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TAMPA BAY , FLORIDA - ZERO DOWN, ZERO CLOSING, DEVELOPER LEASEBACK CONDO INVESTMENT

 
Turnkey Zero Money Down Condo Investment in Tampa Bay, Florida
Incentives
  • Developer Leaseback for 2 or 3 Years
  • Zero Down or 5% Down (depending on buyer's credit)
  • Zero Closing Costs
  • 100% of Property Taxes Paid for 2 or 3 Years
  • 100% of HOA Paid for 2 or 3 Years
  • 100% of Property Management Paid for 2 or 3 Years
  • 100% of Utilities Paid when due for 2 or 3 Years
  • 100% Home Warranty Paid for any repairs and replacements

 
Additional Incentive Details
  • Developer enters Assured Rental Master Lease with Buyer and will pay 100% of the expenses for operating, maintaining and leasing the unit during the lease term of 2 or 3 years
  • Zero Transfer Taxes
  • Zero Points
  • Zero Prepayment Penalty
  • 100% of Title & Insurance Fees Paid
  • 100% of Condo Owners Capital Reserve Paid
  • 100% of Mortgage Recording Costs, Tax Stamps & Doc Prep Paid

Your Walk-in Equity is amongst the highest in the market

Pricing

One Bedrooms from $171,000
Two Bedroom/1 Bath from $191,000

Model                                            Number     Apt            Total               HOA
                                                         Apts        sq ft         a/c sq ft      
1BR/1BTH A1/Atlanta                       8            735             655             143.75
1BR/1BTH  A1S Atlanta                    8           735             735              161.31
1BR/1BTH  A2 Charlotte                 42           813             726              159.331BR/1BTH  A2S Charlotte                6            813             813              178.42

2BR/1BTH B1 Raleigh                     36           916           1029              201.03
2BR/1BTH B1S Raleigh                  12          1029           1029              225.83
2BR/2BTH B2 Memphis                108          1121           1046              229.56
2BR/2BTH B2S Memphis               24           1121           1121             246.02
3BR/2BTH C1 Nashville                 18           1411           1293              283.72
3BR/2BTH C1S Nashville               18           1411           1411             309.66

Incentive Details
Incentive Details Click Here for Developer Leaseback & Incentives
Credit Requirements
  • Closings in 2-3 weeks, Minimum Credit Score: 680


Get Information


 
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Amenities

9 ft ceilings, crown molding, chair rail, gourmet kitchens, white on white appliances, built in microwave, self cleaning ovens
Kitchen pantry, Full washer/dryer, Walk-in closets, Roman Tubs, Multi-line phone & cable outlets
Ceiling fan in bedroom, private patio/balcony, scenic preserve views, garage with remote, outside storage

 

 

ADDRESS:  Richmond Place Drive Tampa Fl 33647    
                                                                       
AREA QUALITY LEVEL: A           PROPERTY QUALITY LEVEL: A          YOC: 2001

CONVERSION (DATE) TO CONDOMINIUM: February 2006 

SITE: 26 Acres+-  

BUILDING DESCRIPTION: 2 Buildings with combined heights / 2 stories on ends and 3 stories in middle and 10 three story buildings

T0TAL NUMBER OF CONDOMINIUMS:  280                               

INDIVIDUAL GARAGES AVAILABLE: detached garages included in price with certain units.

OUTDOOR RESERVED AND OPEN PARKING: 500 spaces

CONDOMINIUM CEILING HEIGHT: 9 feet
        
INDIVIDUAL CONDOMINIUM  FEATURES: washers and dryers, screened lanais available, patios available,    

COMMON AREA AMMENITIES: Full clubhouse, 24 hour fitness center, swimming pool and recreation deck, tennis courts, extensive children’s playground, business center, some units next to wildlife preserve, individual garages available when applicable,, separate men’s and women’s pool dressing rooms, in-town location

SECURITY:  Gated community with special electronic gates, direct communications to individual apartments, perimeter fencing.
                                                  
INDIVIDUAL CONDOMINIUMS
Model                                            Number     Apt            Total               HOA
                                                         Apts        sq ft         a/c sq ft      
1BR/1BTH A1/Atlanta                       8            735             655             143.75
1BR/1BTH  A1S Atlanta                    8           735             735              161.31
1BR/1BTH  A2 Charlotte                 42           813             726              159.33
1BR/1BTH  A2S Charlotte                6            813             813              178.42                                                                    2BR/1BTH B1 Raleigh                     36           916           1029              201.03
2BR/1BTH B1S Raleigh                  12          1029           1029              225.83
2BR/2BTH B2 Memphis                108          1121           1046              229.56
2BR/2BTH B2S Memphis               24           1121           1121             246.02
3BR/2BTH C1 Nashville                 18           1411           1293              283.72
3BR/2BTH C1S Nashville               18           1411           1411             309.66

TOTALS                                         280                     
 

    • Note: Information provided by Sellers representative      


     


Tampa, Florida Facts
 
Population (year 2000): 303,447
Est. population, July 2004: 321,772 (+6.0% change)
Males: 148,050 (48.8
Females: 155,397 (51.2%)
 
Elevation: 48 ft.
 
County: Hillsborough
 
Land area: 112.1 sq. mi.
 
Zip codes: 33602, 33603, 33604, 33605, 33606, 33607, 33609, 33610, 33611, 33612, 33613, 33614, 33615, 33616, 33617, 33618, 33619, 33620, 33621, 33624, 33625, 33626, 33629, 33634, 33635, 33637, 33647
 
Median resident age: 34.7 yrs.
Median household income: $34,415 (year 2000)
Median house value: $81,500 (year 2000)
 
Population over age 25 in Tampa:
 
High school or higher: 77.1%
Bachelor's degree or higher: 25.4%
Graduate or professional degree: 9.2%
Unemployed: 8.6%
Mean travel time to work: 22.8 min.
 
Population over age 15 in Tampa:
 
Never married: 31.0%
Now married: 43.8%
Separated: 3.6%
Widowed: 7.6%
Divorced: 14.0%
12.2% Foreign born (8.4% Latin America, 1.9% Asia, 1.3% Europe)
 
Population change in the 1990s: +21,996 (+7.8%)
 
Single-family new home construction permits:
 
1996: 625 buildings, average cost: $134,000
1997: 724 buildings, average $139,700
1998: 864 buildings, average $140,300
1999: 1247 buildings, average $125,100
2000: 1437 buildings, average $129,000
2001: 1736 buildings, average $128,900
2002: 1675 buildings, average $142,100
2003: 1679 buildings, average $132,000
2004: 1618 buildings, average $143,600


 


THE TOTAL SUM OF THE “INCENTIVES” PROVIDED TO EACH BUYER, INCLUDING PAYMENT OF CLOSINGS COSTS WHERE APPLICABLE AND ALL PAYMENTS TO THE BUYER/LANDLORD UNDER THE TERMS OF THE MASTER LEASE, AS WELL AS ALL BROKERAGE COMMISSIONS PAID BY THE SELLER, ARE APPROXIMATELY THIRTY-THREE (33%) PERCENT OF THE GROSS SALES PRICE (PAID BY THE BUYER) AND ARE RECEIVED BY THE SELLER IN WHOLE OR IN PART AS A CASH DISCOUNT TO HIS PURCHASE PRICE FROM THE ORIGINAL DEVELOPER/SPONSOR
 
 
 
 
* - NOTICE: Projected financials are NOT a guarantee of future performance. All property specific information conveyed through this website is provided by third-party sources and is believed to be valid, however this company makes no claims to the accuracy of information presented herein. You are advised to refer to state mandated documents provided by the selling party for specific details related to your real estate purchase

This is not intended to be an offer to sell nor a solicitation of offers to buy real estate for any of the properties listed on this site for residents of states that are not eligible to purchase property in said locations (unless registered or exemptions are available) or in any other jurisdiction where prohibited by law

             
Phone :
800-859-9815
 
email :
sales@reinalliance.com
 
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