2932 Seidenberg Ave — Key West, FL 33040

Great opportunity in Lauderdale Lakes, FL.
• 5 beds / 2 baths
• 3,166 sq ft
• Built 1953
• 7,352 sq ft lot
Don’t miss out on this great opportunity!
Investment and Property Details
Explore our current deals and join us in transforming properties into profitable ventures.
As is Value:
$750,000
After Repair Value:
$1,450,000
Investment Duration:
35 Days (29–day renovation phase and a 6-day final closing period)
Return on Investment:
80% ROI
Rehab Cost
$280,000
End Buyer Agreed Purchase Price:
$1,350,000
Security
IMPORTANT NOTICE: Investment Security and Closing Guarantee
A signed Purchase Agreement is in place with a committed End Buyer, establishing a defined exit for the project. The End Buyer has also deposited a 20% non-refundable EMD, which is being held by Atlantic Title Firm in escrow.
If the End Buyer fails to close following completion of the renovation, the Joint Venture Contract Agreement requires StrandPark Properties Limited to pay the investor their full initial investment plus the agreed return on the exact payment date specified in the agreement, regardless of when the property ultimately sells.
The combination of the signed End-Buyer Agreement, non-refundable EMD held in escrow, and contractual payment obligation provides a clearly defined exit structure and contractual protection for the investor.
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 $280,000 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
| Renovation Item (modern upgrade) | Budget |
| Luxury modern kitchen + custom cabinetry, quartz/porcelain, island | $42,000 |
| AI/smart refrigerator + premium appliance package | $16,000 |
| Primary bathroom — luxury renovation | $26,000 |
| Secondary bathroom #1 | $16,000 |
| Secondary bathroom #2 / powder room | $10,000 |
| HVAC replacement + smart climate controls | $20,000 |
| Electrical modernization + smart-home wiring | $16,000 |
| Plumbing modernization | $13,000 |
| Impact-rated windows & exterior doors | $23,000 |
| Premium flooring throughout | $16,000 |
| Drywall, ceilings & architectural details | $12,000 |
| Interior designer-grade paint & finishes | $12,000 |
| Exterior repairs & modern exterior finish | $10,000 |
| Landscaping & tropical curb appeal | $8,000 |
| Garage/storage modernization | $5,000 |
| Smart-home/security system | $5,000 |
| Lighting, fans, doors & hardware | $7,000 |
| Demolition, cleanup & hauling | $5,000 |
| Contingency | $18,000 |
| TOTAL | $280,000 |
| Comparable | Sold | Size |
| 2614 Seidenberg Ave | $1,112,500 | 2,408 sq ft |
| 2109 Seidenberg Ave | $1,180,000 | 1,554 sq ft |
| 2800 Staples Ave | $1,450,000 | 2,058 sq ft |
| 2819 Fogarty Ave | $1,600,000 | 1,651 sq ft |
| 1230 5th St | $1,385,000 | 2,236 sq ft |
| 2105 Fogarty Ave | $1,200,000 | 1,578 sq ft |
