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230 Seacrest Ln
230 Seacrest Ln
Delray Beach, FL 33444
Airbnb listing
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
Chris Mygatt
Chris Mygatt has nearly four decades of real estate experience, excelling in sales, management, and investment, including leadership roles overseeing 1,500 agents and 20 offices with Coldwell Banker. After retiring in 2022, he leveraged his expertise to acquire and renovate five luxury vacation rentals in Delray Beach.
Due Diligence Documents
About this offering
The Market
Delray Beach, FL
Delray Beach, FL offers a mix of neighborhood livability, local employment centers, and day-to-day amenities that support long-term housing demand. The area benefits from access to major commuter routes, schools, and retail services, while continuing to attract residents looking for affordability and convenience. As population and job activity remain steady across the broader region, rental demand is generally supported by both local households and in-migration trends.
Property Updates
Owner-proposed Governance Results for 230 Seacrest Ln:
The governance results are back for the most recent governance vote.
The winning vote is:
YES — I approve the purchase of all outstanding shares of 230 Seacrest Lane by Chris Mygatt at $50.00 per share.
This voting option received 31 out of 35 votes and 98.79% of the voting power. This is a co-ownership property, which means the governance mechanism used the scaled governance calculations as opposed to the default of 1 share equals 1 vote.
The voting results can be found on chain here or by searching the application ID: 3678382951
Investor Reviews
Frequently Asked Questions
Have questions?
Have other questions? Learn how Lofty works
Share price
230 Seacrest Ln
Delray Beach, FL 33444
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
Chris Mygatt
Chris Mygatt has nearly four decades of real estate experience, excelling in sales, management, and investment, including leadership roles overseeing 1,500 agents and 20 offices with Coldwell Banker. After retiring in 2022, he leveraged his expertise to acquire and renovate five luxury vacation rentals in Delray Beach.
Due Diligence Documents
Offering Details
The Market
Delray Beach, FL
Delray Beach, FL offers a mix of neighborhood livability, local employment centers, and day-to-day amenities that support long-term housing demand. The area benefits from access to major commuter routes, schools, and retail services, while continuing to attract residents looking for affordability and convenience. As population and job activity remain steady across the broader region, rental demand is generally supported by both local households and in-migration trends.
Property Updates
Owner-proposed Governance Results for 230 Seacrest Ln:
The governance results are back for the most recent governance vote.
The winning vote is:
YES — I approve the purchase of all outstanding shares of 230 Seacrest Lane by Chris Mygatt at $50.00 per share.
This voting option received 31 out of 35 votes and 98.79% of the voting power. This is a co-ownership property, which means the governance mechanism used the scaled governance calculations as opposed to the default of 1 share equals 1 vote.
The voting results can be found on chain here or by searching the application ID: 3678382951
Investor Reviews
Frequently Asked Questions
Need Help?
Have other questions? Learn how Lofty works
Not paying rent right now
Projected Returns
Investing with Lofty can generate returns in two ways:
1) Annual cash flow from rental income.
2) Annual appreciation from long-term property value changes.
Monthly Cash Flow
$10,862.84
Monthly Rent
$10,862.84
Monthly Expenses
$0.00
Paid to investors
Annual Appreciation
Based on the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single family homes appreciated an average of 11% per year over the last 20 years (March 31, 2003 - March 31, 2023).
This figure reflects a national benchmark for single family homes in the 35th to 65th home-price percentile range and may not represent this specific property's zip code. Real-world returns can also vary based on investment costs, hold period, and leverage.
Use the returns calculator below to explore how different assumptions can impact your hypothetical investment outcome.
Projected Returns Calculator
Adjust the assumptions below to model how this property could grow over 7 years.
Annualized Return
+3.6%
per year over 7 years
7-Year Projection
$1,286
+$286 vs. initial $1,000
This calculator is for illustrative purposes only and displays a range of hypothetical investment outcomes based on the inputs you provide. Actual investment outcomes depend on many factors and cannot be determined before the investment period ends. Historical performance is not indicative of future results.
The calculations assume a 7-year hold period and an average annual net operating income increase of 3%. The 10- and 20-year averages are based on data from the ZHVI Single Family Homes Time Series and reflect averages for single-family homes in the 35th to 65th percentile by home price.