Miami Beach (Lakeview) Project 1
Custom Renovation in Miami Beach, FL 33140
Description
Located in the Lakeview neighborhood of Miami Beach. This property features an open floor plan with custom renovation potential. Includes a formal living area, family room with bar and entertainment space, dining room, and pool. The project involved a complete renovation to maximize the property value in this desirable neighborhood.
Total Project Est.cost
$1,865,231
Equity Min Investment $10,000 | Development Loan Min Investment $10,000
CompletedLearn more about the purchase process| Home Size | 2,600 SF |
| Estimated Sale Price/SF (base case) | $1,135 |
| Total Estimated Sale Price | $2,950,000 |
| Total Development Costs | $1,865,231 |
| Estimated Profit | $937,269 |
| Margin of Safety | 36.77% |
| Uses | $ | % | PSF |
|---|---|---|---|
| Land | $1,450,000 | 77.74% | $558 |
| Construction Costs | $687,500 | 36.86% | $264 |
| Financing & Closing Costs | -$272,269 | -14.60% | -$105 |
| Taxes & Other | $0 | 0.00% | $0 |
| Total | $1,865,231 | 100.00% | $717 |
| Sources | $ | % |
|---|---|---|
| Loan | $1,690,121 | 84.87% |
| Equity | $301,189 | 15.13% |
| Total | $1,991,311 | 100.00% |
Freehold Crowd
How It Works
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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.