Mansion for Sale in Palmas Del Mar Resort, Humacao, Puerto Rico

Wholesaling Home for 2.5 Mil / Appraised for 3.5 Mil

MUST SELL BY JUNE 30 2007

Great Investment Opportunity for Rehabbers or New owners to purchase with 1 million in equity.

This home is a 5,336 square feet spanish-stlye masterpiece with 5 bedrooms / 5 bathrooms and a recently remodeled Guest House with 2 bedrooms / 2 bathrooms located just below the courtyward. Although the home is in absolute move in condition, the main kitchen and its appliances could use some upgrading. The home was appriased at 3.5 million in February of this year "as is" and it is being wholesaled at 2.5 million. Put 100k into it and net yourself 900k in profit.

This home was sculpted and designed to capture the breath-taking ocean views from nearly every room within the home. Views of the ocean can also be enjoyed from the lighted pool, jacuzzi, gazebo, and courtyard, which is capable of hosting up to 200 guests. Marble floors and robust columns can also be found throughout the home.

This home has one of the most exlcusive addresses within Palmas Del Mar Golf Resort and Community. Palmas Del Mar is the most complete club in the Caribbean, composed by 2700 acres with two championship Golf Courses, tennis courts, an Equestarian Center, Marina, a variety of restaurants, an infinite array of sports, recreational activities, and the member exclusive beach at the Beach Club.