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Waterfront · Single Family Residence
$2,999,000$1,310 / sqft
1925 Keystone Blvd, North Miami FL 33181
Listed
8
Bedrooms
9
Bathrooms
2,290 sqft
Interior
2026
Year built
None
HOA
Single Family Residence
Type
About this home
Once-in-a-lifetime opportunity to acquire a shovel-ready 10,000+ sqft waterfront lot on prestigious Keystone Blvd in Keystone Island. All plans are fully approved, allowing you to break ground immediately and bypass 12–18 months of permitting. The property features 75 linear feet of water frontage with a brand-new permitted seawall and a canal providing direct ocean access. Included in the sale are approved plans for a 16,000+ sqft, 3-story ultra-luxury master villa complete with elevator, level 5 finishes, wine room, spa, gym, theater, and more, with an estimated value of approximately $15M upon completion. This is the perfect opportunity for a builder or developer looking to fast-track a high-end project without delays. An existing home currently sits on the lot, offering flexibility for financing—keep, rent, or demolish based on buyer preference. Schedule your private showing today.
Features
- First Floor Entry
- Den/Library/Office
- Family Room
- Florida Room
- Great Room
- Loft
- Recreation Room
- Sauna
- Ocean
Location
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 8-bed rentals across Miami-Dade, from 8 active listings; the middle half ask $35,000–$150,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.