102 Condo Units
Location Florida,United States
Asking Price Range > $35.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2008
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Reason for Sale Divesting.
Description Bulk Sale - 102 Oceanfront Luxury Condos for sale on Hutchinson Island, Florida.
Most investors realize that one of the best real estate investments anywhere is
anything on the ocean. Here's a great opportunity for a brand new luxury
oceanfront property. The developer just wants out and is willing to sacrifice.
Construction will be completed at end of October, being sold for at 50% off the
original selling price when bought in bulk.
Luxury Condos on the Ocean in South Hutchinson Island. All units are 3/2.5-3.5 and average better than 2,500 sq. ft., including a study and large balcony facing the ocean. Granite countertops throughout, high end appliances, hard wood cabinets, high end tile. Sliding glass doors open to ocean, impact glass, storm shutters enclose balcony. Each condo comes with locked car garage and storage unit. All amenities including Pool, Tennis Courts, Gym, Game Rooms, Clubhouse.
This property is being sold below the cost to build at at $210/sq. ft. = $52,500,000. Owner is highly motivated! Owner willing to finance up to 50% of project. Also willing to sell in blocks of 10-20 units.
Click Here To Contact Seller
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