Breathtaking Beach House at 680 Neptune Avenue for Sale!

Intermarket Investment Group, LLC (based at Old Town Plaza in San Diego, CA) is proud to announce the launch of the all new www.NeptuneBeachHouse.com website for its ocean-front dream home in Encinitas, CA - 680 Neptune Avenue and 682 Neptune Avenue.

Featuring a state-of-the-art, permitted and California Coastal Commission-approved sea wall which cost nearly $2,000,000 to build, all new renovations inside and out and absolutely spectacular 180 degree Pacific ocean-views, the Neptune Beach House is the perfect choice for a variety of buyers. Here are some of its unique features which are so hard to find in beach front properties.

1. Modern, Permitted Sea Wall COMPLETE - With approximately 50 linear feet of fully-permitted and approved modern sea wall frontage, 680-682 Neptune Avenue simply cannot be beat from an investor or owner-user perspective for ocean-front residential investment properties. The issue of modern, up-to-code, permitted sea-walls is a major concern in today's world and no easy commodity to come by. The Neptune Beach House has a fully-permitted, CCC-approved sea wall built to modern specifications under an Emergency Development Permit from 2003-2004. With an estimated engineering life of 75 years, the wall still has 68 years of usable service life remaining - far exceeding anything else on the market today. The cost of acquiring a fully-permitted, new construction sea wall is absolutely stratospheric today. It is also a well-known fact that CCC is no friend to sea wall projects, making this asset all the more valuable.

2. Large Footprint - 680-682 Neptune Avenue has a sizable footprint and this is not replaceable by today's standards for new construction.

3. Rent-ready - For an investor who is looking for a great place to park money, have a turn-key and flexible vacation rental asset, Neptune Beach House is perfect. With renovations completed in June 2010, the Neptune Beach House is ready to roll.

4. Live on the water for less! The Owner-user Rental Option - for the owner looking to live in an asset on the water in turnkey condition, Neptune Beach House presents a unique opportunity to do so while lowering costs. A buyer can acquire the Neptune Beach House from Intermarket Investment Group, LLC and live in 682 Neptune Avenue while renting out 680 Neptune Avenue simultaneously (or vice versa). At the asking rental rate, this presents at opportunity to reduce an owner's monthly mortgage overhead by $3150.00.

Example: if we assume an acquisition of Neptune Beach House at a purchase price of $2,200,000 with a 25% down payment and a 30-year fixed rate of 4.95%, then we get a monthly mortgage payment of $8,807.20.  We would then assume that this owner wants to live in the larger, upstairs unit, 682 Neptune Avenue, leaving the downstairs unit (680 Neptune Avenue), available for lease. If we then subtract the income generated by 680 Neptune Avenue (680 Neptune Avenue currently generates $3150.00 in rent per month plus utilities) from the monthly mortgage payment, we are left with a monthly mortgage carry cost of $5,657.20 or roughly a 36% reduction in monthly mortgage overhead!  This is achieved by simply leasing out the turnkey, rent-ready bottom unit of 680 Neptune Avenue.

5. Turnkey Online Marketing - www.NeptuneBeachHouse.com comes with the title to the property in the sale, giving any prospective buyer an immediate and turnkey marketing solution to the newly acquired rental asset. The Neptune Beach House website comes with it's domain, website files, professional photographs in high definition format, PDF flyers, Craigslist-ready ads and a slide show with search engine optimization protocols already underway.   The Search Engine Optimization is incredibly valuable because not only does this take a tremendous amount of work, but it also requires a significant amount of time to pass so that Google and determine the validity of the site and rank it accordingly.  This is a huge time and money saver for any serious investor.

The Neptune Beach House by Intermarket Investment Group, LLC is the residential real estate version of a Swiss Army Knife: Flexible. Versatile. Beautiful.

House For Charity Trade - a GREAT Cause for Homeless Teens

I was recently introduced to this fantastic charity by a friend of mine in the Sheriff's Reserves.  Have a look and contact them if you or anyone you know might be able to help!