
10200 E Broadview Dr, Bay Harbor Islands, FL
Acquisition Price: $2,400,000
Disposition Price: $2,900,000
Hold Period: 11 months
Scope: Full renovation including façade improvements, windows, floors, bathrooms, interior upgrades and cosmetic repositioning. The asset was acquired at a discount and repositioned to increase value prior to resale.
2001 Washington St, Hollywood, FL
Acquisition Price: $95,000
Disposition Price: $150,000 + $65,000 renovation credit
Hold Period: ~10 months
Scope: Cosmetic renovation including doors, flooring, drywall, bathrooms, and interior finishing.
Request for more info - Under NDA
The property was syndicated to be redeveloped into mixed use 5 story apartment unit with retail on the 1st floor and 18 units mixed 1 to 2 bedrooms. existing outparcel gas station with 4 years left on the lease. the project zoning approved and project is shovel ready.
Multi-unit development planned and approved as shovel ready deal from initial partnership syndication, consisting of 2, 3 story apartments with 50 units each. fast zoning and permit expediting as well as strategic investment procurement allowed the property to be shovel ready for further leveraging for experienced local developer
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