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 Cost
$1.97M
Equity Min Investment $0 | Development Loan Min Investment $0
CompletedLearn more about the purchase process| Home Size | 2,587 SF |
| Sale Price/SF | $1,140 |
| Total Sale Price | $2,950,000 |
| Total Development Costs | $1,971,453 |
| Profit | $747,371 |
| Margin of Safety | 33.17% |
| Uses | $ | % | PSF |
|---|---|---|---|
| Land | $1,100,000 | 55.80% | $425 |
| Construction Costs | $587,646 | 29.81% | $227 |
| Financing & Closing Costs | $150,865 | 7.65% | $58 |
| Taxes & Other | $132,943 | 6.74% | $51 |
| Total | $1,971,453 | 100.00% | $762 |
| Sources | $ | % |
|---|---|---|
| Loan | $0 | 0.00% |
| Equity | $400,000 | 100.00% |
| Total | $400,000 | 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.