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Updated about 6 hours ago on . Most recent reply

User Stats

18
Posts
8
Votes
Anna Smith
  • Developer
  • Naples, FL
8
Votes |
18
Posts

Spec Home Lenders - Naples, FL Investment Opportunity – New Construction

Anna Smith
  • Developer
  • Naples, FL
Posted

Dear Members,

I am working on a prime new construction project in Naples, Florida’s prestigious Park Shore neighborhood — a 5,850 sq. ft. coastal contemporary residence on a 0.29-acre parcel at 3898 Crayton Rd, Naples, FL 34103. Project scope: $2,490,000 lot purchase, $1,800,000 estimated build cost, and an anticipated $3,200,000 profit after all costs. The lot is under contract with a closing target in approximately one month.

I am looking for recommendations on the most efficient ways to connect with spec home lenders. Additionally, I would appreciate any insights on obtaining a builder line of credit for this and future projects.

Our Pro Forma is complete and I am happy to share details offline for those interested in learning more about the structure and projections.

Thank you in advance for your input — time is of the essence as we are aiming to secure funding by mid-September 2025.

@Joseph A Pappacoda

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