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Low Cost American Flat/apartment Available

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Apartment/Flat Description

HURRY! WE NOW ONLY HAVE 12 UNITS AT OUR SPECIAL SUPER PRICES

We have managed to negotiate with the developer a release of 12 units with a Special Super Discounted Price. Mandalay On 4th is a premier Florida Buy-to-Let opportunity that is not to be missed by the serious investor.

What does this mean to you? Well, we have managed to knock off a further $10k from the open market prices.

Imagine investing in a tenanted apartment in one of the best locations in Tampa Bay, Florida, which generates income from day one; as such you do not have to worry about lengthy void periods.

With prices over 70% below 2008 prices, Mandalay on 4th investors are getting in at the bottom of the market, giving them the best opportunity to maximise growth and returns over the medium to long term.

Not only that, you will have first class management in place. As you know, when you are hundreds of miles away, it is very difficult to manage your overseas property yourself. Our management team will manage your property on your behalf, saving you time and inconvenience.

Just imagine investing in a tenanted apartment surrounded by water, gardens and preserve areas, Mandalay On 4th offers a luxurious tropical backdrop. There are numerous lake front sun decks, extensive landscaped gardens, and a full range of onsite leisure activities, including one of the area’s largest swimming pools.


WHAT MAKES MANDALAY ON 4TH SO SPECIAL:

A Reduction of More Than $180k from Peak Prices
Tenants in Place
Net Yields in The Region of 6% to 9%
Fully Managed
Refurbished in 2006
Top Location


DEAL SUMMARY – ACTUAL EXAMPLES

One Bedroom Apartment

Colordarcy SUPER Price: $61,900 / £38,000

Monthly Income

Rent: $830

Monthly Expenses

Management: $83
Council Tax: $63
Community Fees: $163
Insurance: $42

Monthly Profit

PROFIT – CASH IN YOUR POCKET: $479
Net Yield: 9%


Two Bedroom Apartment

Colordarcy Super Price: $85,900 / £54,000

Monthly Income

Rent: $1,195

Monthly Expenses

Management: $120
Council Tax: $124
Community Fees: $289
Insurance: $42

Monthly Profit

PROFIT – CASH IN YOUR POCKET: $620
Net Yield: 8%


If you are looking for a hassle free property with income from day one and priced lower than a bank repo - this is it.

With an instant income flow and prices in Florida at the bottom of the market - the lowest they have been since 1986 - you have the potential to double your money in the medium to long-term.

“Property prices at the bottom of the market benefit the well informed buyer of today” (a sentiment echoed by Billionaire Warren Buffet in his annual letter to shareholders last month).

Sales of Florida property are rising every month
Supply is falling every month
With these market forces colliding, prices are set to rise...

If you want to capitalise on the unrivalled opportunities in this market now is the time for action...

Create wealth by investing in a tenanted Florida apartment that pays for itself.


THE DEVELOPMENT

Mandalay On 4th is an outstanding residential community in Tampa, Florida. What makes Mandalay particularly noteworthy is its location, choice of properties, demand from the rental market and excellent value.

Set amongst a 12 acre wildlife preserve set around a beautiful lake Mandalay On 4th offers beautiful views from the majority of the properties. It is also conveniently located just minutes from central Tampa and the Gulf Coast beaches.

As an investment property, the desirability of the property from a rental perspective is paramount. Mandalay On 4th achieves a very high level of occupancy due to its location and onsite amenities, offering those who work in the Tampa area an excellent place to call home.

Surrounded by water, gardens and preserve areas, Mandalay On 4th offers a luxurious tropical backdrop. There are numerous lake front sun decks, extensive landscaped gardens, and a full range of onsite leisure activities, including one of the area’s largest swimming pools.


LOCATION

Mandalay On 4th lies on the western side of Tampa Bay, just one minute’s drive from the Howard Franklin Bridge / I-275 which is the main link road between Tampa and St. Petersburg.

It is a 5 minute drive from St. Petersburg / Clearwater airport, which offers a range of US domestic flights. There are also many restaurants, banks and local services in a 5 minute radius.

It is a 10 minute drive from Westshore International Airport and business district.

It is a 15 minute drive from downtown Tampa and St. Petersburg.

The world famous Gulf Coast beaches are just 20 minutes away. (Honeymoon State Park has been ranked number 1 in the USA, as has Fort De Soto – both stunning beach areas).


AMENITIES

Fitness Centre
Gated Access
Elegant Clubhouse
High Speed Internet Access
Hot Tub
Laundry Facility
Pet Park
Swimming Pool


UNIT SPECIFICATIONS

All properties at Mandalay On 4th received new carpet and paint during the condominium conversion 4 years ago.

Properties are sold with a full range of appliances; oven, microwave, fridge, freezer and dishwasher.

Additionally all properties have a screened balcony with plenty of additional and handy storage space (a.1 and a.2 have no balcony storage).

Internally apartment level or standard properties have carpet in all living and bedroom areas, while the condo level or upgraded properties have laminate wood floors.

The upgraded properties feature new kitchens with granite surfaces in kitchen and bathroom. Standard properties have original kitchens from the early 90’s.


SIMPLE PURCHASE PROCESS

Choose the unit you want to purchase and complete reservation form.

Client reserves unit by making a $2,500 deposit to the vendors secure escrow account (refundable within 14 days).

The Purchase Agreement is emailed to you to review and sign before sending back to the vendor in the US.

The vendor's legal department prepares final documentation and sends it to you. This will be sent about a fortnight after the Purchase Agreement is received.

Some of these documents will be time-sensitive and will need to be notarised. You then sign/initial them all and return them to the US.

You wire the remaining balance to the vendor's secure escrow account.

Congratulations! You are now the proud owner of your Florida Investment Property.


PRICE AND AVAILABILITY

Mandalay On 4th is one of our fastest selling tenanted opportunities in America; the best units are being snapped up daily. Please contact us for latest prices and availability.


TESTIMONIAL

“We are delighted with making this investment at Mandalay On 4th. Everything went according to what you said and I certainly will be recommending Colordarcy to all my friends and family.”

ANTHONY JAMES, LONDON - INVESTED IN 1 UNIT AT MANDALAY ON 4TH

“It was a pleasure meeting with you at your office. We welcome the investment report that clearly outlined a realistic 10 year property investment plan – that will help us to achieve our goal of retiring 5 years early. When we visited Mandalay On 4th, we were blown away by the quality. We are very comfortable with this investment.”

KEVIN AND RACHEL SUMMERS, CANADA – INVESTED IN 2 UNITS AT MANDALAY ON 4TH

“I have just seen my first rent payment in my bank account – thank you so much. I wish I had more cash to buy more.”

JOHAN DUNN, NORWAY – INVESTED IN 1 UNIT AT MANDALAY ON 4TH

“I like the fact that it was so easy to invest in the USA. I like that you opened US bank account, manage the property and help me to obtain my US Tax ID Number. I love the location and the investment potential of Mandalay - thank you.”

LEE YEW, SINGAPORE –INVESTED IN 3 UNITS AT MANDALAY ON 4TH


INVESTMENT SUMMARY
Timing your entry and exit in a property market is a key element in becoming a successful investor. The eagle eyed property investor is always looking to buy either at the end of a recession, the bottom, or the recovery stage, whilst looking to realise profits by selling or via the release of equity during the expansion and peak stages.

Property prices in Florida are starting to increase and properties are selling quickly. Mandalay On 4th is one of the most outstanding tenanted opportunities available today. You will benefit from investing in a property that pays for itself and one that is fully managed.

Units are allocated on a first come first served basis. The time to secure your Florida investment property is NOW!

If you are looking for a hassle free property - with tenant in place and income from day one - this is it.

Don’t Miss Out on this exclusive offer, please Contact us Today for more details and to receive your FREE “Mandalay On 4th Brochure.”

HURRY! We Now Only Have 12 Units At Our Special SUPER Prices

We are open: Monday to Friday 09:00 - 20:00 (GMT) and Saturday 10.00-17:00 (GMT)


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Approximate price of this 1-Bed Flat/Apartment
€46,090 EUR | 
£36,885 GBP | 
US$57,824 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1014982 
Town Saint Petersburg 
Region Pinellas County 
Province Florida 
Country United States  
Type Flat/Apartment
Bedrooms
Category Re-Sale  
Listed over 6 months ago
Innovative investment strategies offering 25% annualized returns regardless of market conditions   Find out more >>


Map of Saint Petersburg, Florida, United States


Real Estate Agent Listing this Property

Agent Colordarcy Investment Ltd
Listing Since 09 April 2009
Property Listings View all properties from this agent
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Towns located close to Saint Petersburg, United States

  • Saint Petersburg


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Price: US$57,824
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Purchase this Apartment/Flat in Saint Petersburg for

US$97p/m

(60% LTV, 5% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Saint Petersburg, USA

Property Type Min Price Max Price Median Price
(All prices in EUR) Saint Petersburg USA Saint Petersburg USA Saint Petersburg USA
Apartment/Flat 41,375 15,500 1,305,000 1,305,000 248,750 264,000
House/Villa 45,000 240 55,000 65,000,000 - 242,990
Townhouse 45,000 23 50,000 6,400,000 - 209,900

* Calculations based on 59 properties for sale in Saint Petersburg and 5543 properties for sale in USA




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