9264 Dickens Ave
Asset Issuer
Lofty AI
Asset Platform
Lofty AI
Asset Name
9264 Dickens Ave
Asset Class
Real Estate
Asset Type
Single family
Asset Abbreviation
9264-dickens-ave
Asset Fraction Price
$ 50.00
Asset Fraction Yield
15.88%
Asset Fraction Maturity
N/A
Min. Investment Size
$ 50.00
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
Surfside, FL 33154
Asset Fraction Type
Security Tokens
Asset Standard
N/A
Blockchain Network
N/A
Total Asset Fraction Supply
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
