326 Ocean Blvd.
Build-to-sell, capital back at exit
Golden Beach 30,000 sqft double lot near the private beach in a guard-gated enclave.
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.
- Address
- 326 Ocean Blvd.
- City
- Golden Beach, FL
- ZIP
- 33160
- Beds
- —
- Baths
- —
- Living sqft
- —
- Lot sqft
- 30,000
- Year built
- —
- Waterfront
- NONE
- Two adjacent lots
- Private beach access
- Guard-gated
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.
Vertical construction budget at $550/sqft across 8,000 sqft.
Project-specific upgrades such as pool, landscape, driveway, lighting and closet packages where applicable.
Source: sponsor proforma · figures are forward-looking estimates · not a guarantee of return