82 San Juan Drive

82 San Juan Drive

Ponte Vedra Beach, FL 32082

 

Watch this video for details on the PREFER model and the 82 San Juan property.

PREFER Loan Amount

Total Raise: $1,000,000

PREFER Secured Loan Interest: $270,000

Cash on Cash Return: 27%

BECOME A LENDER ON A THIS DEAL

Property Details

  • NEW BUILD

  • 4 Beds, 5 Baths, 4,337 Sq. Ft.

  • Prestigious Old Ponte Vedra

  • Golf Course Views Front & Back

  • 2 Blocks from Ponte Vedra Inn & Club

  • Private Beach Access


Property Data

Buy Price: $2,650,000

  • Construction Cost: $2,200,000

  • Estimated Completion: 10-12 Months

Estimated After Repair Value: $7,500,000+

Estimated to Market: Late 2026 / Early 2027

Estimated Payout: Early 2027

The PREFER Model

  • High-End Luxury Fix & Flips and New Builds

    • Operating only in coastal markets

    • Choosing properties that are not selling for their full value because they’re out of date and missing the key features & amenities luxury buyers are looking for.

  • Totally Passive

  • Short-Term Cash on Cash Returns

    • 10-12 Month Construction Timeline

  • Fractional

    • $50,000 Minimum

  • Geographic Mobility

    • Lender doesn’t have to be local to the property.

  • Extensive Due Diligence

    • Several third-party appraisals and consultations with local real estate agents and professionals to ensure these deals will produce the expected returns.

Property Updates

03.07.26 Update

  • Project underway

  • All permitting and architectural plans complete

01.31.26 Update

  • Project is already underway!

  • All permitting and architectural plans complete

  • Slab laid last week

01.21.26 Update

  • Project is already underway!

  • All permitting and architectural plans complete

  • Slab laid last week

02.14.26 Update

  • Project is already underway!

  • All permitting and architectural plans complete

  • Slab laid last week

03.20.26 Update

  • Framing nearing completion

  • Window installation to begin

04.03.26 Update

  • Framing Complete 

    Window Installation Underway

    New Roof Complete

    HVAC underway

    Dry-In Complete

04.18.26 Update

  • Framing Complete 

    Window Installation Underway

    New Roof Complete

    HVAC underway 80% complete

    Plumbers have started the rough holddown

    House wrap has been installed 

    Dry-In Complete

05.01.26 Update

  • All Framing is complete

  • All windows but the transom have been installed

  • Roof and decks are complete

  • HVAC is complete

  • Plumbers have all the water and waste line complete – waiting on valves

  • Hold-down 95%

  • House wrap has been installed

  • Electrical walk is tomorrow and the electricians start Monday

  • Gas rough is scheduled for 5/11/26

  • Both trees on the golf course side have been removed and stumps ground

  • Insulation has been measured

  • Interior door have been ordered

Get on the List

What is the PREFER Method?

  • The real estate market is certainly tough right now, but the data is showing there are certain markets in the luxury space that are continuing to have the greatest opportunity for high profits, specifically for luxury-level flippers. According to a recent Luxury Market Report by the Institute for Luxury Home Marketing, “The most significant trend, after a slow start to the year, is that the North American luxury real estate market has, for the most part, returned to a seller’s market.” The report also details that luxury is no longer defined solely by size or price and that buyers are now seeking premium properties that meet their specific requirements and they are willing to pay a premium if the property checks all of their boxes. This is the prefer model in a nutshell - picking properties in these strong higher-end markets that are not selling for their full value because they’re out of date and missing the key things luxury buyers are looking for. That’s why these properties can double in value with some strategic luxury remodels.

  • Yes! PREFER Lenders provide the gap funding for the project and are paid a set cash on cash return when the project is complete and the property sells.

  • Look above for the form to add you to the email list. Participants will receive emails when new projects are coming - they will be the first to hear of new projects. Lending on a project is a first come, first served basis and these projects fill fast, so we recommend you get on the list even if you are not quite ready to become a lender on an upcoming project.

  • No! These projects can be lended in full or they can be fractional. The minimum amount is $50,000.

  • Rehabs are estimated to take 6-8 months. Once the project is complete the property will be listed for sale. The average days on market for the locations we operate in are between 45 and 90 days, meaning our estimated timeline for lenders to be paid is 12-14 months.

  • Your loan is collateralized by the real estate through a promissory note.