Lofty
Vacation RentalCash Flowing

230 Seacrest Ln

Delray Beach, FL 33444
4 Beds3 Baths1,872 Sqft
Investor Reviews:N/A/5(0 reviews)
$31$34$37$40Jul 3Jul 16Jul 28
CProperty managed by Christopher Mygatt

About

Guest-favorite vacation rental with a 5.0 rating on Airbnb, managed by Chris, a Superhost with a 4.9 rating who operates six high-end short-term rentals under Delray Nightly. The 4-bedroom, 3-bath villa includes a private heated pool, sun shelf, and hot tub surrounded by palm trees. Interior amenities include foosball, air hockey, and a Sonos sound system, with additional outdoor games like ping pong and cornhole.

Property Management

Christopher Mygatt

Christopher Mygatt listed this property and runs its day-to-day operations — tenants, upkeep, and rent collection — so shareholders never carry the landlord workload themselves.

Due Diligence Documents

Offering Details

Total Property Value$1,490,900
Equity$863,870
Debt$627,030
Closing Costs (incl. inspection & appraisal)$59,100
LLC Formation$650
Operating Reserve$4,809.72

The Market

Delray Beach, FL
230 Seacrest Ln
230 Seacrest Ln, Delray Beach, FL 33444

Delray Beach offers a mix of neighborhood livability, local employment, and day-to-day amenities that support long-term housing demand. Ask Lofty AI to compare this market against any other on the platform.

Property Updates

  • Property Update (07/14/2026):
    • Owners are now receiving the net cash flow for the month of June on a daily basis until August 12th.
    • The net cash flow in June was $2,035.25, compared to May's net cashflow of -$3,991.07.
    • Profit & Loss Statement

Investor Reviews

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Frequently Asked Questions

How Lofty works+

Each property is held by its own LLC and divided into shares recorded on chain. Buy as few or as many as you like, collect rent daily, and trade on the order book anytime.

What returns can I expect, and how often are rental payments distributed to investors?+

Your share of net rent accrues every day, and appreciation is realized when you sell. Every listing shows its projected yield and full expense breakdown.

How does leverage work?+

Some properties carry a loan. Debt boosts cash-on-cash returns when rents outrun the payment — and cuts the other way when they don’t. Leveraged listings show the balance in Financials.

How are property decisions made?+

Big decisions — repairs, refinancing, selling — go to a shareholder vote through the property’s governance DAO, with results executed by the managing agent.

Where can I communicate with the other co-owners?+

Every property has an owners’ discussion space where co-owners talk through upcoming votes and updates.

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$39.50/share
121
Avg Rental Yield 11.51%
Current Rental Yield 10.21%
Valuation21.00% undervalued
Market $1,177,811 vs fair value $1,490,900
Buy order
1 share × $39.50$39.50
Buyer fee (3%)$1.19
Total$40.69

Demo settlement — no real transaction.