Florida is a baby boomer's heaven with warm climates, no state income
tax, and a relaxed coastal life style. You can play
golf, go fishing, relax at the beach, or go boating all year round. The
waterfront homes include backyard docks that lead out
to the blue ocean waters. Take a boat trip to the Florida Keys or visit
the Bahamas.
As the market has slowed down, there are new opportunities available
for new home development in niche areas. In particular,
the high end homes of Cape Coral, Florida are doing much better than
the mid to low end homes. Cape Coral is still growing
rapidly (5th fastest growing US city) and most of us project it is only
a matter of time that the market prices will follow
the population growth again.
I specialize in helping investors buy land to build spec homes below
market. I do this through my close network with some of
the most successful people in the local marketplace. One of my clients
has an off-the-market deal to offer a buyer with
excellent credit (720+) a unique opportunity to build a waterfront home
for only $10,000 down that is projected to have
substantial equity after it is built.
Preconstruction price: projected about $850,000
$200,000-$300,000 projected equity when completed
$10,000 down
I am experienced in putting this kind of program together for many
others, including out-of-state investors. I have the
contacts and other necessary elements to assist you, thus making your
job easy.
Mike Houston, Licensed Florida Realtor with Mike Houston PA
239-895-4202
www.investmentpropertysfl.com
(Disclaimer: All information presented here is based solely on opinion
and is subject to change without notice; no guarantees
are made or implied. All projections, examples, and pictures are for
illustration purposes only. Some restrictions apply.)