Real Seller Story 55+ Condo • Tequesta FL

Case Study: Tequesta, FL. A headache 55+ Condo in Tequesta Garden. Closed in 11 Days!

A family inherited a dated 55+ condo in Tequesta Garden with mold, an aging electrical panel, and strict HOA rules. Instead of spending $50K on repairs and waiting months for board approval, they sold directly to FL Home Buyers and closed in 11 days.

Call (561) 258-9405 Get My Cash Offer

No repairs • No showings • Pick your closing date

The Situation: An Aging 55+ Condo Costing Money Every Month

The owners inherited a condo in Tequesta Garden, a quiet 55+ community in northern Palm Beach County. The property had sat vacant for months while HOA dues and insurance kept adding up.

Outdated interior, mold spots in bathrooms, and aging mechanical systems meant it was unfinanceable for typical buyers. The family was out of state and wanted a clean exit without renovation stress.

Why Listing It on the MLS Would Have Failed

  • Age restrictions shrink the buyer pool. Only 55+ buyers qualify and renting is limited for a year after purchase.
  • Financing fails with mold or old panels. Most banks won’t underwrite condos with visible damage or obsolete electrical systems.
  • Inspections trigger $40–50K in repairs. Every issue becomes a closing condition that drains time and cash.
  • HOA approvals delay everything. Board reviews take 30–45 days; if a buyer backs out, you restart the clock.

What We Found During Our Walkthrough

Our team inspected the unit and found mildew in wet areas, worn carpet holding odor, and old mechanicals. Estimated rehab to reach financeable condition: $45–50K.

Our Solution: Buy It Cash and Handle Everything

FL Home Buyers made a fair cash offer the same day, handled the HOA paperwork and title process, and closed in 11 days.

  • Contract to Close: 11 Days
  • Repairs Avoided: ≈ $50K
  • Showings or Inspections: 0

Why It Matters for Florida Sellers

Many 55+ condos across South Florida face the same issues: insurance pressure, financing failures, and board delays. Selling direct to a local buyer avoids months of friction.

  • No repairs or clean-outs required
  • No agent fees or commissions
  • No HOA approval delays for you
  • Guaranteed cash closing date

Ready to Sell Your Condo As-Is?

If you own a unit in a 55+ community like Tequesta Garden and it’s becoming a burden, we’ll buy it as-is and handle the rest.

Call (561) 258-9405 Get My Cash Offer

Local buyer • Licensed contractor • Fast cash closings