All Forum Posts by: Andrew Katzman

You say that the 2 properties are located on a double lot?  Depending on the zoning, I don't think $250,000 seems too out of line.  If you could split the property and build new construction, it might be a good investment.

I appreciate it.  If you or any of your clients need help with new construction or a remodel, please let me know!

I am the GC.

Previous unit sold for about $330k (all cash), and there are 2 similarly sized townhouses (less than 10 years old) on the market for rent right now in the same section of College Park.  One is listed at $2,500/month and the other is listed at $3,200/month.

The photos are included at the link below:
Harvard Townhome Photos

I am currently building a duplex (side-by-side townhouses) on a R2 lot in College Park.  The  City typically limits the improvements on R2-A lots in the traditional city overlay district to a .50 FAR.  We requested a PD and are building slightly larger units.  Each side is 3 bedrooms, 3 bathrooms with a loft (appx 2400 sf) and priced around $350,000 per unit.  

We built a similar model last year and sold half to an owner-occupant ant the other half to an investor.  

Yes, we do!

VK - We would be happy to help you with the residential management.  We have experience in a lot of lower-income types of properties (specifically 32839 and 32808 zip codes).  Most of our experience is with condo and single family home management.  We currently manage approx. 300 units in the Orlando market and are growing.  I'd be happy to discuss further when you get a chance.

I'd be happy to refer you to a commercial broker and/or lender should you desire.

-Andy

Mario,

I'd strongly consider reporting them to the Florida Real Estate Board (you can find a link on myfloridalicense.com).

I am not sure what you can do about recovering funds that were stolen that were not in escrow, but you should be protected against lost escrow money from the Florida Real Estate Recovery Fund.

We manage property in both Orlando and Tampa and I would be happy to answer any questions you may have.

Our office is in Altamonte Springs, and we manage a lot of property in the Lake Mary / Sanford area. We are happy to help with whatever you need.

We can help you in Altamonte Springs. We sell and manage investment property in the Orlando MSA.