ASSETRAReal World Assets
25.96°N · 80.12°W
GROUND-UP DEVELOPMENT · FL

326 Ocean Blvd.

Gallery8 photos
Strategy

Build-to-sell, capital back at exit

Golden Beach 30,000 sqft double lot near the private beach in a guard-gated enclave.

Thesis

Build-and-sell development strategy on two contiguous vacant lots totaling 30,000 square feet (0.69 acres) at 326 Ocean Boulevard in Golden Beach, Florida. The combined parcel sits near the town's private resident-only beach within a guard-gated enclave and supports a building envelope larger than single-lot inventory typical of the submarket. The strategy is vertical construction of a new single-family residence sized to the combined envelope, designed to the town's ocean-proximity design vocabulary, with disposition on completion. Golden Beach delivered inventory has demonstrated sustained absorption at pricing supported by the guard-gated access, the private beach benefit, the town's strict short-term rental prohibition which reinforces residential character, and the limited supply of oversized buildable parcels. Hold duration is expected to span design, permitting within the town's review process, hard construction, and a marketing window typical for new Golden Beach inventory. Asking land basis of 6.25 million dollars reflects the combined lot size, proximity to the private beach, and enclave positioning. Capital deployment covers architectural design suited to town code, permitting, site preparation, hard construction, finish specification consistent with Golden Beach comparable new-builds, 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 coastal towns with restrictive rental regimes.

Specifications
Address
326 Ocean Blvd.
City
Golden Beach, FL
ZIP
33160
Beds
Baths
Living sqft
Lot sqft
30,000
Year built
Waterfront
NONE
Features
  • Two adjacent lots
  • Private beach access
  • Guard-gated
Project economics

Real cost waterfall from sponsor proforma — 24-month build cycle, ground-up basis. Lines below are project cash expenses through completion and disposition, including property tax during the hold period.

Lot acquisition
$6,250,000
Closing fees
$38,250
Soft cost (design + survey)
$360,000
Permits + impact fees
$80,000
Hard cost basis
$4,770,000

Vertical construction budget at $550/sqft across 8,000 sqft.

Exterior + finish extras
$120,000

Project-specific upgrades such as pool, landscape, driveway, lighting and closet packages where applicable.

Hard cost total
$4,890,000
Property tax during construction (24 mo)
$231,250
Insurance
$30,000
Construction interest (10% × 24 mo)
$1,102,000
Sale + realtor fees (5% of exit)
$1,090,586
Total expenses
$14,072,087
Downside exit
$17,167,94622% ROI
Upside exit
$21,811,73555% ROI

Source: sponsor proforma · figures are forward-looking estimates · not a guarantee of return

ASSETRAReal World Assets

Infrastructure for cross-border real world asset tokenization. Built for issuers, funds, and accredited investors.

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