When making a real estate investment, Florida investors need a reliable source of capital in order to move quickly and capitalize on opportunities. With a growing economy and a hot real estate market, Florida provides plenty of opportunities to make money in commercial real estate. Stone Commercial Capital provides the perfect solution for every builder, developer, and real estate investor looking to finance their projects in Florida with commercial hard money loans.
Whether you are looking to buy, rehab, refinance, or renovate a property in Florida, we offer fast financing to meet your needs. Our customized loan programs are designed to fit the specific investment goals of each borrower. We understand the Florida market and offer competitive rates and terms on all our loans. Our loan programs include:
Acquisition & Development: For purchases, refinances or renovations in Florida
Bridge Loans: For short-term financing needs
Construction Loans: For new construction projects in Florida
Debt Restructuring: For financial restructuring of existing loans
Portfolio Financing: For the real estate investor, builder or developer with multiple projects
Our commercial private money loan services can finance all types of commercial real estate, including:
Multi-family properties
Retail shopping centers
Office buildings
Industrial projects
Hotels/inns
Mixed-use projects
And more!
Overview of the Florida Real Estate Market
Here’s a quick look at the current commercial real estate market in Florida:
Miami, Florida
The Miami real estate market began 2023 on a high note, with home prices increasing by an astonishing 6.1% year-over-year and selling at an average of $525K! What’s more, the median number of days that these homes remain listed is notably lower than the national average – just 71 days! Clearly, this demonstrates strong evidence that investing in property within this region could be extremely lucrative over the coming months.
Jacksonville, Florida
Since 2019, the Jacksonville real estate market has been on a steady upward trajectory. Home prices have increased by 4.2% since last year and currently sit at an average of $281K. Furthermore, they are selling in only 59 days! This is indicative of strong consumer confidence and indicates that now may be the perfect time to invest in this area’s booming real estate industry.
Orlando, Florida
In September 2022, the median price of Orlando’s homes was an impressive $361K – a 15.3% jump from its cost one year prior! Additionally, these homes sold in only 20 days. If you are considering investing in this market, consider leveraging a Florida commercial hard money loan provider as they can quickly help you obtain the necessary funds to capitalize on your desired property within the given time frame.
Tampa, Florida
Unbelievably, Tampa Bay’s real estate prices have risen by 21.4%, and the current average sale price of a home is over $440k! Furthermore, homes are selling much faster than usual – with an average market time of just 54 days as opposed to the national standard of 76 days. Florida Realtors declared these remarkable results that show how attractive this area really is for potential investors.
Fort Lauderdale, Florida
By January 2023, Fort Lauderdale homes had skyrocketed to a median listing price of $540K—a remarkable 12.8% jump from the prior year! On average, properties were sold within 63 days on the market.
South Florida
Boasting a consistent trend of real estate appreciation, South Florida has seen its median sale price for single-family homes soar 11.7% from 2020 to 2021. Currently, the median sale price for a single-family home is $375K.
Making Your Dreams a Reality: Get the Capital You Need from the Florida Hard Money Lender You Trust!
For those who are interested in investing in Florida real estate, it is essential to work with a qualified Florida hard money lender. This type of loan can provide investors with fast funding, competitive rates, and flexibility that traditional financing does not offer.
As a top Florida commercial hard money lender and private money loan provider, our team at Stone Commercial Capital is here to help you navigate your financing needs. With our vast knowledge and expertise, we are confident that we can provide a loan solution tailored specifically to you. Contact us today to get started!
