Florida’s property market has collapsed, but with the worst seemingly over, there is a true short term opportunity to capitalize on America’s distressed Real Estate market.
It is impossible to time the absolute bottom but signs are starting to point upwards on a month over month basis, which signifies the time to buy. For this reason, USA property is considered by many to be an extremely lucrative form of investment for 2011. Prices are being held steady and new investors have the opportunity to buy into the market.
The favourable rate of exchange between the dollar and sterling, as well as the euro, also makes the USA a really exciting investment opportunity, offering buyers good value for their outlay.
With careful analysis of the rental markets nationally in the US, and also by identifying markets achieving maximum payable yields through private sector rental, there is great opportunity to capitalize on both the current need for rental property and the obvious abundance of tenants.
Latest estimates from the US Office of Statistics put the number of rental households in the United States at 36million, and growing. The combined displacement of foreclosed homeowners, and buyers who have no chance of securing mortgage finance at the loan to values they require for the foreseeable future, have in a very short space of time become the new US rental market for the medium to long term
Though Florida has been one of the hardest-hit markets in the US, large amounts of distressed and repossessed property and a sharp decrease in prices appear to have brought transaction levels back to life.
Brand new luxury detached villas with private pools in Orlando, just 3 miles from Disney;
These stunning houses were created for the vacation home and short term rental home buyer. The location, near the world’s number one destinations of Disney, Universal Studios, Sea World, the many water parks and other entertainment venues in Central Florida plus some of the country’s top golf courses makes them an ideal choice. The homes complete the picture. Set behind a pristine entrance, the beautifully-appointed single-family homes are all large floor plans with 5 and 6 bedrooms and up to 4.5 baths – each home with a pool/spa as part of its amenity set.
Furthermore, the properties are ideally located just off Highway 192, making it an easy drive to spectacular beaches on either coast.
Prices from only $273,340 - $321,570.
Mortgages available for non residents
A selection of 5 and 6 bedroom homes with 2 en suites / masters
Some properties are key ready to purchase, and others are under construction available to reserve
These can rent for around £150 per night, great for investment potential or holiday home use
Beautiful luxury community
Beautiful holiday homes
Some floor plans with games room / movie theatre.
Private Pool and Heated Spa with every home.
Tile roofs.
Paver stone drive and walkways
Some of the largest plots in the vacation market - 70 x 125 ft.
South facing homes available
Just minutes to:-
Walmart Supercenter
Publix Super Market
SuperTarget
Target
Downtown Disney
Lake Buena Vista Factory Stores
Old Town
Osceola Square Mall
Orlando Premium Outlets
The Florida Mall
Prime Outlets Orlando
The Mall at Millenia
Blizzard Beach
Typhoon Lagoon
Aquatica
Wet n Wild
Universals Islands of Adventure
Highlands Reserve Golf Club
Mystic Dunes Resort & Golf Club
Reunion Resort
Championsgate Golf Club
Celebration Golf Club
Grand Cypress Golf Club
3 Hospitals and Medical Centers
Many new shops and restaurants
Exclusive Homes with an On Site First Class Golf Course
For those seeking the best Orlando can offer:-
This development offers a clubhouse, pool , tennis courts, fitness room and a top class on site private golf course. The monthly Home Owners Association fee is only $110 and includes all these amenities (other than golf membership which is extra), a guarded gated entrance, and basic cable.
The price for the larger homes starts at $314,995.
Current prices represent a huge saving as previously it was not possible to purchase at this development below $600,000
Clubhouse images
Brand new, ready to move in home, within a gated community and in an excellent location
5 bedroom / 4 bathroom homes, approx 2700 sq ft
Priced at $269,990 with a private pool, spa and heater
Ideal for use as a second home and for short term rentals
Financing for foreign nationals is available.
Located next to the prestigious Reunion master plan development, this luxury gated community is only minutes from everything. Central Florida's attractions area is Destination, USA with Walt Disney WorldR Resort, Universal, SeaWorld and others - which serve as magnets for the vacationing families of the world. This is a single-family home community aimed squarely at those visitors to his spectacular area. The vacation home and short-term rental market finally has a quality alternative in this beautiful community.
The homes are all large - 5 and 6 bedrooms with lots of bathrooms - a perfect fit for friends and family on vacation. Residents will be thrilled to take advantage of a location only 10 miles from Disney and within 15 minutes of some of the finest golf courses in the country. The east and west Florida coasts are only a short drive in either direction. Outdoor lovers in general will discover much to love in the warm Florida sunshine. Come home and say hello to a lifestyle the rest of the world dreams about.
“Mandalay On 4th “ Condo Development
A stand-out opportunity Prices from $45,375 / aprox £28,000
A tenanted apartment surrounded by water, gardens and nature preservation areas; Mandalay On 4th offers a luxurious tropical backdrop. There are numerous lake front sun decks, extensive landscaped gardens, and a full range of onsite leisure activities, including one of the area’s largest swimming pools. In addition Mandalay On 4th represents an excellent income stream
Key Features
Prices from $45,375 / £28,000
A reduction of more than $180k from peak prices
Tenants in Place
Net Yields in the region of 6% to 8%
Fully Managed
Refurbished in 2006
Top Location
Deal Summary – Actual Examples (Existing Tenant In Place)
Unit
5309
Price
$45,375 / £28,000
Beds/Baths
Studio/One
Monthly Income
Rent
$559
Monthly Running Costs
Management
$56
Estimated Council Tax
$55
Community Fees
$116
Insurance
$35
Cash In Your Pocket
$297
Net Rental Yield
8%
Top Location
Mandalay On 4th lies on the western side of Tampa Bay, just one minute’s drive from the Howard Franklin Bridge / I-275 which is the main link road between Tampa and St. Petersburg.
Be Quick – The Best Units Will Be Gone Within 7 Days
Naturally, the best units will be taken by the early bird investor who is looking to secure a luxury tenanted apartment in one of Tampa Bay’s most outstanding communities.
Testimonial
"I have just seen my first rent payment in my bank account – thank you so much. I wish I had more cash to buy more."
- Johan Dunn, Norway – invested in 1 unit at Mandalay On 4th Create wealth by investing in a tenanted Florida apartment that pays for itself.
For buyers looking for the more luxurious US investment opportunities at the moment, here are two projects in the very centre of the affluent Fort Lauderdale area, close to Miami Beach.
Village East
Super Luxury Tenanted Apartments in the Venice of Florida. Reduced by over $200K. Full Service Management. Earn an Extra $811 per Month. Selling Fast. Prices from $128,193 / £80,000
A luxury site where you can enjoy apartment living in South Florida from just £80,000. That's less than half the original £215,000 asking price.
Back in 2005-06, these luxury apartments were selling for $340 to $380 per square foot. Current replacement costs range from $240 to $300 per square foot. But now current selling prices beat this with luxury resort living at less than 50% of the peak market price.
Village East is an A1 location. Fort Lauderdale is known as the Venice of Florida, and you'll find Village East at the strategically important SE17th Street, the gateway to the beautiful Ft Lauderdale Beach. Here, access is easy to first-class amenities like beautiful beaches, cultural attractions and Las Olas Boulevard, with its chic boutiques and restaurants.
It's a strong employment area with A-rated schools, close to the Fort Lauderdale-Hollywood International Airport and the world's largest cruise port, Port Everglades.
Prices from $128,193 / £80,000
Tenant in Place – So you receive income from day one
Net yields of around 6%-7%
A reduction of more than 50% from peak prices
Very stable rents with a trend to rent increases
Unparalleled Residential Location
“A” rated schools
Fully Managed
Resort-Style Clubhouse with Fitness Centre and Pool
A 'Property That Pays For Itself'
Apartments come with fully equipped kitchens, walk-in closets, cable or satellite TV, high-speed Internet, vaulted ceilings and a private patio or balcony. In addition, each apartment has an attached garage and there’s also a resort-style pool with grill area, clubhouse and fitness centre for resident’s enjoyment.
Village East apartments are already tenanted, so owners are making money from day one. And with South Florida property prices having leveled since mid-2009, the only way is up for Village East and owners’ investment portfolios.
Located within a growth area at the strategically important SE17th Street, the gateway to the beautiful Ft Lauderdale Beach, Village East comes with clear, viable exit strategies for both resale and rental - ensuring investors make money on their investment.
Village East is a luxury development with stunning on-site amenities that will pay for itself and offer superb long-term investment opportunities. With its high build quality, excellent location, unbeatable price and popularity with the local market - the best units are selling fast.
So, when's the best time to buy in South Florida? With property at its lowest levels since the 1980s, NOW is the time to invest. Remember, this is resort living complete with all the luxury trappings quality tenants expect, like vaulted ceilings, private patios and satellite TVs.
Since new construction has been on hold for the last 3 years demand for quality products like Village East will surge as soon as the economy picks up full steam. Based on these assumptions we project a high value increase of these properties over the next few years.
Village East is one of the most sought after developments in the area and we expect that as soon as the finance markets recover to see further increase in demand for this luxury development.
REDUCED by over $285,000. High-end Apartments with Tenants In Place. Earn an Extra $797 per Month. Full Service Management. Selling Fast. Prices from $205,781 / £128,000
The indications are that the South Florida property market bottomed in mid-2009, so this could be the perfect time to invest in Las Olas by the River. The developer could not keep up with his commitments to the lending bank, so the unsold 64 discounted units are now for sale
The units in this glorious building originally sold from between $365 and $432 per square foot back in 2005-06 BC (Before Crash). Replacement building costs today would be in the order of $260 to $300 per square foot.
You'll find Las Olas by the River in Downtown Fort Lauderdale, midway between Miami and Palm Beach. With 23 miles of beaches and 300 miles of inland waterways, Fort Lauderdale has been dubbed the Venice of America, with Las Olas Boulevard being THE destination for art galleries, fashion boutiques, cafes, restaurants, museums and theatres.
Prices from $205,781 / £128,000
Earn an Extra $797 per Month
A Reduction of More than $285,000 from Peak Prices
Tenants in Place
Unparalleled residential location, in walking distance from the world famous “Las Olas Boulevard” and “Las Olas River”
“A” rated schools
Balanced ownership vs. rental ratio in community
Built in 2000 and fully renovated in 2005
Resort-style clubhouse with fitness centre, pool and other recreational features
Net Yields in the region of 4% to 5%
Full Service Management In Place
On a site with 1200 feet of river frontage, buyers can choose from 1, 2 or 3 bedroom luxury apartments. There is access to a nature trail, a landscaped central area with tropical gardens, solarium, large pool, outdoor spa, and a poolside grill area with plasma TV and sports bar. The beach is a stroll away.
A unique feature of Las Olas is the Clubhouse, complete with massage room, yoga/palates studio, Internet bar, billiards room, fitness centre and meeting room.
This is post-crash 2011 and the keys to a one-bed apartment in Las Olas can be yours for just $216,280.
Las Olas is already tenanted, so owners will be making money from the start and with South Florida property prices widely tipped to restore themselves to previous glory in the coming years, it’s a ‘win win’ opportunity.
Located within a growth area in Downtown Fort Lauderdale - between Miami and Palm Beach, Las Olas by the River comes with clear, viable exit strategies for both resale and rental - ensuring investors make money on their investment.
Investors taking advantage of this opportunity today - will be investing at the bottom of the market at price that is less than what it would cost to build.
Since new construction has been on hold for the last 3 years demand for quality products like Las Olas by the River will surge as soon as the economy picks up full steam. Based on these assumptions we project a high value increase of these properties over the next few years.
Las Olas by the River is one of the most sought after developments in the area and we expect that as soon as the finance markets recovers to see further increase in demand for this luxury development.
Las Olas by the River presents an excellent opportunity to own a luxury South Florida investment property at a BARGAIN Price. This outstanding property will rent out easily – therefore paying for itself in the medium to long term. Prices will never ever be this low again.
Florida’s West Coast market is showing signs of leveling out. Historically, the prices for real estate in this area are among the lowest ever seen. Locally, it is reported that there are signs that people who have been ‘sitting on the fence’ are now buying. This may be due to the recent mortgage rate increase and buyers’ fears that they may have waited too long, and also it may be due to the way in which the banks have had to change their foreclose procedures, which has in turn reduced the volume of foreclosures available.
In order to ensure that buyers receive the best possible care and attention, we are partnered with highly experienced local licensed realtors, who know the area very well and have the negotiation requirements for dealing with sellers/mortgage lenders on re-sales, short sales etc. We would be very pleased to work along with you to identify your ideal property during this opportune time.
Tarpon Bay - Myakke River - Just minutes away from Boca Granda 2 Bed / 2 Bath Condo, 2nd Floor - Furnished Direct access to Gulf Private Pier for Fishing Great Sunset/Sunrise Views, Water Frontage/Access Residents Heated Pool $89,000
Punta Gorda 2 Bed Condo Patio/Porch Covered Balcony/Sun Deck Lake Bay/Harbour Frontage Lake View Landscaped Grounds Tennis and Communal Swimming Pool $64,900 Short Sale
Venice Beach 1 Bed/1 Bath Condo – Ground Floor Furnished Great Island Location - Private Beach Large Communal Pool, Laundry Room, Gazebo, BBQ Area Beach View and Frontage Beautiful Sunsets and Miles of Beach Zoned for Short Term Rentals, with On Site Management Agency
$89,500
Beach Retreat, Nokomis 1 Bed Condo Furnished Ocean to Bay View and Frontage/Access 10 Boat Slips on Site Fishing Pier Boat Ramp Outdoor Grill, Outdoor Shower, Landscaped Heated Pool Great Beach Seller Financing Available $99,000
In addition to our featured properties, specific searches can be carried out as per clients’ specific requirements.
Other Services:
USA Government Approved EB5 Investment Visas for High Net Worth Individuals with over $500,000 to invest (For a US Green Card – Permanent Residency)
USA SIPPs Compliant Commercial Property A SIPP gives you full income tax relief on the purchase price of a piece of commercial property. Furthermore, any rental income on the property will be collected tax-free in the pension fund. Proceeds from selling the property when it is sold by the pension fund will also be tax-free.
Relocation to Florida : Please contact us to discuss your requirements
