Paradise Flound Florida
current Project areas
Homes Made Possible Foundation Inc. 501C 3
1058 N Tamiami trl. Su 108
Sarasota Fl. 34236
941 320 5448
Affordable housing Charlette and Sarasota County
Homes Made Possible Foundation Inc 501 C 3 or HMPF has teamed up with Charlotte County human services to provide down payment assistance for buyer at 80 % or less of the AMI. We are looking for investors to buy land for 20K per lot and title in their name. HMPF will identify the land and permit the property. Once permitted investor can pay for construction or get a construction loan that HMPF will assist. The cost for construction including land is $158,000 with a sale price of $269,000 less $20,000 to buyer from grant. Net proceeds to be split with HMPF of which may be treated as a donation. Example 50K to investor profit plus 50K donation for the investor for tax write off.
We are trying to solve the three Florida problems, hurricanes, insurance and affordability. We have solved with 200-mph wind load, a fireproof inner steel super structure which will reduce monthly payment with lower insurance. AC monthly payments will also be reduced with R 35 insulation. We are doing this with attached steel homes which can be up in 70 to 90 days from permitting. Part of the program with Charlotte County human service fast tracking the permits. We are looking to help the community and provide a return for the investor...
We have been developing in Charlotte and Sarasota counites. These areas had lots laid out in the 60s by General development. The lots are average of 10,000 sq ft and $20,000 price with 6,297 available in Charlotte and 2,032 in Sarasota. We currently have 70 plus in permitting or in the field and are ready to scale up for these steel homes.
Michael O Kane
Board member
941 320 5448
Unique 1,000 acres 1,000 lots 99-year land lease – 3 - 33-year lot use
Simple Summary
First 33 years of lot use approx. paper value $600,000,000.00 Million
Zoned AG2 Land.
60 feet above sea level. Annual taxes under $3,000. Plated and approved. Septic and well required, or can tap in to city sewer approx. 2 miles away.
Nearly 1,000 acres fully and platted community with approvals ready to build nearly 1,000 single-family homes. Building permit ready.
Zoning & Land Use was changed to Single Family Residential as the property moved through the approval process. Fronts on paved highway connecting the village of Dunnellon 5 miles to the west, 20 miles to Ocala and not far from The Villages with Orlando less than an hour away. Interior mail paved road in place with $2 MILLION of Existing Improvements!
Main entrance is gated and landscaped and is ready to pull permits and start construction. Private airport down the road with no control tower is used mainly for hobbyist, but you can also fly into via single or twin-engine prop planes. There is no commercial traffic.
