3371 NE 5 Avenue Pompano Beach FL 33064
–Sweet 4/1 Deal In Pompano Beach–
—Great Neighborhood for a Rental—
—Get more than 10%+ CAP even after a full rehab–
Price: $170,000 OBO
Address: 3371 NE 5th Ave. Pompano Beach, FL 33064
Square Feet: Total 1004 sqft / Under Air 900
Lot Size: 0.1722 acres / 7,500 sf
Terms: For Sale
Property Type: Home
Year Built: 1956
Const. Type: CBS Construction
- No Showings till Tenants Vacate
- Asking: $170,000 OBO
- As-Is Value is: $185,000
- After Repaired Value as a 4/2 is: $250,000
- After Repaired Value as a 3/1 is: $230,000
- Rehab budget is: $40,000
- Average Rent in the area is: $2,025
- Rental Cap Rate after rehab: 10.62% (owner pays taxes/tenant pays utilities)
- No HOA
House is a 4/1, originally a 2/1, built out area in back (FL room) and area on side (now called utility room, this is a large master bed owner says). Added addition to existing concrete & roof / so just extended without permits, House is on city water & sewer and has pipes already laid down in the area inside for a 2nd bath.
House is currently tenant occupied and in process of eviction.
We were not able to get pictures and No showings until tenants are out. Only sight unseen offers till then
rehab needed: roof (pitched and flat), kitchen, bath, 2nd bath, floors, trim doors, AC (new unit), paint, landscape. possible legalization of additions.
Asking $170,000 OBO
Text ‘SUNSHINE’ to 484848 to receive wholesale deals via text message
Please note all properties are sold to cash investors only
(cash, hard money or Private Money Loans only no mortgages)
Please note all offers must be with zero contingencies (no inspection period or any contingencies)
Realtors – please add your commission to our price!
Please inspect the property prior to submitting your offer.
All properties are sold “As Is”. Your offer will be considered accepted and the property will be marked “sold” only when we have:
- A signed and executed purchase and sales contract
- A deposit from you at our title company Independence Title (wire only no checks)
Please note that most of our properties sell at or above asking price
We get multiple offers on our wholesale deals often within a few hours of sending out our email blast. Low ball offers will be automatically rejected.
TO MAKE AN OFFER NOW CALL (561) 544-7173 (Mon to Fri 9 a.m. to 5 p.m. EST)
Or EMAIL YOUR OFFER anytime 24/7 to: firstname.lastname@example.org
If you need showing instructions for this property, please TEXT (561) 544-7173
If you have any questions about this property, please EMAIL your questions to: email@example.com
Cash Purchase Only. Buyer to pay all buyer and seller closing costs. Closing to be conducted by Independence Title.
Please do not disturb occupants. All showings, if available, to be coordinated by Sunshine State Investment Properties.
*NO DAISY CHAIN PROPERTIES: PROPERTIES FEATURED ARE CONTROLLED BY SUNSHINE STATE INVESTMENT PROPERTIES EXCLUSIVELY* REQUIREMENTS TO PURCHASE OUR PROPERTIES ALL PROPERTIES ARE OCCUPIED DO NOT DISTURB TENANTS ALL SHOWINGS TO BE COORDINATED WITH SUNSHINE STATE INVESTMENT PROPERTIES ****BUYER TO PAY BOTH BUYER’S AND SELLER’S CLOSING COSTS**** ALL PURCHASES REQUIRE A $10,000 DEPOSIT TO INDEPENDENCE TITLE CASH, HARD, or PRIVATE MONEY LOANS ONLY BUYER TO COMPLETE THEIR OWN DUE DILIGENCE Realtors: Add your fee (whatever you like on top of our asking price) and bring us a buyer! Text ‘DEALS’ to 38470 to receive wholesale deals via text message