← 27 Pillar Ln, Palm Coast, FL 32164 · All properties

DESCRIPTION-FULL-2026-04-12 - 27 Pillar Ln, Palm Coast, FL 32164.md

This page is a searchable text preview. Use the Dropbox link for the full original file.

Open full file in Dropbox

What This File Appears To Be

**Renovated & Furnished 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 retains <1% ownership in the LLC. - View proof of Calixte's ownership prior to the title transfer [here](https://www.dropbox.com/scl/fi/phe3epyarqzx00

Text Preview

**Renovated & Furnished 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 retains <1% ownership in the LLC.
- View proof of Calixte's ownership prior to the title transfer [here](https://www.dropbox.com/scl/fi/phe3epyarqzx00d6549jo/Title-Report-27-Pillar-Lane-Palm-Coast-FL-32164.pdf?rlkey=417pkzj500s54gq9if5hjnduo&st=es8643or&dl=0). View proof of title transfer to the LLC [here](https://www.dropbox.com/scl/fi/h1hl2slzrawgdsd02sopm/Quitclaim-Deed-27-Pillar-Lane-Palm-Coast-FL-32164.pdf?rlkey=kslq7q4f7psirhnbzlfg58kdp&st=xd42jwzk&dl=0). View the LLC documents [here](https://www.dropbox.com/scl/fo/7hcdleznlwrubog3zj5bi/AOi2EfHLSiBzIzc0gntD5W8?rlkey=v9vkph9jjbtmke9vnsxczwkp7&st=t6s51ncq&dl=0).

## Property Details
- Fully furnished, spacious 4 bedroom, 2 bathroom split floor plan home with a 2 car Garage.
- Welcoming entryway leading to a private Den/Office and a 4th Bedroom, which can also function as a media room.
- Spacious living room/kitchen/Dining combo for entertaining.
- Kitchen equipped with new appliances: Range, Microwave, Dishwasher, Refrigerator.
- Sliding glass door leading to the back patio and large yard.
- 3 spacious bedrooms separate from the owner's suite.
- Large bath with tub/shower combo.
- Owner's suite with ensuite bathroom: large walk-in shower, walk-in closet, and vanity sink.
- Laundry room with Washer/Dryer hookup.
- Located near public schools, community centers, shopping, and more in Palm Coast.

## Property Management and Insurance
- Managed by Earl Vanze Co (Manager of [ECO Systems, LLC](https://loftyassist.com/profiles/eco) as Authorized Representative for Kiwi LFTY400 DAO LLC
- [Insurance Policy](https://www.dropbox.com/scl/fi/s84pws9wset3s4j71nxco/Insurance-Policy-27-Pillar-Lane-Palm-Coast-FL-32164.pdf?rlkey=pv9oe021x3whxobrbqy1oomqh&st=1rwgg3ko&dl=0) from Olympus Insurance.

## Property Leverage
- This property has an interest-only loan of $346,500 with a balloon payment due on December 1st, 2028. View the loan documents [here](https://www.dropbox.com/scl/fi/xujxc8zw2a0ymuz1g27jq/Loan-Agreement-27-Pillar-Lane-Palm-Coast-FL-32164.pdf?rlkey=zcpe2836ekntdgf5nw8gt7cj9&st=eqkgv9vj&dl=0). If Calixte pays down the loan balance, his equity percentage in the property will increase and the levered rental yield of investors will decrease over time. Investors are not responsible for the loan payments and have the ability to change this structure via a governance vote.
- Calixte is responsible for 100% of the loan payments.

## Occupancy Status
- The co-owner is currently withholding rental income. See the "Property Updates" section below for more details.
- 1 year lease (01/01/2026 - 12/31/2026)
- $2,800/month
- $2,800 Security Deposit
- [Lease Agreement](https://www.dropbox.com/scl/fi/0hyvxx6x8lfp78ez750my/Lease-Agreement-2026-01-01-to-2026-12-31-27-Pillar-Lane-Palm-Coast-FL-32164-signed-redacted.pdf?rlkey=u5cxqrmpk088unst2n0holzob&dl=0)
- The tenant is sub-leasing the property as a short-term rental (STR) with permission from ECO Systems LLC. [View the Airbnb listing](https://airbnb.com/h/pillar).

## Location Data
- "B" Rating for Zip Code on [Niche](https://www.niche.com/places-to-live/z/32164/)

## Due Diligence Documents
- [HouseCanary Property Valuation Report](https://www.dropbox.com/scl/fi/vzdglcqjjblh34bao7tdw/Property-Valuation-Reports-May-2024-27-Pillar-Ln-Palm-Coast-FL-32164.pdf?rlkey=17eey8kw1u1s6c7mdyfelsuih&st=xhfioa42&dl=0)
- [Quitclaim Deed](https://www.dropbox.com/scl/fi/h1hl2slzrawgdsd02sopm/Quitclaim-Deed-27-Pillar-Lane-Palm-Coast-FL-32164.pdf?rlkey=kslq7q4f7psirhnbzlfg58kdp&st=xd42jwzk&dl=0)
- [Appraisal](https://www.dropbox.com/scl/fi/gi00wnoz2rrbuzgge796s/Appraisal-27-Pillar-Lane-Palm-Coast-FL-32164.pdf?rlkey=ia3iu4mufd8lz8297ncpy6phf&st=rxp4qs1l&dl=0)
- [Inspection Report](https://www.dropbox.com/scl/fi/52h62djltc1kmj1tn5x3c/Inspection-Report-27-Pillar-Lane-Palm-Coast-FL-32164.pdf?rlkey=5xb9li0t1798tu3grocjgqx21&st=eq76hgs0&dl=0)
- [Title Report](https://www.dropbox.com/scl/fi/phe3epyarqzx00d6549jo/Title-Report-27-Pillar-Lane-Palm-Coast-FL-32164.pdf?rlkey=417pkzj500s54gq9if5hjnduo&st=es8643or&dl=0)
- [Operating Agreement](https://www.dropbox.com/scl/fi/xnf283d6yyzyfbtw6imwb/Operating-Agreement-27-Pillar-Lane-Palm-Coast-FL-32164.pdf?rlkey=ihea0u19uvrvyqudtju82p7nr&st=v5vak0od&dl=0)
- [View All Documents](https://www.dropbox.com/scl/fo/etf2c8tz34lez7hm3fqf0/AKhv8kpIaMCC3Q-uYohiGNw?rlkey=z31z68vk4a2xxodqqfdhyherj&st=m640vyfp&dl=0)
- [View All Updates](https://www.loftyassist.com/properties/01HWGEKTRMRFKFR2TQ2WN3SRDM)