Invest with discipline
Representation for investors acquiring income property on the Suncoast, with a dedicated focus on bank-owned (REO) and short-sale properties.
Opportunities, evaluated carefully
Every opportunity is weighed against your goals, your budget and the realities of owning property in coastal Florida.
Every acquisition is analyzed with a state-certified general appraiser’s eye for value, income and risk — because the price you pay shapes the return you earn.
Michael Petrone, MBA is a Florida State-Certified General Real Estate Appraiser (RZ3609). Appraisal services are not offered through eXp Realty, LLC. Pricing guidance provided as your real estate agent is a comparative market analysis, not an appraisal. No particular return is guaranteed.
Investment Property
Single-family rentals, small multifamily, condominiums and seasonal properties, reviewed with a clear view of income and expense.
- Rent and resale comparable research
- Insurance, flood, HOA and rental-restriction review
- Repair and improvement considerations
REO / Bank-Owned
Bank-owned properties are typically sold as-is, with lender-specific addenda, deadlines and procedures. I help buyers prepare strong, compliant offers and navigate each step.
- Identifying REO opportunities that fit your criteria
- Guidance on as-is condition, inspections and title
- Familiarity with lender addenda and timelines
Short Sales
For homeowners who owe more than their home may sell for, and for buyers pursuing short-sale properties, a patient, organized process matters.
- Homeowners: guidance through listing, offer and lender-submission steps
- Buyers: realistic expectations on timelines and lender approval
- Coordination with lenders, title and closing agents
A numbers-first process
Define Criteria
Budget, financing, target areas, property types, hold period and the return profile that matters to you.
Source & Screen
MLS, bank-owned and short-sale opportunities filtered against your criteria before you spend time touring.
Analyze
Comparable rents and sales, operating costs, insurance, flood exposure, HOA rules and needed repairs.
Acquire & Close
Offer strategy, due diligence coordination and referrals to trusted property managers and contractors on request.
Important Short Sale Information
A short sale requires approval from the seller’s lender(s), and approval is not guaranteed. Lenders may approve, counter or decline any offer, and their review timelines are outside the control of the seller, the buyer and the agents involved.
A short sale may have tax, credit and legal consequences, including possible deficiency liability. Sellers should consult a qualified tax advisor and a real estate attorney before proceeding. Homeowners facing foreclosure may also wish to speak with a HUD-approved housing counselor.
Michael Petrone, MBA and eXp Realty, LLC do not provide tax, legal, credit or investment advice, and no particular outcome, price, timeline or return is guaranteed. Information on this page is general in nature.
Let’s talk about your next acquisition.
Share your criteria and I’ll follow up with opportunities and a plan — or start a confidential conversation about a short sale.
EXPLORE
CONTACT
2875 Ashton Rd, Unit 22051, Sarasota, FL 34276
© Copyright 2026. Mirabelle SRQ. All Rights Reserved.
Mirabelle SRQ is a real estate brand of Michael Petrone, MBA, REALTOR®, Sales Associate, affiliated with eXp Realty, LLC, a licensed Florida real estate brokerage. Mirabelle SRQ is not a real estate brokerage. eXp Realty, LLC | Equal Housing Opportunity. Information deemed reliable but not guaranteed.