This is a $175,000 refinance loan request for a waterfront single-family home in Cape Coral, Florida. The property features three bedrooms, three bathrooms, and 2,134 square feet of living space. Additional highlights include an inground pool, a canal view, and a three-car garage. The borrower plans to refinance as an exit from the DKC loan.
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
