PROJECTS

PROJECT DETAILS


MIAMI'S FUTURE.


Miami has ranked 6th on The Wealth report 2015 by Knight Frank ahead of Geneva, Dubai, Beijing and Berlin just to name a few. The report Highlights that Miami is perceived a destination to high Net-Worth Individuals (HNWI) form Latin America and World wide. Miami is the second most important city in the US following New York.


The key elements to consider when analyzing wing feasibility of a real estate development. The 10 points that can not miss in any analysis, discussed in summary, entertaining and easy.

 

1 - Remember that it is a project - An estimate of the future.

2 - Make a Business Estate Plan.

3 - Determine the strengths, opportunities, weaknesses and threats.

4 - Evaluate financial and non-economic

5 - Take into account the time value of money.

6 - Allocate adequate time revenues and expenditures.

7 - Consider the influence of taxes and inflation.

8 - Analyze first with equity and then with financing.

9 - Get always a result.

10 - Caring for the brand.

PROJECT DETAILS


INVESTING IN THE FUTURE OF MIAMI.


Today will not only ensure a booming future, but will boost the local economy many times over. The Port of Miami Tunnel project alone will provide over 170,000 jobs with $6.4 billion in wages and $17 billion in economic output. Brickell City Centre will have an economic impact of approximately $1 billion with 1,700 construction jobs already in place, and more than 5,000 jobs once completed and will add $5.4 million in ad valorem taxes to Miami-Dade County alone.

Florida Finest Homes Realty Projection of investment and great of return                                               

Guarantee provided Subject Property                                                             

 

Owner Financing                    11%    10 years       

Requirements                         12%    10 years

Income ratio   43%

Credit score   620

Down payment   10% and UP

 

Inspections city, county violations and lien search (title)

 

Investments   20,000

Closing cost and pre payments   $2000

Repair and expenses   $3000

Seller total   $25,000

Selling  price   $50,000

Expenses closing seller   $2,000

Investing Selling Price    $52,000

Selling to the buyer total   $50,000

Down payment         10%  $5,000

Buyer closing cost              $2,500

Loan amount   $45,000

 

Monthly payment 10 years   11% $620.10

                        = $74,412.00

Investment seller $22,000 = total payments $74,412.00 = return $52,412.00 (238 %)

 

Monthly payment 10 years   12% $645.75

            = $77,490.00

 

Investment seller $22,000 =  total payments $77490.00 = return $55,490.00 (252%)

 

Total payments of loan divide by initial investment and press % key will give you great of return percentage

New Projects (Now Available)


Don't miss out on this great opportunity!!!


For any information regarding the projects listed below please contact Mr. Veras at


(305) 219-1345 floridafinesthomes@gmail.com

Neovita Doral Project

Barbados by Lennar Home

Lennar Homes - Portovita - Homestead

Fresno at the Vineyards by Lennar Homes

YOTELPAD in downtown Miami

Metropica

YOTELPAD in downtown Miami, this project is perfect for the foreign or local buyer, the new innovative way to condo in Miami.


YotelPAD is the latest residential extension to the YOTEL & YotelAir brand, bringing to the market efficiently designed units to utilize the space in a way to fit everything you need without compromising on luxury.


This development is perfect for the international and local US buyer giving them the opportunity to purchase an investment with the convenience OF NO RENTAL RESTRICTIONS allowing the buyer to have the freedom to optimize his rental capacity through numerous options. As well as the option for a 2-year lease back program 8%.


Another option is that the client has the freedom to place his unit in any short-term rental sites and lease his unit on a daily, weekly or monthly basis, there are no restrictions.


The 3rd option is that the client can place his unit in the Hotel rental program, the Yotel Management will lease the unit and will take a percentage, if the client is interested in either the leaseback program or the Hotel Rental then a purchase of the furniture package will be required, I will have more details soon regarding this package.

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PROJECT DETAILS



Biltmore Parc/Beatrice Row @ Coral Gables


BILTMORE PARC

This 32 units residential luxury boutique building is under construction it is slated for a Summer 2017 completion date.

2/2 start at $1,200,000

2/2+den start at $1,300,000

3/3+den start at $1,600,000

 

DEPOSIT STRUCTURE

Initial 20% deposit:  with Contract

Additional 10% deposit: 60 days after Contract execution

Additional 10% deposit: 120 days after Contract execution

Additional 10% deposit: following notice from Seller of construction reaching rooftop

Balance (50%)  At closing