82 Tortuga

Description

Estate Sale | Fix & Flip | Corner Lot--In today’s exceptionally tight housing market, this property represents a high-probability value-add opportunity ideally suited for fix-and-flip investors or buyers seeking to create immediate equity through renovation. The home is being offered by the personal representative as part of the orderly disposition of a 12-property estate portfolio. Property is in need of improvements and is priced accordingly, making it an attractive candidate for investors, contractors, or buyers with vision. There are existing liens affecting the estate properties; however, the personal representative is actively working with legal counsel to satisfy and clear title prior to closing.Strong upside potential in a supply-constrained market. All offers considered. Boynton Beach has steadily transformed from a quiet, working-class coastal city into one of Palm Beach County’s more active value-add and redevelopment corridors. For fix-and-flip investors, it offers a rare combination: still-attainable entry prices, improving neighborhoods, and upward price pressure from nearby coastal and employment hubs.Price Compression from Nearby Coastal MarketsBoynton Beach sits between Delray Beach to the south and West Palm Beach to the north—two markets that have experienced significant appreciation and lifestyle-driven demand. As prices in those areas escalated:Buyers began searching for more affordable alternatives nearby.Investors recognized that Boynton offered similar coastal access at lower price points.This created a natural spillover effect, pushing values upward in Boynton.For fix-and-flip operators, this dynamic is ideal:Buy at a discount, renovate, and resell to end-users priced out of neighboring markets.Contractual language that must be present in all offersSellers Name: Coral Gables Trust Company, As Personal Representative of the Estate of Roger F. QuisenberryAdd to paragraph 20 line 588 of the as is residential contract for purchase and sale (ASIS-7)Seller represents that, as of the Effective Date, the Property may be subject to certain recorded and/or unrecorded liens, encumbrances, code enforcement fines, municipal liens, utility liens, and/or claims of lien (collectively the "Existing Liens”).Seller, at Seller's expense, shall obtain a Lien/Permit/Code Violation search on the Real Property to reveal any code or permitting issue (i.e. open, expired, inactive or unpermitted improvements, etc.). Seller, at Seller's sole expense, shall cure any such code or permit issue prior to Closing. Seller shall provide Buyer, prior to Closing, with a copy of all such searches and proof of cure.Closing Date will be within 15 days after Existing Liens removed, Court Approval of the sale and IRS release of Estate Tax Lien. If the foregoing is not accomplished by June 2, 2026, Seller or Buyer may terminate this Contract on or before June 5, 2026, and the Deposit shall be refunded to Buyer.