← 122 Florida Park Dr, Palm Coast, FL 32137 · All properties

DESCRIPTION-FULL-2026-04-12 - 122 Florida Park Dr, Palm Coast, FL 32137.md

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**Renovated Single Family Home located in Palm Coast, Florida** ## Offering Details - Calixte Duffaut transferred his property's deed to a new LLC and is selling a portion of the LLC on the Lofty Marketplace. This property is the only asset owned by the LLC. - Tokens represent direct ownership in the LLC that owns the property. Calixte will maintain at least 10% ownership in the LLC indefinitely. - View proof of Calixte's ownership prior to the title transfer [here](https://www.dropbox.com/scl/f

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**Renovated Single Family Home located in Palm Coast, Florida**

## Offering Details
- Calixte Duffaut transferred his property's deed to a new LLC and is selling a portion of the LLC on the Lofty Marketplace. This property is the only asset owned by the LLC.
- Tokens represent direct ownership in the LLC that owns the property. Calixte will maintain at least 10% ownership in the LLC indefinitely.
- View proof of Calixte's ownership prior to the title transfer [here](https://www.dropbox.com/scl/fi/ggj4n1r9gwtowilviardf/Title-Report-122-Florida-Park-Dr-Palm-Coast-FL-32137.pdf?rlkey=ceicb4ghgv3wnigpzo4cxwx7y&dl=0). View proof of title transfer to the LLC [here](https://www.dropbox.com/scl/fi/bpo60xpxm051q5rde2t3c/Quitclaim-Deed-122-Florida-Park-Dr-Palm-Coast-FL-32137.pdf?rlkey=5yrw6dd2edkm0z1qjsik1u8oz&dl=0). View the LLC documents [here](https://www.dropbox.com/scl/fo/94sy82ns4zjicvi9ed84v/AFETbVDjhqwHhxs3BN5-K4o?rlkey=h5eru0rs7ya11m6yx4nq1srnm&st=43esj1y8&dl=0).

## Property Details
- This charming 3 bedroom, 2 bathroom home with a bonus office is located in Palm Coast's sought-after Palm Harbor neighborhood.
- This spacious residence spans 1,723 square feet and sits on an oversized lot with a convenient circle driveway and covered patio.
- Recent upgrades include a new A/C system, hot water heater, and washer/dryer.
- The interior has been freshly painted, giving the home a bright and welcoming atmosphere.
- Enjoy the convenience of the ideal location, just minutes away from shopping, restaurants, and the famous Flagler Beaches.
- Palm Coast offers a paradise of recreational activities with its extensive network of over 100 miles of bike paths and nearby parks.
- This home is situated in the highly desired F-section of Palm Coast.
- The photos above have been virtually staged.
- The current tenant has the option to sign a 5 year rent-to-own lease after the first year or sooner at a purchase price of $450,000.
- If the tenant purchases the property for $450,000 on March 31, 2029, all owners will receive funds at the value of $450,000, plus all funds in the Operating Reserve, based on their prorata share of ownership.

## Property Management and Insurance
- Managed by Whalec Property Management
- [Insurance Policy](https://www.dropbox.com/scl/fi/trqtkb6rzl2treg649jd9/Insurance-Policy-122-Florida-Park-Dr-Palm-Coast-FL-32137.pdf?rlkey=t6aiu54xzpcl2gpkhizol3rh6&dl=0) from People's Trust.
- View [Flood Insurance](https://www.dropbox.com/scl/fi/d05q4483gw3znd9dtp1c9/Flood-Insurance-122-Florida-Park-Dr-Palm-Coast-FL-32137.pdf?rlkey=t3k0w1p9d64wndvba5o0ssma1&dl=0)

## Property Leverage
- This property has a current loan balance of $280,000.00. View the loan documents [here](https://www.dropbox.com/scl/fi/81erw13gak2d4pk6e8ziv/Loan-Agreement-122-Florida-Park-Dr-Palm-Coast-FL-32137.pdf?rlkey=9pwq10i92k6wjuo1uhv9si64v&dl=0).
- As the seller, Calixte Duffaut, pays down 100% of the loan payments, his equity percentage in the property will increase and the levered rental yield of investors will decrease over time. Investors have the ability to change this structure via a governance vote.

## Occupancy Status
- 1 year lease (02/27/2024 - 02/26/2025)
- $2,500/month
- [Lease Agreement](https://www.dropbox.com/scl/fi/thxczef05ymrhek5wmwc7/Lease-02-27-2024-02-26-2025-122-Florida-Park-Dr-Palm-Coast-FL-32137_Redacted.pdf?rlkey=xu4aall0erfbon6hvha3i0111&dl=0)
- The tenant has the option to sign a 5 year rent-to-own lease after the first year or sooner at a purchase price of $450,000. At the time of signing, the tenant will pay a non-refundable down deposit of $15,750 toward the purchase of the property and will sign a contract drafted by Smith Bigman Brock law firm. Rent will be at $2,500/month for the 5 year rent-to-own period.
- [Rent-to-own agreement (not signed)](https://www.dropbox.com/scl/fi/31to0w5razt8kvcx03w9y/Rent-to-own-Agreement-not-signed-122-Florida-Park-Dr-Palm-Coast-FL-32137.pdf?rlkey=yhydu5zefg6lxvm8p1c2qpa01&dl=0)

## Location Data
- "B+" Rating for Zip Code on [Niche](https://www.niche.com/places-to-live/z/32137/)

## Due Diligence Documents
- [HouseCanary Property Valuation Report](https://www.dropbox.com/scl/fi/a58bxtpd5vdgemtn7ksrz/Property-Valuation-Reports-May-2024-122-Florida-Park-Dr-Palm-Coast-FL-32137.pdf?rlkey=8ap9fheou5a9ksxgd3t89u6on&st=kr9ir3aa&dl=0)
- [QuitClaim Deed](https://www.dropbox.com/scl/fi/bpo60xpxm051q5rde2t3c/Quitclaim-Deed-122-Florida-Park-Dr-Palm-Coast-FL-32137.pdf?rlkey=5yrw6dd2edkm0z1qjsik1u8oz&dl=0)
- [Appraisal](https://www.dropbox.com/scl/fi/lfb4qrhclsghf07tqtdyk/Appraisal-122-Florida-Park-Dr-Palm-Coast-FL-32137.pdf?rlkey=vmutx4wwnoq5qlg2lapa7osx8&dl=0)
- [Inspection Report](https://www.dropbox.com/scl/fi/94askrt5u6o63wmk143t9/Inspection-Report-122-Florida-Park-Dr-Palm-Coast-FL-32137.pdf?rlkey=vhet8se8ot4qgj4m2vestxgck&dl=0)
- [Title Report](https://www.dropbox.com/scl/fi/ggj4n1r9gwtowilviardf/Title-Report-122-Florida-Park-Dr-Palm-Coast-FL-32137.pdf?rlkey=ceicb4ghgv3wnigpzo4cxwx7y&dl=0)
- [Operating Agreement](https://www.dropbox.com/scl/fi/6a6w6junof6u5969df7wd/Operating-Agreement-Goose-LFTY0320-DAO-LLC.pdf?rlkey=4res16m596am0zb4udfuzc9wp&dl=0)
- [View All Documents](https://www.dropbox.com/scl/fo/zed5bzjf5r7d3n5ebhgva/h?rlkey=jj3f6d2aygk9eknyfufel4moe&dl=0)