9264 Dickens Ave
Asset Issuer
Lofty AI
Asset Platform
Lofty AI
Asset Name
9264 Dickens Ave
Asset Class
Real Estate
Asset Type
Residential Real Estate
Asset Abbreviation
9264 DA
Asset Fraction Price
$ 51.90
Asset Fraction Yield
18.18%
Asset Fraction Maturity
N/A
Min. Investment Size
$ 51.90
Asset Fraction Sale End Date
Asset
Valuation
$ 4,674,350
Category
Description
From pristine beaches and top rated attractions, to lavish hotels, eclectic dining and a thriving arts and culture scene, Miami is regarded as one of the top destination cities in the world. Miami has a population of over 6 million people, making it the ninth largest city in the United States. It has the third-largest skyline in the U.S., and is a major center and leader in finance, commerce, culture, arts, and international trade. A major transportation and business hub, Miami is a leading resort and Atlantic Ocean port situated on Biscayne Bay. In August 2022, Miami home prices were up 22.6% compared to last year, selling for a median price of $515K. On average, homes in Miami sell after 46 days on the market compared to 51 days last year.
Features
• Brand new modern single-family home in Surfside, Florida
• 4,050 sq ft of expertly designed living space
• Six spacious bedrooms and 4.5 bathrooms, including a luxury master suite
• High-end Italian kitchen with state-of-the-art appliances and gas range
• Cozy breakfast nook and large pantry for added convenience
• Beautiful white oak wood flooring throughout the home
• Built by luxury developer EZ BH, specializing in high-end homes in Miami
• Rare large-size home approved before recent Surfside zoning code change
• All major systems under warranty: Roof (15 yrs), HVAC (10 yrs), Appliances (3 yrs), Plumbing parts (3 yrs), plus 2-year repair warranty
• Tax savings with property taxes currently ~75% lower than market value assessment
• Managed directly by co-owner and builder, Eitan Zimerman
• Occupied by first tenant since construction, renting for $22,000/month (lease through May 2026)
• Tenant interested in long-term purchase and has invested in property improvements
• Located in an "A" rated zip code with strong appreciation potential
• Property is tokenized for fractional ownership on Lofty Marketplace
• Loan balance of $3.27M, with co-owner paying 100% of loan payments
• Fully documented with title, appraisal, inspection, and operating agreements available for review
Details
Asset Platform URL
https://www.lofty.ai/
Asset Location
United States
Regulatory Jurisdiction
United States
Asset Fraction Type
Security Tokens
Asset Standard
N/A
Blockchain Network
N/A
Total Asset Fraction Supply
65,800 tokens
Asset Fraction Sale Allocation
93,487 tokens
Total Asset Fractions Sold (So Far)
27,687 tokens
Max. Investment Size
N/A
Asset Fraction Sale Start Date
June 3, 2024
Assesment/Rating Provider
Assesment/Rating
Assessment/Rating Proof
Financial Statements
Financial Audits
Asset Valuation
$ 4,674,350
Asset Valuation Documentation
Asset Ownership Structure
Company Registration
License or Regulatory Framework
Smart Contract
Smart Contract Audit
Whitepaper
