This $352,000 loan request is for a single-family property located in Clearwater, FL, within the desirable Northwood West subdivision of Countryside. The asset spans 2,413 sq. ft. and includes 4 bedrooms and 4 bathrooms. The borrower exit strategy is a sale or upon completion of the renovation.
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
