This request is for a $4,000,000 refinance loan secured by a luxury single-family residence located in Odessa, Florida. The property offers approximately 13,168 square feet of living space, including 8 bedrooms, 5 bathrooms, 2 full interior kitchens, an outdoor kitchen and entertainment area, a 4-car garage, a gym, office space, a movie theater, and an in-ground pool with a lazy river. Borrower is currently pursuing conventional bank financing to refinance select properties and restructure existing hard money debt with DKC.
Collateral:
Type: New Construction
Description:
This loan totals $1,590,000, with $260,000 disbursed at closing, secured by a double-lot land asset located in Safety Harbor, Florida. The site consists of approximately 0.26 acres, and the borrower intends to subdivide the parcel and construct two new single-family homes. Each residence is planned as a two-story property featuring four bedrooms, four bathrooms, a two-car garage, and approximately 3,000 square feet of living space.
- Loan Amount: $1,590,000
- Date: February 2026
