Fantastic opportunity to own a home in South Florida at 50% or less of 2006 values

Fantastic Investment opportunities in South Florida at 50% or less of 2006 values.

The Opportunity

There has seldom been a better opportunity to enter the South Florida Real Estate Market. Prices on most properties are still down 50% or more even if some exclusive properties still hold their own and there is also indication of the return to luxury buying. The Setai’s famous PH-B for example closed recently for $15,000,000, or just over $2400/sf or $22,320/m2. Home-In-US assists you with evaluation of the different properties and similar to the situation in Europe, Condo associations can have different financial situations.

In this Newsletter

  • The opportunity
  • The Full Service Offering
  • The South Florida Market
  • Commercial Opportunities
  • The Real Estate Investment Fund
  • The Company

Foreclosure Sales and Auctions

There are also opportunities to by at further discount directly from the banks where the owners have defaulted on their loans and at the moment you can occasionally buy at a further 10 to 30% off current evaluation. This in addition to the current low market values makes South Florida the #1 place to invest at the moment and many Europeans, South Americans and Asians are taking advantage of this opportunity.

Home-in-US assists you and helps you unleash the potential and value in a property. There are always improvements that can make the property more useful and also provide a more efficient use of every square foot. Many older houses or apartments require an out of the box thinking as to how one can best transfer it into a modern and attractive living place. Questions like “should the kitchen stay where it is today” or “do we take that wall down so we can see the garden from the living room” are just two examples.

As an investor it is also important to distinguish the term of the investment. One to three years or five to ten years as the recovery will likely come faster in some areas than other. If you plan on using the property yourself its naturally most important that you are satisfied with your property and that it suits your needs and living style and is conveniently located to the areas you enjoy. Financing is available for foreign nationals.

Regardless – The time to invest in Florida is now.

More information at www.homeinus.net

Spotlight Properties

Spotlight Property #1 House on Isle of Biscaya just west of Surfside (Miami Beach)

Fantastic Location on island with just a few homes, Isle of Biscaya west of Surfside just north of Miami Beach (88st and Collins). Close to shopping and famous Bal Harbor Shops. Newer Pool, needs cosmetics, Walk to the beach. Houses in Surfside are available from 300,000.

More info and photos Here

       
Previous sold price, 2006 $ 2,570,000 Asking Price, Aug 2010 $ 720,000
Area House 3,356 sqft / 311 m2 Area Lot 12,974 sqft / 1,200 m2
Water Front Yes Distance to beach 10 min walk
Pool Yes Distance to South Beach 15 min with car
Bedrooms 3 Large    
       

 

Spotlight Property #2 House in Miami Shores

Great location close to Miami Shores Country Club and water park. Needs work, new roof etc.

More info and photos Here

Area House 2,650 sqft / 246 m2 Asking Price, Aug 2010 $ 159,000
Water Front No Area Lot 10,618 sqft / 986 m2
Pool No (there is space) Distance to beach 15 min with car
Bedrooms 3 Distance to South Beach 25 min with car
       

 

Spotlight Property #3 House in Surfside

Excellent location close to shopping and famous Bal Harbor Shops. Walk to the beach. Very good condition, needs nothing

More info and photos Here

Area House 2,650 sqft / 246 m2 Asking Price, Aug 2010 $ 500,000
Water Front No Area Lot 10,618 sqft / 986 m2
Pool No Distance to beach 10 min walk
Bedrooms 4 Distance to South Beach 15 min with car
       

Spotlight Property #4 Flamingo Condominium Studio in Miami Beach

The Flamingo is one of South Beach’s hottest high-end high-rise and represents luxury living. Enjoy the greenery surrounded by the bay of this extraordinary location. At The Flamingo there is always a pool party going on and Condos can be found from 500 to 3000 sqft (46 to 280 m2).

More info of the Flamingo Here

Area House 584 sqft / 54 m2 Asking Price, Aug 2010 $ 90,000
Water Front Yes Monthly Fee $ 500
Pool 2 Distance to beach 15 min walk
Bedrooms 0 Distance to South Beach 0
     

Spotlight Property #5 The Loft Condominium, 2 Bedroom, Downtown

The Loft has the most amazing view of the Bay, Downtown, AA Arenas and New Arts Center. This one of a kind building has excellent security systems, valet parking and great amenities.

More info of this property Here

Area House 1056 sqft / 98 m2 Asking Price, Aug 2010 $ 125,000
Water Front No Monthly Fee $ 636
Pool 1 Distance to beach 10 min with car
Bedrooms 2 Distance to South Beach 10 min with car
   

Spotlight Property #6 The Setai, 2 Bedroom, Miami Beach – South Beach

Starting with a perfect oceanfront setting in the heart of South Beach, the Setai is a private, luxurious world that is more than a condominium, hotel, and resort…it is a way of life. Set amid tropical gardens and sparkling pools at the edge of the Atlantic Ocean, The Setai introduces the Asian traditions of simplicity and elegance to South Beach. A lavish spa and health club, and an extraordinary restaurant and bar add to this 5-Star experience. Penthouse B recently sold for $15 mil and Penthouse A is currently offered for $27 mil. Penthouse A and B are the same size, 6000 sqft / 557 m2. Virtual Tour

More info of the 2/2 at Setai Here

Area House 1198 sqft / 111 m2 Asking Price, Aug 2010 $ 1,250,000
Water Front No Monthly Fee $ 2,300
Pool 2 Distance to beach 0
Bedrooms 2 Distance to South Beach 0
   

The Full Service Offering

We offer the following services

  • Normal consultation and administration related to purchasing and selling a property from $100,000 to million dollar residences
  • Property Management
    • Administration of Short and Long term leases
    • Property Maintenance / Reconstruction
    • Cost Control
    • Improvement / Construction / Potential
      • The best deals often need some TLC and it’s important to quickly determine what would be required to transform the property to something attractive. Many properties have obsolete floor plans and adding a modern and open kitchen and changing the floor plan increase the value significantly.

The South Florida Market

Prices plummeted between 2006 and 2009 and the real estate market is currently characterized by significant local variations, in many cities or communities the number of properties for sale is more or less back at normal levels. Other areas where there was more speculation and new production like Downtown Miami continue to see an oversupply and extreme price pressure.

Commercial Opportunities

There are equally good times to buy Commercial real estate. Everything from smaller to large office, apartment, hotel and retail buildings are on sale. It’s now again possible to purchase a building and get a reasonable return at full financing.

Real Estate Investment Fund

The fall of 2010 will mark the start of our investment fund. The goal with the fund is to provide a solution for people that want to be part of the Florida real estate market recovery without having to own or maintain their own personal property.

The Company

We specialize in creating personal wealth from Real Estate investments. The Home-in-US team has experience from management of international real estate equity totaling over $10 billion in assets and transactions totaling nearly $500 million as well as numerous smaller real estate “make over” projects, the first in 1993.

More information at www.homeinus.net

Email: info@homeinus.net USA: +1 786 664 8290 SWE: + 46 8 715 0500
690 Lincoln Rd, Suite 300, Miami Beach FL, 33139

About admin

Speak Your Mind

*