Lofty 122 Florida Park Dr

Renovated Single Family Home located in Palm Coast, Florida

Offering Details

The owner and Property Manager, Calixte Duffaut, is selling a portion of his equity on the Lofty Marketplace.
This property has a loan of $264,000. View the loan documents here.
The Rental Yield is based on the equity value of $122,950 (Total Investment Value minus Debt). As Calixte pays down the debt payments himself in full, his equity percentage in the property will increase and the equity percentage of investors on Lofty will decrease proportionally.
The photos above have been virtually staged.
The current tenant has the option to sign a 5 year rent-to-own lease after the first year or sooner at a purchase price of $450,000.

This charming 3 bedroom, 2 bathroom home with a bonus office is located in Palm Coast's sought-after Palm Harbor neighborhood.
This spacious residence spans 1,723 square feet and sits on an oversized lot with a convenient circle driveway and covered patio.
Recent upgrades include a new A/C system, hot water heater, and washer/dryer.
The interior has been freshly painted, giving the home a bright and welcoming atmosphere.
Enjoy the convenience of the ideal location, just minutes away from shopping, restaurants, and the famous Flagler Beaches.
Palm Coast offers a paradise of recreational activities with its extensive network of over 100 miles of bike paths and nearby parks.
This home is situated in the highly desired F-section of Palm Coast.

1 year lease (02/27/2024 - 02/26/2025)
$2,500/month
Lease Agreement
The tenant has the option to sign a 5 year rent-to-own lease after the first year or sooner at a purchase price of $450,000. At the time of signing, the tenant will pay a non-refundable down deposit of $15,750 toward the purchase of the property and will sign a contract drafted by Smith Bigman Brock law firm. Rent will be at $2,500/month for the 5 year rent-to-own period.
Rent-to-own agreement (not signed)