Keystone, FL
Bedrooms
Bathrooms
Area
An exquisite new construction opportunity. Property is located in a gated, waterfront community called Keystone Point. The house on the property is a tear down, located on a 9,375 sq ft. waterfront lot. The gated community has no fixed bridges and has ocean access. Build your dream home - a boaters dream!
| Home Size | 5,100 SF |
| Estimated Sale Price/SF (base case) | $1,075 |
| Total Estimated Sale Price | $11,825,000 |
| Total Development Costs | $2,008,125 |
| Estimated Profit | $9,816,875 |
| Margin of Safety | 31.94% |
| Uses | $ | % | PSF |
| Land | $1,696,250 | 42.36% | $333 |
| Construction Costs | $2,008,125 | 50.15% | $394 |
| Taxes & Other | $300,000 | 7.49% | $59 |
| Total | $4,004,375 | 100.00% | $785 |
| Sources | $ | % |
| Loan | $2,963,500 | 74.01% |
| Equity | $1,040,875 | 25.99% |
| Total | $4,004,375 | 100.00% |
