9BR Home in Flagler Beach , FL

About This Property

We have been working this property since April 2024, and significantly improved its position and value, we are evaluating the best strategic path between (1) monetizing now at today’s improved valuation, or (2) bringing in an experienced JV partner to accelerate the next value phase. Property Snapshot 9 bedrooms, 8.5 bathrooms 5 Jacuzzis Two major entertainment/living areas (game room + lounge/TV/reading area) Commercial-grade kitchen + dining area Screened saltwater pool Across the street from the beach Canal/water access behind the property with dock potential and ocean access profile Performance Clarification 2025 Airbnb gross: approx. Contact for details 2026 already-booked pipeline (Airbnb): approx report shows about Contact for details excluding continuous new bookings coming in) Annual expenses include Insurance at Contact for details and Taxes at Contact for details. The outstanding balance is $1.1 million, structured as interest-only with a payment due in one and a half years. The prepayment penalty expires in April. The current Principal and Interest (P&I) payment is Contact for details plus an additional Contact for details payment due in April, resulting in a total P&I of Contact for details. The estimated monthly payment for Principal, Interest, Taxes, and Insurance () is approximately Contact for details. Value Thesis Current “as-is” valuation context around $2.25M Comparable-based narrative in the $3M–$4M range after proper repositioning Estimated renovation budget: $150K–$250K Why we are considering exit / partner now We have already created meaningful value since April 2024. At this stage, we're optimizing for capital velocity and execution speed: Sell now at improved valuation Targetting $2.25M (as-is positioning) JV with an experienced investor/operator to move faster and capture a larger upside window. Investment & Role of the Partner: The partner will provide or arrange Contact for details in second-position financing. A payment will be made in April from this investment to pay off the existing obligation. The remaining balance will be held in a designated account to cover the finder's fee, subsequent monthly payments, and ensure the asset's overall stability. The partner is also responsible for guaranteeing the carry and overseeing the renovation execution during the asset upgrade period. The final equity and profit-share structure is open to negotiation, taking into account the partner's capital contribution and execution role. Best, You can contact for additional information and details: Jose Blanco (786) 322-3646 Additional pictures can be found at: https://drive.google.com/drive/folders/1lc0ZEjWY6C_y6Z0mCW2tbBbnZPiTa-_H

Features & Highlights