5396 2ND STREET #2, ST. AUGUSTINE, FL

Summary

5396 2ND STREET #2, ST. AUGUSTINE, FL is a $188,360 loan offering structured as a first lien position on a purchase & renovation project in ST. AUGUSTINE, FL listed on Groundfloor.

The offering carries a stated rate of 10%, a term of 6 months, a loan-to-value of 71.9%, and a minimum investment of $10.

It is secured by Real estate at 5396 2ND STREET #2, FL, and the borrowing entity is MDM House Flipping LLC.

According to the offering circular, the loan is a first lien, on the property at 5396 2ND STREET ST. AUGUSTINE. FL 32080, with a 6-month term, a 10% rate to the borrower.

AltStreet tracks 31 other Groundfloor offerings in ST. AUGUSTINE, FL, with disclosed rates ranging from 7.5% to 14.5%, and across 4,355 tracked Groundfloor offerings the median disclosed rate is 10.5%.

Terms shown here are drawn from SEC filing 0001104659-22-012795 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: $188,360
Stated rate: 10%
Term: 6 months
Loan-to-value: 71.9%
Position: First Lien
Minimum investment: $10
Project type: Purchase & Renovation
Collateral: Real Estate
Return type: Interest
Borrowing entity: MDM House Flipping LLC
Status: Active
Target return: 10%
Collateral in place at close: Yes
Property address: 5396 2ND STREET ST. AUGUSTINE. FL 32080
Lien position: First Lien
Loan term: 6 months
Rate to borrower: 10%
Loan-to-ARV: 71.9%
Loan principal: $188,360
Maximum offering: $188,360
Offering circular: Form 1-A POS 0001104659-22-012795

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

6 mo

Above 0% of peers, median 12 mo. Low for the book.

Loan to value

71.9%

Above 89% of peers, median 67.9%. High 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

5396 2ND STREET #2, ST. AUGUSTINE, 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.

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Terminal Analysis

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Questions About This Offering

What is 5396 2ND STREET #2, ST. AUGUSTINE, FL?

5396 2ND STREET #2, ST. AUGUSTINE, FL is a $188,360 loan offering structured as a first lien position on a purchase & renovation project in ST. AUGUSTINE, FL listed on Groundfloor. The offering carries a stated rate of 10%, a term of 6 months, a loan-to-value of 71.9%, and a minimum investment of $10. It is secured by Real estate at 5396 2ND STREET #2, FL, and the borrowing entity is MDM House Flipping LLC.

What interest rate does 5396 2ND STREET #2, ST. AUGUSTINE, FL pay?

The offering carries a stated rate of 10% over a term of 6 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 5396 2ND STREET #2, ST. AUGUSTINE, FL?

The disclosed loan-to-value is 71.9% on the property in ST. AUGUSTINE, 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 5396 2ND STREET #2, ST. AUGUSTINE, FL?

The securities are issued by GRE1.

What property backs 5396 2ND STREET #2, ST. AUGUSTINE, FL?

The offering circular identifies the property as 5396 2ND STREET ST. AUGUSTINE. FL 32080. The loan is a first lien. Loan-to-after-repair-value is disclosed as 71.9%.

What is the minimum investment for 5396 2ND STREET #2, ST. AUGUSTINE, FL?

The disclosed minimum is $10. Eligibility, availability, and the current status of this offering are determined by Groundfloor, not by AltStreet.

Is 5396 2ND STREET #2, ST. AUGUSTINE, 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.