1185 NW 92nd Ave, Pembroke Pines, FL 33024
Great opportunity in Pembroke Pines, FL.
This Pembroke home consists of 2 beds, 2 bath, 1,597 sqft of living space on a 7,500 sqft lot. Don’t miss out on this great opportunity!
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 25% 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:
$410,000
After Repair Value:
$630,000
Investment Duration:
26 Days
Return on Investment:
A 25% profit slip
Rehab Cost
$55,000
Estimated Purchase Price:
$600,000 to $615,000
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 $55,000 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
William Davis
Rehab Cost Breakdown
Demolition & Debris: $3,500
Covers junk removal and gutting kitchens/baths without moving any structural walls.
Kitchen Remodel: $12,500
Includes builder-grade RTA cabinets, laminate, and a stainless appliance bundle.
Bathrooms (x2): $9,000
New vanities, toilets, and standard tile surrounds using existing plumbing locations.
Flooring: $8,000
Installation of durable Luxury Vinyl Plank (LVP) throughout to unify the space and hide subfloor wear.
Drywall & Paint: $6,500
Patching water-damaged areas shown in photos and a full interior respray in one neutral color.
Mechanical, Electrical & Plumbing: $7,500
Covers an HVAC tune-up, new water heater, and updating all light fixtures and outlets.
Exterior & Curb Appeal: $3,000
Budget for power washing, landscaping mulch, and painting the front door for a fresh look.
Contingency Fund: $5,000
Reserved for any unforeseen issues.
Total Rehab Cost: $55,000