← 49 Bannbury Ln, Palm Coast, FL 32137 · All properties

DESCRIPTION-FULL-2026-04-12 - 49 Bannbury Ln, Palm Coast, FL 32137.md

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**Newly Constructed (2023) 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.dr

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**Newly Constructed (2023) 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/l9nn1jz7jebsu8gvgz5e7/Title-Report-49-Bannbury-Ln-Palm-Coast-FL-32137.pdf?rlkey=f1i4gfe4fe4m4m1p5yc3ovxwi&st=ralnflet&dl=0). View proof of title transfer to the LLC [here](https://www.dropbox.com/scl/fi/d0qtijg75mroqeaamj9os/Quitclaim-Deed-49-Bannbury-Ln-Palm-Coast-FL-32137.pdf?rlkey=p9nclmihi7yr13x8je8snavw0&st=q3nxak28&dl=0). View the LLC documents [here](https://www.dropbox.com/scl/fo/82h6zm31p2y1qk6kb9tz2/AEX3NhNGMeh0zkLhBSXvhoY?rlkey=o08ip9fdlne0jmy2ybjudkh2m&st=ywx448bq&dl=0).

## Property Details
- Built in 2023
- 3 bed, 2 bath split floor plan home with open concept design
- Entryway opens to a Family room on the left and a dining room on the right
- Dining room flows into a spacious kitchen, perfect for cooking family dinners
- Kitchen includes all new Whirlpool appliances and a breakfast bar, open to the living room
- Spacious living room features a sliding glass door that leads to the back patio and large yard, perfect for entertaining on cool spring nights
- Two spacious bedrooms are located separately from the owner's suite and share a large bathroom with a tub/shower combo
- Owner's suite offers a private retreat with an ensuite bathroom featuring a large walk-in shower, walk-in closet providing ample storage space, and a vanity sink for added convenience
- Laundry room includes a washer/dryer hookup and leads to the 2-car garage
- Home is conveniently located near public schools, community centers, shopping, and other amenities that Palm Coast offers

## Property Management and Insurance
- Managed by Earl Vanze Co (Manager of [ECO Systems, LLC](https://loftyassist.com/profiles/eco) as Authorized Representative for Cherry LFTY0412 DAO LLC
- [Insurance Policy](https://www.dropbox.com/scl/fi/88grnur04k88flfyw7rde/Insurance-Policy-49-Bannbury-Ln-Palm-Coast-FL-32137.pdf?rlkey=un2ytsoodwvwq76tgtuj49khy&st=z7lbo25n&dl=0) from Tower Hill Insurance.

## Property Leverage
- This property has a loan of $297,415 with a balloon payment due on June 1st, 2028. View the loan documents [here](https://www.dropbox.com/scl/fo/skafm9lo7f2n6uxnx2rfb/AJTkbsrySa8hgf6c8Le0_zc?rlkey=cr4w0xs2incrc8brfi5s1cq3v&st=cxb06af6&dl=0). 
- The seller, Calixte Duffaut, will follow the regular amortization schedule, even though the loan terms specify interest-only payments.
- As 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.

## Occupancy Status
- 1 year lease (01/01/2026 - 12/31/2026)
- $1,850/month
- $1,850 Security Deposit
- [Lease Agreement](https://www.dropbox.com/scl/fi/vtctpzmshl56n64d6txiw/Lease-Agreement-signed-redacted-49-Bannbury-Ln-Palm-Coast-FL-32137_Redacted.pdf?rlkey=uvjygfrus0o2cb6w9ux7pivah&dl=0)

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

## Due Diligence Documents
- [Quitclaim Deed](https://www.dropbox.com/scl/fi/d0qtijg75mroqeaamj9os/Quitclaim-Deed-49-Bannbury-Ln-Palm-Coast-FL-32137.pdf?rlkey=p9nclmihi7yr13x8je8snavw0&st=q3nxak28&dl=0)
- [Title Report](https://www.dropbox.com/scl/fi/l9nn1jz7jebsu8gvgz5e7/Title-Report-49-Bannbury-Ln-Palm-Coast-FL-32137.pdf?rlkey=f1i4gfe4fe4m4m1p5yc3ovxwi&st=ralnflet&dl=0)
- [Appraisal](https://www.dropbox.com/scl/fi/n02pd5moytnuxxbr15ph1/Appraisal-49-Bannbury-Ln-Palm-Coast-FL-32137.pdf?rlkey=dbd4fzwujlkjr80faj39xwygo&st=okxqfmvm&dl=0)
- [Inspection Report](https://www.dropbox.com/scl/fi/svykzif8ppo4oe5a8qh11/Inspection-Report-49-Bannbury-Ln-Palm-Coast-FL-32137.pdf?rlkey=dq4c949lzovzl3cqcozy2gtq9&st=klb52834&dl=0)
- [Operating Agreement](https://www.dropbox.com/scl/fi/xhrb6esxvsa18hk1cr9d7/Operating-Agreement-Cherry-LFTY0412-DAO-LLC-1.pdf?rlkey=ez4pq6ic2p2lfnmbt7484ql6d&st=9etkslvf&dl=0)
- [View All Documents](https://www.dropbox.com/scl/fo/pnlujlps78tauaj4rkrs4/AIRCu0NWJbDNiFSMGRsNxYY?rlkey=3sp2wwbl9me1on6hbr4gnfhk9&st=ylebu7b7&dl=0)
- [View All Updates](https://www.loftyassist.com/properties/01J020EQJ0M9S7MXBZJQGMESWB)