Miami Beach ( Lakeview ) Project 1
Bedrooms
Bathrooms
Area
This property is an ideal opportunity located in Lake View, one of Miami's most family-friendly neighborhoods. The property is located only a short distance from La Gorce Country Club and Fisher Park, and is driving distance from Miami's most famous beaches. As is, the property has an open floor plan with 2,926 total sq ft., 3 bedrooms and 3 bathrooms, with a generous formal living and family room that comes equippped with a bar and entertainment area, a spacious dining room, and an expansive pool. This home could be spectacular with a custom renovation.
| Home Size | 2,600 SF |
| Total Development Costs | $687,500 |
| Uses | $ | % | PSF |
| Land | $1,450,000 | 63.25% | $558 |
| Construction Costs | $687,500 | 29.99% | $264 |
| Financing & Closing | $155,000 | 6.76% | $60 |
| Total | $2,292,500 | 100.00% | $882 |
| Sources | $ | % |
| Loan | $1,816,875 | 79.07% |
| Equity | $480,938 | 20.93% |
| Total | $2,297,813 | 100.00% |
