Bay Harbor Project 1
Bedrooms
Bathrooms
Area
This property is located in the prestigious town of Bay Harbor Islands, which is separated from the mainland by Biscayne Bay. The existing house is currently undergoing a complete remodel, and is situated on a 10,625 square foot piece of land. The property is located within walking distance to quaint and elegant business district on Kane Concourse. Here patrons can find high end shopping, fine dining, professional offices and art. The property is also located only a short distance from multiple top-notch K-8 schools. The remodeled property will have 4 bedrooms and 5 baths.
| Home Size | 3,250 SF |
| Total Development Costs | $699,875 |
| Uses | $ | % | PSF |
| Land | $1,975,000 | 73.84% | $608 |
| Construction Costs | $699,875 | 26.16% | $215 |
| Total | $2,674,875 | 100.00% | $823 |
| Sources | $ | % |
| Loan | $2,139,900 | 80.00% |
| Equity | $534,975 | 20.00% |
| Total | $2,674,875 | 100.00% |
