Unlock the Potential of Your Mixed Use Investment with a Hard Money Loan from our Florida Private Money Lender!
Real estate investors can finance multi-purpose buildings with mixed-use loans, which can be utilized for residential, commercial, industrial or institutional purposes. As these types of structures have been zoned accordingly, they offer the perfect opportunity in terms of leveraging a lucrative return on investment.
An innovative mixed-use property blends residential and commercial uses, presenting a unique opportunity for building owners. For example, a funeral home with an attached apartment for the director or multi-story buildings housing both retail stores below and apartments above all constitute as mixed-use properties. Investing in this type of structure presents lucrative opportunities to build equity over time while also providing convenience to tenants within one unified space.
We offer an extensive list of mixed-use property loans that are perfect for the following:
Property that needs construction money
Investment properties
Vacant properties
An Overview of the Florida Real Estate Market
Florida is known for its vibrant real estate market, with the cities of Miami, Jacksonville, Orlando, Tampa, Fort Lauderdale and South Florida offering a wealth of investment opportunities.
Miami, Florida
The Miami real estate market started off 2023 with a bang, as home values rose 6.1% year-over-year and averaged $525K! Additionally, these homes sell in an average of 71 days—significantly shorter than the national median listing time. This indicates that investing in property within this area could be extremely profitable over the next few months. Don’t miss out on your chance to capitalize on such remarkable opportunities!
Jacksonville, Florida
The thriving real estate industry in Jacksonville has seen remarkable growth since 2019, with home prices climbing by 4.2% over the last year to an average of $281K. Even more impressive is that these homes are selling at a rapid clip – within just 59 days! This trend illustrates the public’s confidence in this dynamic market and might be signaling that now is the ideal time for investors to capitalize on all it has to offer.
Orlando, Florida
In September 2022, the median price of homes in Orlando skyrocketed to a remarkable $361K – an increase of 15.3% from one year prior! An additional win for potential investors is that these residences were snapped up within only 20 days. If you’re planning on taking advantage of this incredible opportunity, consider obtaining funding from a Florida mixed use hard money loan provider since they can fast-track your acquisition process and get those funds flowing quickly into your desired property!
Tampa, Florida
Unbelievably, the real estate market in Tampa Bay is booming, with average home prices skyrocketing 21.4% to a whopping $440k! Not only that, but homes are selling quicker than ever before – an incredible 54 days compared to the nation’s 76 day standard. Florida Realtors recently made this groundbreaking announcement demonstrating just how attractive and profitable investing in this area can be.
Fort Lauderdale, Florida
By January 2023, Fort Lauderdale homes had skyrocketed to an astonishingly high median listing price of $540K—a jump of 12.8% compared to the year before! Most properties were sold within merely 63 days on the market, showing what a hot real estate market this city is becoming.
South Florida
South Florida’s real estate market has seen incredible appreciation, with the median sale price for single-family homes propelling upwards by 11.7% from 2020 to 2021! Right now, the median sale value of a single-family home is $375K – an astounding example of growth that continues to leave its mark on this area.
Our Florida Hard Money Lender Will Help You Secure Your Mixed Use Hard Money Loan
Finding the perfect financing solution for your mixed-use property is easier than ever with a Florida hard money lender. Not only can we provide the capital you need to purchase a mixed-use property, but can also offer competitive rates and terms tailored to your needs.
With a team of experienced professionals who specialize in providing financing for mixed-use properties, you can rest assured that you have the best chance of securing the loan you need. Don’t hesitate to act now and start investing in this dynamic market!
