Interested in breaking into the luxury custom home business? We are offering a Marina’s Water’s Edge Luxury Home Venture.
We have approved plans which will jump start the building process. It would be prudent to evaluate the enclosed information.
Interested in breaking into the luxury custom home business? Please read and understand that it isn’t easy. It takes a person with:
- Substantial risk funding
- Ability to recognize a great deal when presented
- Ability to research the Real Estate Market
- Able to act swiftly and decidedly
- Able to use its banking and legal relationships wisely
- Able to partner up with a developer
- Able to create a Joint Venture, partnership, or LLC
Chances are that you're already a developer, want to be one, or know someone who may be interested. We offer a Joint Venture opportunity as per the attached.
Please respond by email at dbuild16@gmail.com or call me at 305-903-4386 for more information.
Sincerely,
Joseph D. Lovermi, Manager
JOINT VENTURE / LLC OPPORTUNITY / LAND ONLY PURCHASE
We are building one; why not build two?
As the developer; we are building one of the residences for ourselves. On our other waterfront lot; we are offering an investor the opportunity to Joint Venture with us.
It may be a once in a lifetime opportunity to share (upon sale); in the profit associated with such a luxurious residence on the waterfront. With CD’s and Government Bonds paying almost nothing and the Stock Market a gamble; it would be prudent to invest in Real Estate.
Our plans are approved; and can be used with slight alterations to our Joint Venture Opportunity, thus avoiding the lengthy Review process.
Building 2 residences at the same time will save on:
- Plans & permitting
- Supervision
- Management
- Quality control
- Better Subcontractor quotations
As you can see attached; our architect has thoughtfully developed the elevations to suite the Waterfront View. The use of:
- Ambient lighting
- Scored stucco
- Wood
- Glass
- Paint colors
- Has further enhanced the already stunning look.
The ground floor (920 square feet) has:
- Storage, parking spaces for 2 cars
- Space for a small boat or Jet ski
- Covered patio deck to shelter your barbecue
- Space for outdoor furniture
- Elevator and stairs to the upper floors.
The second floor (920 square feet) 740 square feet of air conditioned space and 180 square feet of balcony with glass railings.
- Full kitchen, laundry space, & Den/Office
- Full bathroom with vanity and shower area
- Family and Dining areas
- Impact glass sliding doors to balcony with Ocean view
- Bar area adjacent to kitchen
- Custom elevator entry/exit
- Stairwell
- Ambient lighting
The third floor (920 square feet) 870 square feet of air conditioned space
and 50 square feet of balcony with glass railings.
- Large Master Suite # 1with separate glassed seating area
- Large closet
- Impact glass sliding doors to balcony with glass railings
- Spacious bathroom with large shower
- Large Bathroom #2 with vanity and shower area
- 2 additional Bedrooms with closet space
- Custom elevator entry/exit
- Stairwell
- Ambient lighting
Roof top (920 square feet) 120 square feet of balcony, 404 square feet of air conditioned space, and 396 square feet of Terrace.
- Featuring a large Master Bedroom # 2
- Huge walk-in closet
- Large Master Bath with vanity and shower area
- Front sitting balcony to enjoy sunsets
- Custom elevator entry/exit
- Stairwell
- Large Roof Terrace with barbecue, refrigerator, bar, and sink
- Seating area with fire pit to enjoy cool winter evenings
- Jacuzzi and exterior shower area
- Glass railings
- Able to view magnificent sunrises overlooking the Atlantic Ocean
- Tile deck area
- Ambient lighting
The aforementioned on Lot 124, Marina’s Water Edge has:
- 2014 square feet of air conditioned space construction
- 350 square feet of Balconies
- 920 square feet of parking/storage/covered deck
- 396 square feet of tile roof top Terrace
- Totaling a combined 3,680 square feet of construction
Let's call it Serenity.
Enjoy the refreshing breezes and the breathtaking sunrises from your second & third floor balconies or from the massive Terrace roof deck. Enjoy a refreshing jacuzzi in the moonlight. Entertain guests in the rooftop Fire Pit Seating Lounge and enjoy a rooftop barbecue.
Walk to the Club House & Pool Area for a refreshing swim or workout in the spacious gym. Enjoy cocktails on the soon to be built Marina Building with outdoor veranda.
$ 875,000.00 LAND ONLY PURCHASE
To obtain additional information referencing:
JOINT VENTURE / LLC OPPORTUNITY
Email me at dbuild16@gmail.com
A complete prospectus will be emailed to you.
Sincerely,
Joseph D. Lovermi, Manager
Design, Estimate, & Build, LLC
BUILDING/SALES PROSPECTUS
$ 600,000.00 Cost of building
$ 10,000.00 Estimated taxes
$ 60,000.00 Estimated sales commission/advertising
$ 18,000.00 Estimated lending/closing costs
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$ 688,000.00 Total cost of building, taxes, sales, & lending
$ 875,000.00 Cost of land
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$1,563,000.00 Total cost of building, taxes, sales, lending, & land
SALES
$2,200,000.00 Sales price
$1,563,000.00 Total cost of building, taxes, sales, lending, & land
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$ 637,000.00 Gross profit
$ 3,000.00 Attorney’s fees
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$ 634,000.00 Net Profit
SHAREHOLDER’S PROFIT
INVESTED
$ 700,000.00 Investment Partner 1 profit on investment $ 507,200.00 (80%)
$ 175,000.00 Investment Partner 2 profit on investment $ 126,800.00 (20%)
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$ 875,000.00 Total Investment Total Shared Profit $ 634,000.00