Keystone North Miami 1
Waterfront Remodel in Keystone Point, North Miami, FL 33181
Description
A completed remodel project on a waterfront lot in the gated Keystone Point community of North Miami, Florida. The 4-bedroom residence was fully renovated and sold. Figures on this page reflect the finalized project P&L.
Total Project Cost
$2,252,000
Equity Min Investment $0 | Development Loan Min Investment $0
CompletedLearn more about the purchase process| Home Size | 2,799 SF |
| Sale Price/SF | $959 |
| Total Sale Price | $2,685,000 |
| Total Development Costs | $2,252,000 |
| Profit | $379,300 |
| Margin of Safety | 16.13% |
| Uses | $ | % | PSF |
|---|---|---|---|
| Land | $1,477,000 | 65.59% | $528 |
| Construction Costs | $555,000 | 24.64% | $198 |
| Financing & Closing Costs | $185,000 | 8.21% | $66 |
| Taxes & Other | $35,000 | 1.55% | $13 |
| Total | $2,252,000 | 100.00% | $805 |
| Sources | $ | % |
|---|---|---|
| Loan | $0 | 0% |
| Equity | $0 | 0% |
| Total | $0 | 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.