GREAT INVESTMENT On a Commercial Warehouse Building in West Palm Beach, FL!! (Tax Certificate)
NO WAITING! ELIGIBLE TO APPLY TO COUNTY FOR TAX DEED NOW!
Winning Bidder can apply for Tax Deed to own this property immediately and outright!!
Consider this:
• Option 1 - Conventional Methods. If you attempt to purchase property using conventional methods, you must have good credit, a cash down payment, you'll pay commissions to realtors and pay closing costs. It will cost you thousands of dollars just to get into a property.
• Option 2 - Tax Certificates!! If the property owner redeems - you're guaranteed to recover the face value of the certificate plus interest. Better yet, if the property owner does not redeem - you can acquire the property for a fraction of it's market value. If you acquire the property, you could occupy it, rent it, borrow against the equity or flip it!!! You can literally acquire this property for “pennies on the dollar” because the Sale Price on this building will most likely be only 25% of the appraised value or less in this market which is hard to beat. It’s hard to find a deal like this even in this tough market and would be a great investment!
Here are the details:
The redemption value (Actual accrued Cash Value) on the certificate currently is greater than:
$ 2,500 and the certificate is paying 18% interest for the next 5 years!!!!!!
The property folio number is: 56 43 42 32 01 038 0110
Legal Description: Inlet City Lts 11 & 12 Block 38
Address: Northeast corner of avenue G and W 7th St. in Riviera Beach, FL 33404-7855
1,456 sq. ft.
Improvement value appraisal $ 28,463.00
Total: $ 33,333.00.
There are no outstanding mortgages on property!! This is an absolutely fantastic location for a business looking for cheap space and/or starting out and where else would be better than in Florida..Palm Beach County?
YOU ARE BIDDING ON A Palm Beach County TAX CERTIFICATE. PLEASE READ THIS LISTING COMPLETELY BEFORE BIDDING.
This is a 2007 Tax Certificate that has not redeemed. It was acquired through a competitive online auction bidding process run by the County government. Many bidders vied for the Tax Certificate to this property alone!! It is now eligible for Tax Deed application with the County which makes it even more valued! After a title search, advertising, and notification of all interested parties, a Tax Deed is issued if there has been no redemption.
As the Seller, we will transfer ownership of this Tax Certificate to the successful Buyer once payment is made. As the Bidder, you acknowledge that you have either researched the property and developed opinions on buying this Tax Certificate or waived your right prior to bidding. Further, by bidding, you acknowledge that you are relying only on your research or due diligence of this Tax Certificate.
PAYMENT ACCEPTED: Paypal, Money order or Cashier's check only and within 3 days of winning auction.
TRANSFER COSTS: Total transfer costs are $200. The $200 additional fee covers certificate preparation, listing and transfer fees. The 10% Bid4Assets Success fee at end of auction is EXTRA.
DISCLAIMER: Seller is not responsible for the accuracy or completeness of the information contained in this offer that was obtained from third parties, including the Tax Collector, property appraiser and any others. It is the bidder/buyer's responsibility to fully research before making a bid. Certificate sold "as is". This is a real estate investment instrument.