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Redington Beach, FL – Residential Redevelopment Opportunity

Jason Matthews
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Hello Everyone, We are demolishing 3 BEACH HOUSES we own in Redington Beach FL; and constructing (3) 4,000 sft homes that will be operated as Corporate Rentals, Vacation Rentals, Short Term Rentals, and Mid Term Rentals. THE REMAINING EQUITY NEED IS $1.65Mill ($550,000 per home). Please contact me to discuss the MINIMUM FUNDING WITH THE 20% ANNUAL RETURN. Their is also a Cost Segregation benefit related to the $1Mill Construction Budget for each house. The After Built Value of EACH HOME IS ESTIMATED AT $3.5Mill. After Built LTV will be 55-60%. Our Architect has already begun the Design Development for these properties. We currently operate 30+ Hospitality Rentals in Florida Beach Communities. You can view our current properties at www.MerinHospitalityGroup.com.