268 S Parkway
Build-to-sell, capital back at exit
Golden Beach unimproved waterfront land, 0.48 acre / 20,951 sqft with 90ft frontage and a built-in boat slip.
Build-and-sell development strategy on a 20,951-sqft (0.48 acre) unimproved waterfront land parcel at 268 South Parkway in Golden Beach, Florida. The public listing identifies the asset as land rather than an existing residence, with 90 feet of water frontage, a private built-in boat slip, south-facing exposure, and a double-lot scale positioned between a park and the canal bend. The strategy is acquisition of the land, design and permitting for a new waterfront residence, vertical construction, and resale into the Golden Beach new-build comparable set. Golden Beach benefits from guard-gated access, private beach amenities, strict rental controls, and limited supply of oversized waterfront parcels. Asking land basis of 14.8 million dollars reflects the waterfront frontage, lot size, boat-slip utility, and Golden Beach positioning rather than existing residential improvements. Capital deployment covers design, permitting, site preparation, hard construction, finish specification, marine programming, landscape, and carry through listing. Returns are targeted from the spread between all-in delivered cost and new-construction resale into a buyer pool focused on guard-gated waterfront inventory.
- Address
- 268 S Parkway
- City
- Golden Beach, FL
- ZIP
- 33160
- Beds
- Pending
- Baths
- Pending
- Living sqft
- Pending
- Lot sqft
- 20,951
- Year built
- Pending
- Waterfront
- Canal
- 90ft canal frontage
- Built-in boat slip
- 0.48 acre lot
Project economics model using strategy-specific basis, maturity, and downside/upside exit scenarios. Detailed sponsor line items are shown when a full proforma is available.
Source: strategy economics model · figures are forward-looking estimates · not a guarantee of return