Most
Profitable Investments
No.
1 Real Estate Investment in SW Florida:
NEW SINGLE FAMILY
HOUSE IN CAPE CORAL
Currently, the best investment in Southwest
Florida is a single-family house. We have
a spec house that is 1,718 square foot of
living space. It works very well for the
annual rental market or you could sell it
upon completion and realize a net profit
in just the period of time it takes for
the build process.
This spec house is the perfect size for
a starter home and rents very well at $1,100
per month or more. It is a 4 bedroom, 2
bath, 2 car garage home with the popular
Florida split bedroom floor plane and Great
Room.
[View Printable Info Sheet]
The
following standard features would be considered
options with other builders: Three Dimensional
Shingles, Landscaping package, CBS construction
(concrete block on slab), 11 Seer A/C unit,
Gutters & Downspouts on Front of house
(helps protect your landscaping), Cathedral
ceilings, Ceramic Tile in wet area and high
traffic areas, 10 x 15 Lanai, Raised panel
doors, upgraded carpet and pad, and upgraded
raised panel kitchen and bath cabinets ($1,800
option with most builders). $265,000 includes
lot, house, closing cost, and garage door
opener.
This is considered the investor/flip
package. If you wish to hold and
rent, then I recommend adding a sprinkler
system, washable paint, and a washer and
dryer at a cost of $4,000.
[View Spec Home Investment
Procedure]
The best lots for this investment are in
Cape Coral. Additionally, you should expect
12 months for build time. The house and
lot will appreciate during construction
and typically will appraise at 20% to 30%
higher than your purchase price. This is
one of the reasons that this is a popular
investment.
Benefits include: high rental demand and
better than average appreciation. There
is a bright 5 to 10 year outlook for Southwest
Florida real estate.
Contact
us for other great Florida Real Estate investment
opportunities.
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