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New Construction loans for Florida builds.

Ground-up construction loans for builders and investors developing new properties in Florida. Finance up to 85% of your land purchase and 85% of construction costs on a single loan. Rates from 10%, non-Dutch interest, and land doesn't need to be permitted to qualify. Loans $100K to $7.5M.

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SLA Capital — a Sir Lends A Lot LLC Company

What is a new construction loan?

A new construction loan is short-term financing for building a property from the ground up. It typically covers land acquisition, vertical construction, and an interest reserve on a single loan, with construction funds disbursed via draws as the build progresses through inspection milestones. Once construction is complete, the loan is paid off through a sale of the finished property or refinanced into long-term financing.

Florida market

Why Florida works for investor lending.

Florida is one of the largest single-family rental markets in the U.S. No state income tax, sustained population inflow, and strong demand for both long-term and short-term rentals. Florida landlord-tenant law is generally landlord-friendly at the state level.

No state income tax

Rental income and capital gains from Florida properties are not subject to state income tax — a meaningful yield boost over the hold period.

Sustained population inflow

Florida continues to attract high volumes of domestic migration — retirees, remote workers, and families relocating from higher-tax states. Rental demand stays deep across every metro.

STR + LTR flexibility

Metros like Orlando, Miami, and the Gulf Coast have active short-term rental markets alongside long-term rentals — Florida investors often run mixed strategies on the same portfolio.

Metros served

SLA Capital lends across every Florida metro.

Whether you're closing a single-asset SFR in a smaller Florida market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:

Miami–Dade

Miami, Miami Beach, Doral, Hialeah — LTR + STR scenarios

Tampa Bay

Tampa, St. Petersburg, Clearwater, Brandon

Orlando

Metro Orlando — including Kissimmee, Davenport, Lake Nona (STR corridor)

Jacksonville

Duval County, Ponte Vedra, St. Augustine

Fort Lauderdale

Broward County, Coral Springs, Hollywood, Pompano Beach

Cape Coral–Fort Myers

Southwest Florida — Naples, Bonita Springs, Estero

Sarasota & Panhandle

Sarasota, Bradenton, Pensacola, Panama City

Everywhere else

Statewide coverage — send us any Florida property

Florida New Construction terms.

Same nationwide program, no state-specific surcharges.

Pricing

Rates from 10%

Up-front pricing on every loan. The rate you're quoted is the rate you close at — no surprises at the closing table.

Leverage

85% land / 85% build

Up to 85% of the land purchase price plus 85% of construction costs. High leverage that keeps your capital deployable.

Interest

Non-Dutch interest

Pay interest only on the funds you've actually drawn, not on the undrawn balance. Keeps carrying costs down during early build phases.

Term

18 or 24 months

Choose the term that fits your build schedule. Straightforward extensions available on active projects.

Approval

Unpermitted land OK

Land does not need to be permitted or warranted before loan approval. Get under contract and permit in parallel.

Size

$100K to $7.5M

From single infill lots to multi-unit projects across Florida. Same clean underwriting from starter builds up to $7.5M.

Florida New Construction FAQ

Common questions about New Construction loans in Florida.

Does SLA Capital lend on New Construction in Florida?

Yes. SLA Capital funds New Construction loans throughout Florida — Miami–Dade, Tampa Bay, Orlando, Jacksonville, Fort Lauderdale, and every other FL metro. Rates from 10%, up to 85% land + 85% construction.

How much of the Florida project does SLA finance?

SLA Capital finances up to 85% of the land purchase plus 85% of construction costs in Florida. Loans range from $100,000 to $7,500,000.

Does the land need to be permitted to qualify?

No. SLA Capital does not require the land to be permitted or warranted before loan approval. Get under contract and start underwriting in parallel with permitting.

How is interest calculated on the loan?

Non-Dutch interest — borrowers pay interest only on funds that have been drawn, not on the undrawn balance. This keeps carrying costs down during early build phases when most of the loan hasn't been disbursed yet.

Is Florida a good state for ground-up builders?

Florida is one of the largest single-family rental markets in the U.S. No state income tax, sustained population inflow, and strong demand for both long-term and short-term rentals. Florida landlord-tenant law is generally landlord-friendly at the state level.

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