchase a single family home to rent out, you can give me a call or shoot me an email and I can go over how the numbers break down, but houses in that neighborhood rent annually between $2,000 and $2,400 per month
The Cove neighborhood of Deerfield Beach is located between the Intracoastal Waterway and Federal Highway south of Hillsboro Boulevard. This home's location is convenient to the beach, to shopping and restaurants. It is five minutes up US-1 to Boca Raton, and 10-15 minutes down to Fort Lauderdale.
The second property is a Waterfront Home East of the Intracoastal in Hillsboro Shores, which is one of the premier beachfront neighborhoods in South Florida. One canal has been cut into this neighborhood. People who live in homes on this waterway are literally minutes from the open ocean. From this home you are less than a mile by water from the open ocean.
http://www.fortlauderdalebeachproperty.com/greatdeals.html
Click Here to See More

With 80 feet of waterfront the house itself is large (2,300 square feet) with a wide open layout. You are not going to find anything in this price range and this kind of location which does not need updating, and this property is no exception, however the upside to this home is huge. Plus, as long as you have the space, there is plenty you can do with it.
Hillsboro Shores is a wonderful community located directly below the Hillsboro Inlet. There is a voluntary H.O.A. which you can join for a small annual fee and you get a key to the gated private beach access.
http://www.fortlauderdalebeachproperty.com/greatdeals.html
Click Here to See More

I have been watching this property, for it’s been on the market for a while. The Seller stuck to his price for a while, then lowered it $50,000 in May. The home still hasn’t sold, so the Seller has lowered his price once again. This is what I call a capitulation. He is apparently quite motivated at this point, and often in these cases the first Buyer who submits a serious written offer can come away with quite a deal.
I do not expect the home to last long on the market at its current Listed price.
If you are interested in pursuing the acquisition of either of these fine homes, contact me immediately.

No comments:

Post a Comment