4328 NW 45th Ter, Lauderdale Lakes, FL 33319
Great opportunity in Lauderdale Lakes, FL.
This Lauderdale Lakes home consists of 2 beds, 2 bath, 1,114 sqFt of living space on a 3,984 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 70% return on your investment, in addition to your initial investment, making it a lucrative opportunity for everyone involved.
Explore our current deals and join us in transforming properties into profitable ventures.
As is Value:
$190,000
After Repair Value:
$290,000
Investment Duration:
25 Days (20–day renovation phase and a 5-day final closing period)
Return on Investment:
70% ROI
Rehab Cost
$28,000
End Buyer Agreed Purchase Price:
$265,000
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 $28,000 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
Benjamin Carter
Rehab Cost Breakdown
1. Main Living Areas, Entry, & Hallways ($7,200)
Drywall & Paint ($4,800): Patch and prime main walls, ceilings, and kitchen hallway. Paint everything a uniform off-white eggshell finish. Paint doors and baseboards gloss white.
Window Treatments ($1,400): Remove plastic vertical blinds in living room and sliders. Install black ceiling tracks with neutral linen panels.
Trashout & Deep Clean ($1,000): Dumpster rental and labor to clear out junk and deep clean tile floors.
2. Master Bathroom ($6,400)
Vanity & Plumbing ($3,100): Demo vanity. Install new 36-inch white quartz-top vanity with undermount sink. Swap faucet, showerhead, and trim kit to matte black hardware.
Lighting & Mirror ($800): Replace light fixture with a modern 3-light bar. Install black-framed mirror.
Shower & Paint ($2,500): Regrout shower tile. Paint walls and ceiling with mold-resistant semi-gloss.
3. Guest Bathroom ($4,600)
Vanity Mod ($1,200): Remove scalloped lower trim from cabinet base, sand, and paint dark charcoal. Install 30-inch white engineered stone top and sink.
Tub Area Update ($900): Pull out chrome sliding doors. Patch tracks and install heavy-duty tension rod with white fabric curtain.
Fixtures & Paint ($2,500): Clean and seal mosaic tile grout. Install new vanity light, faucet, and hardware. Paint walls white.
4. Bedrooms ($3,400)
Paint Touch-Ups ($1,800): Patch holes and spot-paint gray walls. Recoat ceilings and baseboards flat white.
Blinds ($1,100): Replace old vertical blinds with 2-inch white faux-wood horizontal blinds on both windows.
Electrical ($500): Swap outlets, switches, and faceplates for clean white decora styles.
5. Exterior & Curb Appeal ($6,400)
Concrete Coating ($2,200): Pressure wash and apply slate gray concrete stain sealant over red porch and walkway.
Façade Updates ($1,600): Remove gold fish and porch statues. Spray-paint metal window awning dark charcoal. Install modern black floating house numbers.
Landscaping & Light ($2,600): Clear overgrown brush bed on the right. Edge beds, add dark mulch, and plant low-maintenance green shrubs. Replace yard post light with a modern fixture.
Total Rehab Cost: $28,000