Property offered in Lehigh Acres in Area of 12th St West & Gunnery!, Florida. Here is one amazing value. This House is offered by Owner located in Florida. Built around 1997 the property is approximately ??? square feet. Minimum offer is $49000.
ABSOLUTE - CASH - AUCTION! Any Questions Call, 1-866-737-3122 You Are Bidding on The Full Purchase Price! You Are Bidding On: A Beautiful 1997 3Br-2Ba-1Car Gar 2,037sf House, on a 10,000sf Lot, In Lehigh Acres, in Lee County Florida, minutes from Beaches, Restaurants, Major Retail Shopping, All Major Medical, and close to the New S.W. Florida International Airport, the NEW Boston Red Sox Spring Training Stadium and all Major Highways!! Minutes from US41 or I75 or SR80 THIS HOUSE WAS ASSESSED in 2006 for OVER $172,000.00! HOUSES SOLD IN THIS AREA BETWEEN $175K and $250K in the year 2006/2007! Up for auction is a 1997 2,037sf 3-Bedroom, 2-Bath, 1-Car Garage Home, On a 10,000sf lot, Large Front Yard, Large Back Yard, Fenced In, Large Kitchen, Open Floor Plan to Living and Family Room, Formal Dining, New Cabinets, Entire House has Floor Tiled, including Tiled Kitchen and Bathroom Floors, House is located in a fully developed area of Lehigh Acres Florida, Full of Nice Neighbors. Close to Library and Schools, Totally Populated Area. A full closing with clear title and a full warranty deed and title insurance is offered! This is an Investors Desirable House that IS Currently Rented and Producing $800/mth Positive Cash Flow! OTHERS AVAILABLE LIKE IT for CASH BUYERS ONLY, for under $54,900.00 ****NO ASSOCIATION FEES**** ****NO CHINESE DRYWALL**** ****INSPECTED & CERTIFIED**** IF YOU ARE AN INVESTOR YOU MUST READ THE NEXT ENTIRE SESSION! THE SW FLORIDA REAL ESTATE MARKET IS PROJECTED TO MAKE A FULL RECOVERY IN LESST THAN 2-YEARS! If you are looking to quadruple your money in 2-3 short years read on, or if you are looking for a high end property (with PROVEN high income potential) for a second home in what is already an Upscale Community in a High End Growth Area of the Country, THAN THIS OPPORTUNITY IS FOR YOU!! Don’t miss out, Just as we had the Bubble that exploded, now we have the extreme opposite! Bid On This Property NOW! or Call Now for a FREE List of these homes - 1-866-737-3122 SORRY! The following Information has changed; the going price per square foot at Foreclosure is now $36-$38/Sq. Foot. But the Strategy Remains The Same! Our team purchases between 3 to 4 homes every week for Investors such as yourself, these homes are purchased in Foreclosure so you cannot get prices lower than these, they just don't exist. We are currently paying between $32-$34 per Square Foot under air (BUT SOON IT WILL ALL CHANGE). As an example for a 1300sf home under air, we would be buying it for around $41,600.00. This same 1300sf home sells today (BUT SOON IT WILL ALL CHANGE) for around $65/sf - so this same home will retail today for around $84,500.00. If you wanted to buy and hold until the market corrects itself and home prices in this area pick back up, we are also pursuing this and we are renting these homes for an average of $900/month. The Buy/Hold Strategy will allow you to realize unimaginable returns (Just Look at the Buy/Hold Actual Chart Below) - So the whole Investment opportunity right now is a NO-BRAINER! This will not last however because the correction is already upon us, and there is very little time left, Actually the market has already changed, but you can call us and we will explain. The Market has seen a 17% increase in prices over the last two months. Once the current inventory of Bank Owned and Foreclosed home properties runs short, the prices will adjust quickly (almost overnight) and will probably return back to normal and settle between $150k-$170k, remember that construction cost to build these homes is around $90-$100 per square foot - and this hasn't changed - and it can't, these houses have to adjust up at least to the cost of construction - the land, material & labor costs. Only the people with Hind-Sight who realize the opportunity will actually seize the moment - many of them will become billionaires. In Lee County the Inventory of homes for 2008 was over 34%, in 2009 the inventory of homes was just over 17%, by the end of 2010 the inventory of homes was reduced to just below 7%, what do you think the existing inventory of surplus home is going to be in 2011. Also, the number of new foreclosure listings has dropped every single month - and this has been happening for the last two years. We are at the end - so seize the opportunity while you still can. With dwindling inventory levels It's a little more difficult now to acquire these properties, but you still have a chance. If you have been following the market in this area, you probably have seen the prices shift and started to change. Our team specializes in this market segment and is buying these homes for a discount from the Banks and in Foreclosure (We only buy later model - newer homes 2004 and up, between 1300-1800sf under air), sometimes with a Pool. The typical home sold back in 2006 for an average of $250k. Today the buy and hold scenario makes very much sense since the taxes are so low, under $80/mth for most properties. With principal and interest at the ever lowest levels of under 5%, on a $45k loan P/I is only $250/mth, insurance in this area is another $50/mth. So all together you are paying under $400/mth with everything and collecting on an average of $900/mth in rents. When the market corrects itself in a year or two, you sell this same property conservatively for $125k that you purchased for $45k and you pocket $80k-$90k, plus your two years of positive income in rents at $500/mth, that's another $12k. That is $92k-$100k of income in two years on a $45k investment. We call this the "101's On How To Triple Your Money in Two Years". Don't sit on the sidelines any longer so BID ON THIS PORPERTY NOW, or give us a call at 1-866-737-3122 and we will send you the list of upcoming properties for FREE! A Word of Caution! There are many Copy Cats out there, people who see our ad and copy it verbatim, they may own a home they want to sell or maybe they are just trying to get into the business, so they make up stuff or copy our ads telling you that they can do the same. Don't fall victim to this. Ask for Proof! You may have seen our ads elsewhere - don't just take what they tell you. Ask to see proof or a track record of their purchases & sales. We have been in this business for over 25 years, investing in Florida Real Estate. We not only assist the investor in buying, restoring, marketing, selling and/or renting the properties for the Investors and for our Clients, but we process all the paperwork, handle all the back office work and negotiations with the County(s), Attorney(s), Title Company(s), and even assign a personal liaison to oversee the processing of your transaction to ensure a seamless and timely closing. We are the Silver Lining of Today's Economy; in essence we provide our Clients the benefit of having the freedom to focus on their other endeavors. FOLLOWING IS A LIST OF JUST A FEW OF THE PURCHASES & HOUSES SOLD FOR INVESTORS! (Outdated – Call for Updated Info!) Gold Coast Investments, Corp., Investors Profit & Loss Sales History, Buy & Sell Address Purchase Amounts Purchase Date Sales Amount Sales Date Rents Collected Gross P&L ROI DAILY ROI 1 - 32 NW 15TH PL, CAPE CORAL FL 33993 $65,100.00 10/25/2010 $92,000.00 SELLING $0.00 $26,900.00 41.32% 0.51% 2 - 2550 SAWGRASS LAKE CT, CAPE CORAL FL 33909 $85,100.00 10/25/2010 $129,900.00 PENDING $0.00 $44,800.00 52.64% 0.65% 3 - 1037/1039 ALBANY AVE, LEHIGH ACRES FL 33971 $30,900.00 10/1/2010 $68,000.00 PENDING $2,712.84 $39,812.84 128.84% 1.23% 4 - 3016 17TH ST W, LEHIGH ACRES FL 33971 $66,300.00 8/3/2010 $105,900.00 PENDING $4,092.84 $43,692.84 65.90% 0.40% 5 - 1053 ASTHER ST E, LEHIGH ACRES FL 33974 $66,300.00 8/24/2010 $106,000.00 12/15/2010 $2,760.00 $42,460.00 64.04% 0.57% 6 - 722 PINECASTLE DR, LEHIGH ACRES FL 33974 $72,800.00 9/28/2010 $105,000.00 PENDING $2,262.84 $34,462.84 47.34% 0.44% 7 - 1809 NE 4TH AVE, CAPE CORAL, FL $50,100.00 7/7/2010 $86,800.00 9/14/2010 $1,830.00 $38,530.00 76.91% 1.11% 8 - 312 NAPLES AVE S, LEHIGH ACRES, FL $52,700.00 9/20/2010 $82,300.00 9/30/2010 $0.00 $29,600.00 56.17% 5.62% 9 - 814 GEROLD AVE, LEHIGH ACRES, FL $35,100.00 10/5/2010 $78,000.00 10/21/2010 $480.00 $43,380.00 123.59% 7.72% 10 - 5306 3rd St W, Lehigh Acres FL 33971 $41,100.00 6/29/2010 $64,000.00 PENDING $5,022.84 $27,922.84 67.94% 0.34% 11 - 425 Broadmoor St, Lehigh Acres, FL 33974 $38,200.00 10/19/2010 $63,000.00 PENDING $2,262.84 $27,062.84 70.85% 0.82% 12 - 638 Sunflower Ave S, Lehigh Acres, FL 33974 $42,100.00 9/8/2010 $67,500.00 12/10/2010 $2,130.00 $27,530.00 65.39% 0.70% 13 - 703 NE 23rd Ter, Cape Coral FL 33909 $65,200.00 3/26/2010 $120,000.00 10/28/2010 $5,460.00 $60,260.00 92.42% 0.43% 14 - 536 Redwood Ave S, Lehigh Acres, FL $31,000.00 8/5/2009 $55,100.00 4/15/2010 $6,990.00 $31,090.00 100.29% 0.40% 15 - 370 Grant Blvd, Lehigh Acres, FL $47,000.00 10/10/2008 $72,000.00 12/3/2010 $22,770.00 $47,770.00 101.64% 0.13% 16 - 3608 6th St SW, Lehigh Acres, FL $44,300.00 4/6/2010 $75,000.00 8/5/2010 $3,060.00 $33,760.00 76.21% 0.63% 17 - 916 Sentinela Blvd, Lehigh Acres, FL $37,800.00 4/6/2010 $60,000.00 6/4/2010 $1,200.00 $23,400.00 61.90% 1.05% 18 - 3586 Malagrotta Circle, Cape Coral, FL $97,000.00 9/10/2009 $185,000.00 12/23/2009 $2,520.00 $90,520.00 93.32% 0.90% Average Totals $53,783.33 $89,750.00 $3,641.90 $39,608.57 77.04% 1.31% FOLLOWING IS A LIST OF JUST A FEW OF THE PURCHASES & HOUSES SOLD FOR INVESTORS! FOR THE BUY & HOLD SCENARIO! (Outdated – Call for Recent Info!) Gold Coast Investments, Corp., Investors Profit & Loss Projections, Buy/Hold Scenario Rents Collected Per Month $900.00 Current Price Per Sq. Ft. Re-Sales $55.00 Yearly Appreciation Factor 8% Existing Investor Inventory Purchased Amount Purchased Date Sq. Ft. Under Air Current Sales Value 3-Year Sales Projection Amount 3-Yrs Gross Profit/Loss With Rent Collections 3-Years ROI 5-Year Sales Projection Amount 5-Yrs Gross Profit/Loss With Rent Collections 5-Years ROI 8-Year Sales Projection Amount 1 741 CHAMBERS, LEHIGH ACRES FL 33974 $41,900.00 9/1/2010 1,509 $82,995.00 $104,549.80 $136,949.80 326.85% $121,946.88 $175,946.88 419.92% $153,617.95 2 2825 NW 21ST PL, CAPE CORAL FL 33993 $80,400.00 9/10/2009 1,793 $98,615.00 $124,226.50 $156,626.50 194.81% $144,897.79 $198,897.79 247.39% $182,529.48 3 118 VIEWPOINT DR, LEHIGH ACRES FL 33972 $36,300.00 4/27/2010 1,235 $67,925.00 $85,565.94 $117,965.94 324.98% $99,804.11 $153,804.11 423.70% $125,724.43 4 2304 NW 7TH ST, CAPE CORAL FL 33993 $63,100.00 5/25/2010 1,458 $80,190.00 $101,016.31 $133,416.31 211.44% $117,825.42 $171,825.42 272.31% $148,426.09 5 2514 14TH St SW, LEHIGH ACRES FL 33976 $63,100.00 6/14/2010 1,966 $108,130.00 $136,212.66 $168,612.66 267.21% $158,878.44 $212,878.44 337.37% $200,141.08 6 3404 56TH St W, LEHIGH ACRES FL 33971 $40,000.00 9/3/2009 1,458 $80,190.00 $101,016.31 $133,416.31 333.54% $117,825.42 $171,825.42 429.56% $148,426.09 7 3211 8TH ST SW, LEHIGH ACRES FL 33976 $55,100.00 8/31/2010 1,674 $92,070.00 $115,981.68 $148,381.68 269.30% $135,281.04 $189,281.04 343.52% $170,415.14 8 1109 NW 20th AVE, CAPE CORAL FL 33993 $49,000.00 8/26/2010 1,969 $108,295.00 $136,420.51 $168,820.51 344.53% $159,120.88 $213,120.88 434.94% $200,446.49 9 4101 5TH ST, SW, LEHIGH ACRES FL 33976 $35,000.00 5/15/2009 1,574 $86,570.00 $109,053.27 $141,453.27 404.15% $127,199.73 $181,199.73 517.71% $160,235.03 10 1202 EUCLID AVE, LEHIGH ACRES FL 33972 $29,000.00 1/22/2009 1,692 $93,060.00 $117,228.80 $149,628.80 515.96% $136,735.67 $190,735.67 657.71% $172,247.57 11 4409/11 25TH ST SW, LEHIGH ACRES FL 33973 $58,500.00 4/20/2010 2,166 $119,130.00 $150,069.49 $182,469.49 311.91% $175,041.05 $229,041.05 391.52% $220,501.32 12 4319 12TH ST W, LEHIGH ACRES FL 33971 $52,000.00 2/18/2010 1,993 $109,615.00 $138,083.33 $170,483.33 327.85% $161,060.40 $215,060.40 413.58% $202,889.72 13 3111 12TH ST W, LEHIGH ACRES FL 33971 $63,000.00 10/23/2008 1,408 $77,440.00 $97,552.10 $129,952.10 206.27% $113,784.77 $167,784.77 266.33% $143,336.04 14 2526 SW 10TH AVE, CAPE CORAL FL 33914 $74,800.00 8/14/2009 1,712 $94,160.00 $118,614.48 $151,014.48 201.89% $138,351.93 $192,351.93 257.15% $174,283.59 15 3001 5TH ST SW, LEHIGH ACRES FL 33976 $37,400.00 8/8/2008 1,472 $80,960.00 $101,986.28 $134,386.28 359.32% $118,956.80 $172,956.80 462.45% $149,851.31 16 3833 SW 15TH AVE, CAPE CORAL FL 33914 $58,800.00 5/7/2009 1,378 $75,790.00 $95,473.57 $127,873.57 217.47% $111,360.37 $165,360.37 281.23% $140,282.00 17 3211 8th ST SW, LEHIGH ACRES FL 33976 $55,100.00 8/31/2010 1,674 $92,070.00 $115,981.68 $148,381.68 269.30% $135,281.04 $189,281.04 343.52% $170,415.14 18 4321 12TH ST W, LEHIGH ACRES FL 33971 $64,900.00 5/28/2010 1,714 $94,270.00 $118,753.05 $151,153.05 232.90% $138,513.56 $192,513.56 296.63% $174,487.19 19 368 MCARTHUR BLVD, LEHIGH ACRES FL 33974 $40,100.00 7/16/2009 1,479 $81,345.00 $102,471.27 $134,871.27 336.34% $119,522.49 $173,522.49 432.72% $150,563.92 20 2610 46TH ST SW, LEHIGH ACRES FL 33976 $34,000.00 5/7/2009 1,497 $82,335.00 $103,718.39 $136,118.39 400.35% $120,977.13 $174,977.13 514.64% $152,396.34 $1,031,500.00 $2,921,975.42 302.82% $3,732,364.92 387.20% CALL US and We Will Send you A List of Properties for FREE - And our History of the BUY/HOLD Strategy! PLEASE CALL WITH ANY AND ALL QUESTIONS @ 1-866-737-3122 or e-mail info@gcimiami.com Area Description: Fort Myers, Cape Coral, and Lehigh Acres, is in Lee County and is located on the West Coast of Florida, minutes from the sandy white beaches of the Gulf. Present are all restaurants, shopping and retail stores like Wal-Mart, Lowes and Home Depot. Lehigh Acres and Cape Coral are an up and coming City conveniently located close to Naples, Bonita Springs, Fort Myers, Punta Gorda, Port Charlotte and Tampa. and Major Medical Hospitals and minutes from the South West International Airport. The two major growth drivers in Lee County and the rest of South West Florida are just east of Intestate-75. The Southwest Florida International Airport is one of them. Servicing South West Florida, Its extraordinary growth as an air hub is expected to make it the eighth busiest airport in the nation by 2011. Increase in passenger traffic and cargo shipments have been phenomenal. The Miami and Ft. Lauderdale airports have run out of room for expansion, and cargo aircraft that don't have the range to reach Miami or Tampa, are making South West Florida International their preferred port of entry for distribution to the South West. Paralleling all this is a 2,700-acre track, south of the airport and north of Alico Road, with 160-to-200 acres scheduled for development as a technology and research park. The location is considered ideal for these purposes because of its proximity to the airport on one side and the Florida Gulf Coast University (FGCU) on the other. New Hospitals are being developed in Fort Myers and Cape Coral, the newest one is a VA Hospital in Cape Coral. Also the Spring Training Stadium for the Boston Red Sox is locate in Fort Myers close to the downtown area and it attracts 30,000 visitors during the sprint training season per year. New infrastructures are being built including the widening of I75, State Road 82 and many of the major roads to add more lanes. The Newest Construction Project in this immediate area is the New Boston RED SOX SPRING TRAINIG STADIUM!, this eagerly anticipated projected is projected to bring $27-Million Dollars in Revenues per year into the area. The New Stadium is scheduled to be completed for the BOSTON Red Sox Spring Training Season of 2012! Surrounding the New Stadium will be Retail Shops and City Walks and all this is located just 2-miles from Lehigh Acres Florida. Come enjoy all that Florida has to offer in the beautiful community of Lehigh Acres in Lee County! This is a ready build residential home in a fully populated area of Lehigh Acres; it is near shopping centers and schools. The area is semi developed and there are many homes and neighbors that surround it. This home is located close to Sunshine & Lee Blvd - Close to Shopping, Restaurants, and just 12-15 minutes from Downtown Fort Myers and the River District. The lot is 80 X 125 or 10,000Sq. Ft. Lot already developed. Again I would like to emphasize. This is a Preferred Investors House. Situated near Hwy I-75, minutes from US-41, In Lehigh Acres near the Fort Myers Southwest Florida International Airport, and Downtown Fort Myers and the River District, Just several minutes from the River that leads to the Golf of Mexico, Look at the MapQuest. The Property Is Rented for $800.00/mth and is Currently Under a 1-Year Contract/lease, with Auto Renewal for a 2nd Year. Property Address: Property Size: 4103 13th Street West, Lehigh Acres, Florida, 33971 Lee County Florida 10,000sq ft. (1/3 Acre) Property Parcel ID: Taxes: 27-44-26-07-00085.0090 $508.00 per 2011 Tax Year (OWED) Legal Description: Other Information: Lee County, Lehigh Acres, LEHIGH ACRES UNIT 7 BLK 85 PB 15 PG 76 LOT 9 A Full Warranty Deed Closing is Offered Plus Title Insurance. Utilities: Paved Roads Well And Septic Closing Procedures: Immediately following auction buyer will be required to make a 10% or $5,000.00 deposit whichever is Greater via certified check and bidder will be sent a formal contract for a 10 day closing via email or fax and we will Close through a local title Company. Buyer will pay All Closing Cost and outstanding taxes and will receive a full warranty deed and title insurance. Buyers Closing costs should not exceed $1,500 and if it does, we will pay the difference. The transaction is made through a title company and you will receive A Title Insurance Policy and Clear Title! Additional Property Descriptions: Property Values (2006 Tax Roll) Just 171,690 Assessed 171,690 Portability Applied 0 Cap Assessed 85,130 Taxable 60,130 Cap Difference 86,560 Exemptions Homestead / Additional 25,000 / 0 Widow / Widower 0 / 0 Disability 0 Wholly 0 Senior 0 Agriculture 0 Attributes Land Units Of Measure LT Units 1.00 Frontage 0 Depth 0 Total Number of Buildings 1 Total Bedrooms / Bathrooms 3 / 2.0 Total Buildings Sq Ft 2,037 1st Year Building on Tax Roll 1997 Historic District No