30A Ground Up Construction Successful for Resale or Short Term Rental
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $725,000
Ground-up construction projects on 30A can create significant value when executed correctly—from acquiring the right lot, designing a product that fits the market, managing construction costs, and delivering a finished home that attracts either a strong resale buyer or produces long-term short-term rental cash flow.
The ideal outcome is creating substantial equity at completion while owning an asset that generates income, appreciates over time, and can be leveraged for future projects.
What made you interested in investing in this type of deal?
I'm interested in ground-up construction opportunities on 30A because the right project can create value from day one. By acquiring a well-positioned lot, controlling construction costs, and building a product that matches current buyer and vacation rental demand, there is an opportunity to create significant equity while developing a strong income-producing asset
How did you find this deal and how did you negotiate it?
I identified this opportunity through the MLS and saw the potential to create significant value through a ground-up construction project in the 30A market.
How did you finance this deal?
25% LTC Ground up construction loan
How did you add value to the deal?
got quotes from several builders
What was the outcome?
65k plus rental projections and significant equity with low maintenance cost
Lessons learned? Challenges?
Always be ahead and manage budget. When you're running out of time you make poor decisions.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I am the real estate agent.
