Bargain Florida Property For Sale

Welcome to Florida - the Sunshine State!

For many years, Florida has been known as a popular holiday home location. Today, as one of the top three foreclosure 'hotspots' in the USA, the availability of massively-reduced Florida real estate for sale has transformed the state into the number one choice for bargain hunting property investors.

So, what's so special about Florida property and where in the state are the optimum areas to invest? We'll answer these questions in detail, explain the best investment strategies for buying Florida real estate foreclosures and show you how to make an exceptional 100% to 300% Return On Investment (ROI) in just three to five years.

For clarification, Axis does not sell holiday property, but Florida real estate foreclosures for rent to local US tenants on long leases, typically 12 months.

"Whether we are talking socks or stocks, I like buying quality merchandise when it is marked down." Warren Buffet, philanthropist and investor.

Florida property prices have been hit hard since their peak in 2006. In our opinion, the 2006 peak was over-exaggerated and the current 'crash' property prices are unduly low. We anticipate values, from the Florida real estate foreclosure prices we will discuss, to realistically increase by 100%-150% in the next three-to-five years.

Check this table for the last five years Florida property price history from Zillow. You'll see that 'open market' property prices have roughly halved. The prices on Florida foreclosure property that Axis offers investors are NOT market prices, but much lower.

Typically we offer Florida property at a further 30%-50% discount below the current market price. This means that our clients are investing in Florida real estate foreclosures at a price which represents a fall in the region of 65%-75%!

Florida has a strong economy, a stable legal system and secure property rights - coupled with lots of sunshine. The area has always maintained its fundamental attractions and is predicted to recover, most likely ahead of the rest of the US property market, as it did back in the early 1990s.

In our view Florida real estate holds a unique market position - with bargain prices available now, growing stabilisation, then leading to a boom in values in the next 3-5 years.

Florida offers an ideal investment destination for investors who want strong growth in capital in a short to medium timeframe, whilst enjoying a generous rental income from their Florida property in the meantime.

Bargain Florida real estate for sale is attracting overseas buyers

The current bargain real estate prices in Florida are attracting a large number of overseas investors, many of whom are purchasing tenanted condos until market values boom again and they re-sell. There is, indeed, an incredibly high demand for quality rental property in Florida, both condos and houses.

 "Unprecedented" sales of Florida property to overseas investors

Peter Zalewski (pictured left), founder of Florida-based property consulting and brokerage company Condo Vultures, comments: "There might be a lot of Florida property for sale, but I have never seen such a high concentration of foreign nationals acquiring real estate. Some 80% of property sales in downtown Miami, for example, are foreign based. This is unprecedented."

 "We expect the Florida property market to strengthen"

Jack Levine (pictured right), chairman of the Miami Association of Realtors (MARS), explains further: "These figures [in Miami] reflect the stabilisation of the single-family home in south Florida as a whole and the overall demand that exists for Florida real estate. We expect the market for Florida real estate to strengthen."

Fact: Today, in Florida, you can purchase a luxury tenanted property at significantly less than build cost.

If you are considering Florida real estate foreclosures, either condos or houses, then here's some critical information for you.

Your Florida property comes as a fully-managed 'armchair' investment

All Axis USA deals are fully-managed, for a hands-off, end-to-end, 'armchair' investment.  This means the whole process is managed for you, by Axis UK and our full team of specialist Florida property partners. We handle everything from property selection, negotiation, purchase and refurbishment, through to rental guarantees and property management after sale.

We select Florida real estate for sale that offers high-demand residential rentals

Our Florida property is always high-demand accommodation, rented to local young professionals and families (as opposed to holiday lets or timeshare properties). Much of our property comes already tenanted, and if not we provide rental guarantees (learn more about the Axis Five Star Guarantee).

You can save up to 75% below peak pricing on your Florida real estate

Discounts are typically 65%-75% below peak pricing and 30%-50%  Below Market Value (BMV). For example, we may have a Florida property for sale that was c. $200,000 at the market peak and is now priced to you - fully renovated and tenanted - at just $50,000 (£31,500). Prices for different property may be lower or higher than this.

Buy your piece of Florida real estate with an investment as low as £14,000 GBP ($35,000 USD)

Typical prices of Florida real estate foreclosures are:

Florida Condos - $35,000 to $90,000 USD (approximately £22,000 to £57,000 GBP) for luxury, refurbished condos;

Florida Houses - $60,000 to $250,000 (approximately £38,000 to £158,000 GBP) for single family homes.

Selected investments have finance available which could reduce the investment capital to around £14,000 GBP! Most Florida purchases are currently 'cash only' deals, but we do have selected opportunities from time-to-time to buy Florida foreclosure property with financing of typically 50%-60% of the market value.

Florida investment property offers up to 12% NET rental yields!

A huge benefit for investors in Florida property is that they can anticipate extremely good rental yields and positive cashflow whiulst they wait for the market to recover and capital values to grow.

Typical rental yields are 8% to 12% net, per annum. On a property at (say) $60,000, this works out at an average of $400 to $600 USD (approximately £260 to £380 GBP) positive cashflow per month - that's the amount in your hand or bank account, after all property management, Homeowners Association (HOA) fees and city taxes etc. For comparison, in the UK, typical rental yields are around 7.5% gross and 5.5% net.

On average we expect that if you buy Florida real estate for sale you can anticipate typically double the rental return compared to a UK property, and a far greater potential for strong capital growth in the short to medium term.

Where does Axis offer Florida real estate foreclosures for sale?

We have identified five areas of Florida to focus on, where we have great local partners with established contacts, processes and the experience to find, negotiate, purchase, refurbish and tenant each Florida property so that it delivers real value and excellent upside potential for Axis clients.

The areas are:

• Orlando
• Miami
• Tampa
• Fort Myers
• Naples

What to do now?

Watch Rod's Florida Videos recorded during his recent visit

Want to know more about investing in Florida? Download and read our Florida Investment Guide.

Want to know more about investing in the USA in general? Download and read our USA Investment Guide.

Want to checkout property we currently are offering in Florida? Visit our Available Property in the USA section

Like to discuss your plans for investing in Florida property and get answers to questions? Please call for a no obligation chat with our USA Portfolio Managers, David Ball and Russell Bonner, on 01273 447 300 (UK time, Mon-Fri 0900hrs-1730hrs).

Where next?