For Sale: 2902 Punta Palma Ct, Holiday, FL 34691

Take Over a Non-Performing Note – Turnkey Florida Home with $100K+ in Equity

Address: 2902 Punta Palma Ct, Holiday, FL 34691

Here’s a rare opportunity to acquire a non-performing FHA note on a turnkey 5-bedroom home in a strong Florida neighborhood—with over $100,000 in built-in equity.

Key Deal Points:
• Take control of the note for just $30K

• Loan balance: ~$420K + ~$20K behind

• ARV: $570K+

• Status: In forbearance (not pre-foreclosure)

• Monthly Rent Potential: ~$3,000

• Short-term rentals not allowed (long-term strategies only)

Property Highlights:
• 3,050 sq. ft. | 5 Beds | 4 Baths | 3-Car Garage

• New Roof & AC Units (2022) – turnkey condition

• No flood zone – never flooded, even in major storms

• HOA: $125/month

• Community amenities: Pool, spa, gym, clubhouse, tennis & pickleball courts

Strategy Ideas:

• Rent long-term while you negotiate a loan mod or short sale

• Use as a lease-option or wraparound resale

• Buy the note later at a discount

• Partner with capital and scale

This is a creative investor deal—not retail, not conventional. You’re buying control of the paper, not just the property.

Let me know if you want photos or a call to walk through it.

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