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Ocean Marine Yacht Club up to 50 percent below mar

Location:
Florida - America

Property Reference:
PA53-AZU3X5Y

Price:
£226,500

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Property Details

Welcome to Ocean Marine Yacht Club, South Ocean Drive – THE stylish new address in South Florida.

Located in Hallandale, just minutes north of Miami Beach and within easy reach of Miami and Ft Lauderdale Airports, Ocean Marine Yacht Club occupies an exquisite position nestled between the Atlantic Ocean and Intracoastal water way.

Fabulous views abound in all directions and take in the cityscape, beaches, multi-million dollar homes and exotic watercraft en-route to the ocean.
Ocean Marine has been developed with a luxury lifestyle firmly in mind and offers state of the art facilities throughout.

The opportunity to purchase deeply discounted real estate in the Miami area is here and now. Purchasing the real estate is the beginning of a successful transaction. There are other factors that must be well planned to ensure a profitable transaction. Ocean Marine and Yacht Club offers everything a buyer could ask when purchasing a luxury condo building. We have negotiated a 40-50 percent discount with the developer’s lenders and can pass on the savings to our clients.

The US is going thru a very challenging time with its banking system. We have found a private lender that understands the building’s value and the management plan. The lender is offering loans to non US residents with only 10% deposits. Once a buyer closes on a condo we have property management and rentals in place. Our developer has been managing property and working with the world’s leading tour and travel operators for over 23 years. We think outside the box at any opportunity that adds value or reduces liability.

Our developer has formed a JV that offers a 3 year management agreement where all expenses are paid, nothing to worry by the owners, and they can enjoy the use of their vacation condo for 2 weeks per year. Additionally and in an effort to reduce liability the JV, thru the lender, will offer a buy back option. At any time after the first 6 months the buyer can give back the condo, be released from all mortgage liability, and receive their 10% deposit back. At the end of the 3 years the owner has the option to sell the condo for a profit or extend the management agreement.

OMYC offers a great RE upside with mitigation to the downside. The buying opportunities of today offer possibilities of great profit and wealth. There are many puzzle pieces in a successful transaction. All pieces of the puzzle must come together. We can put these pieces of the puzzle together with you.

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