Mortgage lead for Commercial loan in Madeira Beach, FL, 33708

Date Posted

3/31/2026 3:26:29 PM

Property at

Madeira Beach, FL, 33708, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$3,100,000

Amount of Existing Loans

$1,800,000

Loan Request

$2,100,000

LTV

67.74 %

Credit Rating

780 or more

Net Worth

$4,000,000 - $10,000,000

Loan Purpose

Refinance all

Purpose

12-Unit Madeira Beach Bridge Refi | $2.1M Loan | ~$3.1M ARV | 800+ FICO

I am a broker seeking a $2,100,000 bridge loan on a prime 12-unit coastal asset at 110 148th Ave, Madeira Beach, FL. The funds will pay off the existing first position and provide $250,000 cash-out to finalize renovations.

Deal Summary:

The Asset: 12 total units (11 one-beds, 1 studio). Acquired from a bank at a steep discount post-hurricane.

The Value: Estimated ARV is $3.0M – $3.1M (~67-70% LTV).

Skin in the Game: The sponsor has already injected $300,000 of personal capital to stabilize and complete the bulk of the rehab. The $250K cash-out gets it to the finish line.

Sponsor Profile: Elite 800+ FICO. Highly experienced operator who owns and manages 7 other income-producing properties with substantial equity.
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Loan Request for Commercial loan in Madeira Beach, FL, 33708