Luxury homes will be built in Redington Beach, FL and utilized as short-term and mid-term rentals featuring 5 bedrooms, 4 bathrooms, 2 living rooms, and 2 car internal garage. These beach houses will feature a rooftop deck and pool.
This 2-house project consists of demolishing the existing structure and creating a new, modern structure. We are increasing the current property value from $750,000 to $3.5M on each project.
- Construction Period 6 – 7 Months
- Equity Amount: $550,000 per property with an annual 20% return
- Minimum investment $50,000
- Land cost: $750,000
- Construction cost: $1M per property
- Return of capital Will be provided by the refinance of the construction loan at 75% LTV.
- After Built Value for each property: $3.5M
NOTE: WE HAVE ALREADY RAISED $2,750,000 FOR 5 OTHER PROPERTIES JUST LIKE THESE! WE HAVE FINISHED THE DEMO PHASE AND WE ARE IN CONSTRUCTION!
VIRTUAL TOUR ——> https://drive.google.com/file/d/1JpdRN9Rc1_dngD9jqFRAQcZDRJKwKZk6/view?usp=drive_link
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