11470 SW 43rd Terr, Miami FL 33165
Great opportunity in Miami, FL!.
Single Family Home
4 Bed 2 Bath – 1,998 Sqft
Investment and Property Details
At Strandpark Properties, we believe in creating win-win opportunities. We invite our clients to sponsor rehab projects, which not only shares the financial success but also fosters a truly collaborative partnership. While we could fund these projects ourselves, we actively value the insights and involvement of our clients. This unique approach allows you to earn 80% profit from the sale of the property, in addition to your initial investment back, making it a lucrative opportunity for everyone involved.
Explore our current deals and join us in transforming properties into profitable ventures.
Purchase price:
$501,000
After Repair Value:
$780,000
Investment Duration:
46 Days (40–day renovation phase and a 6-day final closing period)
Return on Investment:
80%
Rehab Cost
$71,250
Purchase Price:
$750,000
Security
IMPORTANT NOTICE: Investment Security and Closing Guarantee
A Purchase Agreement has been signed with a committed End Buyer, providing an anticipated exit for the project.
In the event the End Buyer fails to close immediately following the property rehab completion, Strandpark Properties Limited is contractually obligated to pay the investor their full Return on Investment and Initial Investment on the exact date agreed upon by the investor and Strandpark Properties, as stipulated in the Joint Venture Contract Agreement. This serves as a principal guarantee and ensures the investor is paid on schedule regardless of the final sale timeline.
No Additional Capital Calls: The Operating Partner is solely responsible for any cost overruns, protecting the investor from being asked for further funds beyond the initial $71,250 commitment.
Information Rights: Weekly financial reporting requirements ensure complete transparency, allowing the investor to monitor the project’s financial health in real-time.
Lead Contractor
Shane Hartsell
Rehab Cost Breakdown
I. Property Clean-Out & Safety
- Scope: Complete debris removal and professional clean-out of all personal property from both the main house and the heavily cluttered secondary unit. Mandatory full inspections (Electrical, Plumbing, HVAC) on both structures. Relocate exposed exterior wiring near the house number.
- Cost: $6,000
II. Secondary Unit (Heavy Rehab)
- Scope: Extensive structural repair (due to visible damage). Full demolition and rebuild of the bathroom (fixtures, tiling). Installation of new, durable, water-resistant flooring. Replacement of visible window A/C unit with a proper, modern system (e.g., mini-split). Removal and disposal of all non-compliant equipment.
- Cost: $30,000
III. Main Unit Kitchen
- Scope: Cosmetic refresh: Paint cabinets. Replacement of wooden bar surface and existing counters with a durable, modern material. Replacement of white range and refrigerator with a new, matching stainless steel appliance package.
- Cost: $12,000
IV. Main Unit Flooring
- Scope: Full replacement of all existing flooring. Removal all white ceramic tile (bedrooms, small room) and the light wood-look laminate (living room, hall). Installation of a cohesive, modern flooring product throughout the entire unit.
- Cost: $8,000
V. Main Unit Bathroom
- Scope: Vanity Update: Replacement of pedestal sink with a modern vanity for storage. Shower: Re-grout the surround. Updating the light fixture, mirror, and all plumbing hardware.
- Cost: $6,250
VI. Paint & Trim
- Scope: Fresh, uniform, neutral-color paint on all walls and ceilings in both units (after secondary unit repair). Re-painting of all baseboards and door casings for a clean look.
- Cost: $5,500
VII. Exterior & Curb Appeal
- Scope: Major landscaping clean-up, including trimming overgrown trees and removing debris. Laying down mulch. Replacement of broken exterior light fixture and paint the front door area.
- Cost: $3,500
Total Rehab Cost: $71,250