Deal Status

Active

Property Address

Tampa, Florida

Requested Loan Amount

750000

Loan to Value

50

Loan Term

12

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Sale of Subject Property

Property Type

Land

Property Occupied

No

Loan Type

Purchase & Ground-Up Construction

Current Zoning

Array

Entitlement Status

Not Entitled

Development Status

Planning to Develop Soon

Existing Improvements

Array

Generate Income

No

Multiple Parcels

No

Lot Size

2

Will additional properties be collateralized?

No

Borrower Entity

Individual(s)

Borrower Credit Rating

Excellent

Comments

This is a private island that was purchased in Auction. The land is currently empty with the exception of an artisan well. The borrower is seeking 750k to build the place and then sell it.

First Name

Last Name

Company

Role

Consultant

Location


Florida
USA