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
ComparableSoldSize
2614 Seidenberg Ave$1,112,5002,408 sq ft
2109 Seidenberg Ave$1,180,0001,554 sq ft
2800 Staples Ave$1,450,0002,058 sq ft
2819 Fogarty Ave$1,600,0001,651 sq ft
1230 5th St$1,385,0002,236 sq ft
2105 Fogarty Ave$1,200,0001,578 sq ft