Keystone, North Miami
Waterfront New Construction in Keystone Point, FL 33181
Description
An exquisite new construction opportunity on a waterfront lot in the gated community of Keystone Point in North Miami. The community features no fixed bridges and has ocean access. The lot has a tear-down house requiring demolition, making way for a stunning 5,100 SF waterfront residence.
Total Project Est.cost
$3,409,311
Equity Min Investment $10,000 | Development Loan Min Investment $10,000
CompletedLearn more about the purchase process| Home Size | 5,100 SF |
| Estimated Sale Price/SF (base case) | $1,176 |
| Total Estimated Sale Price | $6,000,000 |
| Total Development Costs | $3,409,311 |
| Estimated Profit | $2,290,689 |
| Margin of Safety | 43.18% |
| Uses | $ | % | PSF |
|---|---|---|---|
| Land | $1,696,250 | 49.75% | $333 |
| Construction Costs | $2,008,125 | 58.90% | $394 |
| Financing & Closing Costs | -$595,064 | -17.45% | -$117 |
| Taxes & Other | $300,000 | 8.80% | $59 |
| Total | $3,409,311 | 100.00% | $668 |
| Sources | $ | % |
|---|---|---|
| Loan | $2,741,608 | 84.89% |
| Equity | $487,884 | 15.11% |
| Total | $3,229,491 | 100.00% |
Freehold Crowd
How It Works
Find A Project
Freehold Crowd is a real estate investing platform that gives investors direct access to individual residential development opportunities.
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Invest
Review the financials and timeline, then commit capital online. We handle escrow, documentation, and verification of accreditation.
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Sit Back And Receive Your Return
Upon project completion and sale, distributions are paid out according to the published waterfall or simple-split terms.
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Benefits Of Freehold Crowd
Security
Every project is structured through a single-purpose LLC with title insurance, GC bonding, and third-party project monitoring on each draw.
High Returns
Returns are driven by ground-up development margins — typically 14–25% target ROI — rather than passive rental yields.
Leverage
A senior construction loan amplifies investor equity, lowering capital required while maintaining a strong margin of safety.