Bay Harbor Project 2
New Construction in Bay Harbor Islands, FL 33154
Description
A completed ground-up new-construction project in Bay Harbor Islands, Florida. The land was acquired in early 2024 and the finished residence sold in April 2025. Figures on this page reflect the finalized project P&L.
Total Project Cost
$5.44M
Equity Min Investment $0 | Development Loan Min Investment $0
CompletedLearn more about the purchase process| Home Size | 6,255 SF |
| Sale Price/SF | $1,337 |
| Total Sale Price | $8,360,000 |
| Total Development Costs | $5,440,985 |
| Profit | $2,584,615 |
| Margin of Safety | 34.92% |
| Uses | $ | % | PSF |
|---|---|---|---|
| Land | $2,610,000 | 47.97% | $417 |
| Construction Costs | $1,581,535 | 29.07% | $253 |
| Financing & Closing Costs | $304,373 | 5.59% | $49 |
| Taxes & Other | $945,078 | 17.37% | $151 |
| Total | $5,440,985 | 100.00% | $870 |
| Sources | $ | % |
|---|---|---|
| Loan | $0 | 0.00% |
| Equity | $1,350,000 | 100.00% |
| Total | $1,350,000 | 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.