These two SFR construction completions were strategically subdivided by our client from a single parcel into two separate lots and self-financed the beginning ground-up construction of two single-family residences. Rodeo Lending provided a loan to our experienced investor, which enables them to have the opportunity to complete the construction of two high-end, elegantly equipped investment properties. These properties are located in the serene location of Longboat Key, Florida.
One property is currently 30% complete and will ultimately feature five elegantly designed bedrooms with five bathrooms, and a spacious 5,100 square feet of living space. The second property has 70% of the construction already finished. Once completed, it will also offer five beautifully appointed bedrooms, five bathrooms, and a total area of 3,815 square feet.
Nestled in the heart of Longboat Key, Florida, these properties promise an unrivaled location, merely three miles from the island’s southern tip and approximately eight miles from the vibrant downtown Sarasota. These residences are situated within a stone’s throw of the idyllic beach, which is a mere 300 yards away, and conveniently close to the bustling Longboat town center and shopping area. Rodeo is excited to offer this loan to complete this amazing project of two SFR construction completions and is looking forward to seeing the finished properties.
CLOSING HIGHLIGHTS
- Two Cross Collateralized SFRs
- In-House Fund Control
- Construction Completion
- Ideal location in the heart of Longboat Key, Florida
