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What does it really take to turn a dated oceanfront property into a luxury $3M+ short-term rental asset? In this episode, Nikki Rosenberg breaks down the full deal: buying this 3,700+ sq ft coastal home for $1.25M, negotiating a seller credit, navigating unpermitted space, flood elevation issues, and budgeting a $750K+ renovation. From structural surprises and pilings to hidden bunk rooms, floating oak stairs, expanded ocean-view windows, and a resort-style outdoor build, this is a real behind-the-scenes look at value-add investing done right. If you want to understand how experienced investors create equity, refinance, and scale using smart leverage, this walkthrough shows you exactly how it works. #RealEstateInvesting #ValueAdd #ShortTermRental Stephen Bradshaw (Instagram: @stevebradshaw28) is a content creator and builder with a growing following. On his profile he describes himself as a builder and the author of a book titled Rewrite Your Script which he’s preparing to launch, encouraging followers to stay tuned for updates. His feed reflects his projects, personal interests, and creative journey, blending lifestyle posts with insights into his work and upcoming writing. Timestamps 00:00 How This $1.25M Oceanfront Deal Came Together 01:03 Seller Credit Strategy Explained 02:11 Unpermitted Space & Flood Elevation Challenge 03:42 Renegotiating Down to $1.25M 05:28 Renovation Timeline & Budget Breakdown 07:24 Adding Square Footage & Game Room Value 14:26 Full Cost Breakdown: $750K Renovation Plan 16:19 Profit Strategy: Refinance vs Sell 21:15 Hidden Bunk Room & Layout Reconfiguration 24:03 Opening Walls & Expanding Ocean Views 27:05 Final Vision & What This Will Be Worth