Founding Florida Alpha
A living acquisition board, not a blog list. A property enters only when it is active or realistically actionable and the thesis can be documented. Ranked by recommendation, then composite score.
Cheapest 60-ft-seawall canal home on the benchmark island: buy remediated shell at land-plus value, rebuild/elevate, exit into dredged-canal market at Longbeach Village comps well above $1.5M.
Benchmark Dunnellon asset: true Rainbow River frontage at ~$405/sqft with ~500 DOM signals a burned-out listing; renovate to spring-river STR/second-home spec where renovated river comps list $1.35M-$2.5M.
Deep-distress land bank on Hutchinson Island at a fraction of improved-lot value; renourished shoreline and insurance relief improve the medium-term buildability/exit case.
Lender-associated harbor-access home under $500k prices at roughly half of comparable PGI product with the same water.
Fort Pierce is the last cheap deep-water inlet town between Palm Beach and Cape Canaveral; buy distressed houses and small waterfront parcels ahead of marina/port capital deployment.
Buy the thin sub-$1.25M distressed/remediated canal inventory on the benchmark island ahead of restored navigable depth — the single biggest value lever for this stock.
Systematically bid stale (150+ DOM) waterfront parcels 15-25% below ask; restoration and 2029 Parkway are slow-burn catalysts the retail market is not pricing while DOM stretches.
True Intracoastal frontage with private dock at lakefront-tract pricing; Sebastian Inlet access supports boater STR/MTR or long-term land appreciation.
Homes priced for years as 'behind the lock' now have true unrestricted gulf access; current distress lets a buyer capture the upgrade before repricing.
Target the stale-listing tail of the strongest waterfront submarket in the county — sellers conceding 5%+ into a segment with intact long-run demand.
Assemble remediated dock-slip condos at boat-slip-value pricing; dock+lift infrastructure is the scarce asset, drywall is cheap.
Motivated-seller entry into Gulf/canal frontage minutes from Kings Bay manatee tourism core; Parkway Phase 3 (2029) compresses Tampa drive time, repricing west-side waterfront.
Motivated-seller waterfront with dockage near the Manatee Pocket / Port Salerno sailfish-fleet economy; negotiate 5-10% below ask into the strongest charter-fishing micro-economy on the coast.
Lowest-cost boatable-water entry on Merritt Island in this scan; renovate-and-rent to Space Coast workforce or reposition as launch-week STR at minimal basis.
Sub-$70k foreclosure-channel gulf-access dirt — cheap long-dated call on South Gulf Cove build-out and county inventory normalization.
Barbell: harvest discounted mainland condos/foreclosures for MTR cash flow while stalking rare sub-$1.25M Venice Island water-access listings at 120+ DOM.
West-bank Indian River frontage is the permanent grandstand for KSC launches; acquire price-cut riverfront under $900K and convert to event-priced STRs monetizing the launch calendar.
True oceanfront (private elevator, 3/3) below $1.25M in Marathon is nearly nonexistent; if the distress flag and cut verify, this is premium water hidden by messy marketing/data in a weekly-rental-legal city.
Sub-$900K ocean-access canal 3/2 with dock adjacent to downtown redevelopment; motivated cut plus condo-refugee demand (12.9 months condo supply pushing buyers to fee-simple canal homes).
Scarce near-river gulf-access dirt in the Yacht Club area under $660k — asymmetric upside if either municipal project restarts.