REIMAGINE: The Island Alpha: Manufacturing Equity in 2026 

The Island Alpha: Manufacturing Equity in 2026 

Why the vintage stock from Harbour Inlet to Lighthouse Point is the last great value play.

The Executive Thesis: Greater Fort Lauderdale has seen a historic run-up in property values. But markets are never perfectly efficient. Right now, the greatest opportunity exists "On The Island"—the barrier island corridor stretching from the Port to the Hillsboro Inlet.

This area holds a large stock of unrenovated homes (built 1950–1980) sitting on prime dirt. These homes are functionally obsolete but locationally perfect. This disconnect creates the Alpha.

1. The "Bread & Butter" Strategy (Renovation) The market is starving for turnkey, modern family homes.

• The Inventory: I have identified hundreds of specific sites across Bermuda Riviera, Dolphin Isles, Lauderdale-by-the-Sea, and Sea Ranch Lakes.

• The Math: Acquire in the Low $1M range + Inject ~$1M (Hard/Soft Costs) = Exit at $3M+.

• The Spread: You are creating roughly $1M in gross equity by solving the "Headache Premium" that end-users refuse to take on.

2. The "Vertical" Strategy (New Construction)

• The Inventory: I am tracking ~50 specific sites suitable for teardown/new construction.

• The Math: By maximizing lot coverage and elevating to current FEMA codes (capturing views older homes miss), we are modeling exits from $5M to $15M, with ultra-luxury waterfront lots supporting $20M+ valuations.

3. The Process: Reverse Engineering Most buyers find a lot and ask, "What can I build?" We do the opposite. We start with the Exit.

1. The Exit Analysis: Determine exactly what the market is absorbing.

2. The Basis Target: Back out construction costs and profit margin to find the maximum land price.

3. The Team: I bring the architect, the GC, and the project management to execute the file from "Concept to Closing."

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Connect with Jennie and TPH about these strategies and more.