2026 Overview
Portfolio Snapshot
18 Active Projects
7 New Construction
6 Renovations
3 Pop-the-Top
2 Assisted Living
8 on market
3 Pending Acquisitions
4 Homes Sold YTD
New Construction Projects
We are actively transitioning a meaningful portion of our portfolio toward ground-up new construction — delivering greater cost predictability, design control, and exit quality. All projects are being executed under our in-house general contractor license.
5635 7th Ave N — Lot 3
Tampa, FL 33611 | Demo permits submitted. Architectural drawings returned. Bid comparisons underway. In-house GC enables earlier subcontractor lock-in and internal cost tracking.
5635 7th Ave N — Lot 1
St. Petersburg, FL 33710 | Plans approved. Budgeting underway. Ready to break ground upon permit issuance. In-house GC execution to control costs and timeline.
5635 7th Ave N — Lot 3
St. Petersburg, FL 33710 | Plans approved. Budgeting underway. Ready to break ground upon permit issuance. In-house GC execution to control costs and timeline.
5635 7th Ave N — Lot 4
St. Petersburg, FL 33710 | Pre-construction design phase. Architect engaged. Plans in development. Ground-up approach enables buyer-specific layout optimization and eliminates renovation unknowns.
3033 W Asbury Pl
St. Petersburg, FL 33710 | Pre-construction design phase. Architect engaged. Plans in development. Ground-up approach enables buyer-specific layout optimization and eliminates renovation unknowns.
8026 33rd Ave N
St. Petersburg, FL 33710 | Pre-construction design phase. Architect engaged. Plans in development. Ground-up approach enables buyer-specific layout optimization and eliminates renovation unknowns.
934 11th St N
Tampa, FL 33611 | Demo permits in process. Architectural plans finalized. Contractor bids under review. Targeting 3,000+ SF luxury buyer in prime South Tampa 33611 submarket.
South Tampa Luxury Submarket Continues to Appreciate
Originally underwritten at ~$1.4M ARV, our 2823 W Morrison Ave project now supports an expected exit value exceeding $1.5M — driven by continued appreciation in the 33629 corridor. This is a clear example of how market momentum is actively expanding margins across our renovation portfolio.
Pop-the-Top Expansion Projects
Our "pop-the-top" strategy involves adding a full second story to existing single-story homes — dramatically increasing square footage and market value. This approach allows us to acquire at lower basis, execute a controlled vertical expansion, and exit at new construction-comparable price points.
1210 12th St N
St. Petersburg, FL 33705
Status: Permits secured.
Demolition beginning this week.
Execution mirrors the proven model at 2350 2nd Ave N. Lessons learned from that project are being directly applied here, improving sequencing and planning. Neighborhood appreciation during hold period strengthens exit confidence.
160 24th Ave S
St. Petersburg, FL 33705
Status: Demolition underway. Roof removed. New trusses ordered.
Minor structural refinements identified during framing stage. Full framing expected by end of March. Recent new construction comps in the immediate area are exceeding original underwriting assumptions, expanding margin potential.
1501 S De Soto Ave
Tampa, FL 33606
Status: Final permitting phase with the City following architectural approval.
South Tampa projects carry extended review timelines due to regulatory requirements. However, the 33606 corridor continues to appreciate, offsetting carry costs and preserving overall margin expectations as permitting concludes.
Current Renovation Projects
Six active renovation projects across the Tampa Bay region and South Tampa submarket, ranging from cosmetic refreshes to full-scale luxury renovations. Each property is managed under our in-house construction infrastructure to maximize schedule control and margin.
10534 Bermuda Isle Dr
Tampa, FL 33647
Renovation
~3,500 SF | Full cosmetic renovation + pool improvements. Secured via short sale at strong entry basis. 10 –12 week timeline. Low DOM submarket.
3262 Westcott Ct
Palm Harbor, FL 34684
Renovation
Completing within 2 weeks. Upgraded pool deck with pavers and turf. Targeted listing ~$850K. Strong absorption in surrounding subdivision.
2823 W Morrison Ave
Tampa, FL 33629
Luxury Renovation
Interior substantially complete. Pool progressing post power-line relocation. Metal roof final phase. ARV revised upward from $1.4M to $1.5M+.
5105 Lady Rose Ct
Lutz, FL 33558
Renovation
Full interior cosmetic update. On schedule, anticipated completion and listing by end of month. Healthy subdivision demand for updated homes.
3031 E Vina Del Mar
St. Pete Beach, FL 33706
Coastal Renovation
Flooring install beginning shortly. Pool design underway. Special-order cabinetry ordered. Minor bathroom layout resolved; internal review procedures strengthened.
5635 7th Ave N
St. Petersburg, FL 33710
Renovation + Development
Primary residence substantially complete. Final items: fencing, driveway, garage correction. Listing expected within one month.
Pending Acquisitions & Pipeline
Three new off-market opportunities are currently in contract or advanced acquisition stages, each aligned with our ground-up construction strategy and designed to generate premium resale returns.
4110 4th Ave N
St. Petersburg, FL 33713
New Construction
Off-market double lot acquisition. Plan: demolish existing structure and develop two new construction homes on the site, maximizing parcel value through density.
3902 N Ola Ave
Tampa, FL 33603
New Construction
Off-market acquisition in Tampa Heights. Remove existing structure and build new residence. Multiple nearby new construction comps support strong resale values in this submarket.
Properties Currently on Market
Eight active listings across the Tampa Bay region, ranging from mid-market renovations to luxury pool homes and waterfront properties. Our in-house Realtor, Katrina, is actively managing and refreshing listing strategies across the portfolio.
South Tampa Luxury Submarket Continues to Appreciate
Originally underwritten at ~$1.4M ARV, our 2823 W Morrison Ave project now supports an expected exit value exceeding $1.5M — driven by continued appreciation in the 33629 corridor. This is a clear example of how market momentum is actively expanding margins across our renovation portfolio.
Old St Joe Rd Dade City, FL
Master-Planned Community
25-acre off-market site. Plans for 18 one-acre gated homesites. Full roads and utilities infrastructure. Spec homes built while pre-listed, offering buyers customization options during construction.
