6740 NW 12th St. Margate, FL 33063
–Nice 2/1 Wholetail Waterfront Deal In Margate–
—Great Neighborhood for a Rental—
—Everyone likes being on the water in florida–
Price: $140,000 OBO >>REDUCED<<
Address: 6740 NW 12th St. Margate, FL 33063
Square Feet: Total 1055 sqft / Under Air 861
Lot Size: 0.0917 acres / 3,994 sf
Terms: For Sale
Property Type: Home
Year Built: 1970
Const. Type: CBS Construction
- Asking: $140,000 OBO
- As-Is Value is: $165,000
- After Repaired Value as a is: $200,000
- Rehab budget is: $20,000
- Average Rent in the area is: $1,241
- Rental Cap Rate after rehab: 8.38% (owner pays taxes/tenant pays utilities & HOA dues)
- This is a 55+ Community with the HOA at $210/month
House is a nicely maintained 2/1, that butts up to the canal He replaced the entire roof, trusses and ceiling after Wilma hit it very bad. kitchen done 7 years ago. AC newer. no major issues. screwed front windows shut because they broke. just painted outside 1 month ago.
rehab: kitchen, bath, flooring, paint, ceiling, front window fix/replacement
Asking $150,000 OBO
Asking $140,000 REDUCED!!!
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)
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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