Summary
0 SCHOONER CT #1, PANACEA, FL is a $254,410 loan offering on a new construction project in PANACEA, FL listed on Groundfloor.
The offering carries a stated rate of 10%, a term of 12 months, a loan-to-value of 60.2%, and a minimum investment of $10.
It is secured by Real estate at 0 SCHOONER CT #1, FL, and the borrowing entity is COASTLINE CAPITAL.
According to the offering circular, on the property at 0 SCHOONER CT #1, with a 12-month term, a 10% rate to the borrower.
AltStreet tracks 5 other Groundfloor offerings in PANACEA, FL, with disclosed rates ranging from 10% to 13%, and across 4,355 tracked Groundfloor offerings the median disclosed rate is 10.5%.
Terms shown here are drawn from SEC filing 0001104659-21-128042 and were captured by AltStreet on 2026-05-31. Figures are as disclosed at the time of the offering and are not updated for subsequent performance.
Disclosed Terms
- Offering amount
- $254,410
- Stated rate
- 10%
- Term
- 12 months
- Loan-to-value
- 60.2%
- Minimum investment
- $10
- Project type
- New Construction
- Collateral
- Real Estate
- Return type
- Interest
- Borrowing entity
- COASTLINE CAPITAL
- Status
- Active
- Target return
- 10%
- Collateral in place at close
- Yes
- Property address
- 0 SCHOONER CT #1
- Loan term
- 12 months
- Rate to borrower
- 10%
- Loan-to-ARV
- 60.2%
- Loan principal
- $254,410
- Maximum offering
- $254,410
- Offering circular
- Form 1-A POS 0001104659-21-128042
Terms as disclosed at the time of the offering. AltStreet does not update these figures for subsequent performance, and a disclosed rate is not a realized return.
Where It Sits in Groundfloor's Book
Disclosed rate
10%
Above 25% of peers, median 10.5%. Low for the book.
Hold period
12 mo
Above 19% of peers, median 12 mo. Low for the book.
Loan to value
60.2%
Above 20% of peers, median 67.9%. Low for the book.
Compared against 4,323 other Groundfloor real estate offerings with a disclosed rate. 872 of them are in FL, where the median disclosed rate is 10%. A percentile places a disclosed term, not a result. Browse the full Groundfloor book.
Filing Record
0 SCHOONER CT #1, PANACEA, FL is offered under Groundfloor's Regulation A (Form 1-A) program, a single SEC registrant that covers 1,266 tracked offerings. The program's filing history runs from 1-A on Mar 24, 2023 to 1-K on Apr 1, 2026. Those filings describe the program, not this loan; the terms above are this offering's own.
13 audited annual statements are on file for this issuer.
From SEC EDGAR, as filed. Issuer filing history.
Other Offerings by the Same Borrowing Entity
Terminal Analysis
Terminal analysis for this offering
Terminal access unlocks rate, LTV, and term percentiles against every tracked peer, the borrower's prior-loan repayment record, the full valuation and cost stack, and more.
Access full researchQuestions About This Offering
What is 0 SCHOONER CT #1, PANACEA, FL?
0 SCHOONER CT #1, PANACEA, FL is a $254,410 loan offering on a new construction project in PANACEA, FL listed on Groundfloor. The offering carries a stated rate of 10%, a term of 12 months, a loan-to-value of 60.2%, and a minimum investment of $10. It is secured by Real estate at 0 SCHOONER CT #1, FL, and the borrowing entity is COASTLINE CAPITAL.
What interest rate does 0 SCHOONER CT #1, PANACEA, FL pay?
The offering carries a stated rate of 10% over a term of 12 months, as disclosed at the time of the offering on Groundfloor. Stated rates are not guaranteed returns; repayment depends on the borrower and the underlying collateral.
What is the loan-to-value on 0 SCHOONER CT #1, PANACEA, FL?
The disclosed loan-to-value is 60.2% on the property in PANACEA, FL. For fix-and-flip and construction lending, this ratio is typically measured against after-repair value rather than the current as-is value, so it reflects a projected valuation rather than a realized one.
Who is the issuer of 0 SCHOONER CT #1, PANACEA, FL?
The securities are issued by GRE1.
What property backs 0 SCHOONER CT #1, PANACEA, FL?
The offering circular identifies the property as 0 SCHOONER CT #1. Loan-to-after-repair-value is disclosed as 60.2%.
What is the minimum investment for 0 SCHOONER CT #1, PANACEA, FL?
The disclosed minimum is $10. Eligibility, availability, and the current status of this offering are determined by Groundfloor, not by AltStreet.
Is 0 SCHOONER CT #1, PANACEA, FL still open to investors?
AltStreet's record shows the offering as active. AltStreet tracks this offering from SEC filings, last captured 2026-05-31. Offering status changes without a corresponding filing in many cases, so current availability should be confirmed directly with Groundfloor before acting.
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