Seller Will Carry - 12 NEW homes each with four bedrooms/4.5 bathrooms plus powder room. It might be possible to have 7 beds per home.
Total bedrooms = 48 with total bed potential of 84.
Two-car side-by-side garages that can potentially be used recreation (ping pong, billiards, shuffleboard, arts/crafts, movies, massage, therapy sessions, card games, basketball shooting games, foosball)
Phenomenal location with a great 88 out of 100 walk score, great bike score (86 out of 100), and bus stops on the block
5. Gated community with cameras
6. Rooftop Decks with views and ocean breezes
Tax benefit potential of forecasted first year is $1,500,000 of depreciation resulting in a potential of $700,000 in tax savings (see attached cost segregation overview for one of the 12 homes). Please consult with your CPA as we cannot give tax advice.
New Construction Warranty (1/4/10 years)
The private street, Verona Court, is gated/fenced and approximately 24' x 125' for a total of approximately 3,000 sq. ft. Car access is from the rear, you could repurpose all or some of the private street and garages for: Horseshoes, Cornhole game, Basketball, Billiards, Ping Pong, Shuffleboard, Fire table/seating, Dining, Gardens, Hot Tub, Board/card games, Art/crafts, Movies, Gym, Yoga, Artificial grass.
If you have any questions or would like to schedule a showing, please contact me.