Waterfront SFR Fix and Flip in the Florida Panhandle

Funded by Navigator Private Capital


Deal Details

Private Loan Type

Residential Fix and Flip

Approx. Funding Date


Property Type
Single Family Residence
Property City

Panama City

Property State


Loan Term (months)


Lien Type

1st Mortgage

Payment Type

Interest Only

Purchase Price


Loan-to-Purchase Price


Borrower's Contribution to Purchase


Source of Borrower's Contribution


Renovation Budget


Renovation Budget Funded


After-Repair Value


Loan-to-After-Repair Value


Renovation Project Scope

Light Rehab

Location Type

Vacation Area

Property Condition

Newly Renovated

Occupancy at Closing


Number of Units


Borrower's Plan

Rehab and Sell

Exit Strategy


Borrower Credit Rating


Deal Highlights

Gorgeous waterfront location in a protected cove with easy access to the Gulf of Mexico
With a purchase price of $1.2M and a repair budget of $450K, this beauty was re-imagined.
With over 5,000 square feet of space, this 6-bedroom, 7-bath home has room for everyone.

Deal Summary

Navigator Private Capital, a nationwide private real estate lender, funded a $1,530,000 fix and flip loan for a single-family residence in Panama City, Florida. Our clients found this neglected fixer-upper and were able to envision all that it could become. Looking past its current condition, they recognized the enormous potential in its size and layout. With a purchase price of $1,200,000 and a repair budget of $450,000, this six-bedroom, seven-bathroom home was renovated from top to bottom. Navigator Private Capital funded 100% of the renovation budget and financed 90% of the purchase price in first lien position, while the Borrower contributed 10% cash. The loan-to-after-repair value was 68% and the after-repair value (ARV) was estimated to be $2,225,000. The Borrower had an excellent credit rating and plans to sell the property after rehab, within the 12-month loan term.

This gorgeous waterfront location in a protected cove with easy access to the Intracoastal Waterway and the Gulf of Mexico boasted over 5,500 square feet of fully modernized space. This beauty had plenty of room for a family (or two) to spread out, with outstanding water views from nearly every room. It’s an entertainer’s dream, but the transformation doesn’t stop on the inside- get ready for backyard entertainment as well with a private pool, a dedicated boat dock, and an outdoor kitchen. This SFR fix and flip loan was funded in March 2022.

Funded By

Navigator Private Capital

Knowledge. Experience. Integrity.

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