291 Costanera Road
Test the Waters

Target: $100,000

Investors: 0

Raised: 0%

Days To Go: N/A

Start date: September 14, 2021
End date: November 20, 2021

Minimum Investment:  


Minimum Raise:  


Maximum Raise:  


Minimum Share/Units/%  



Investors: 95% Equity,  Sponsor: 5% Equity (plus debt)

Estimated Returns:  

IRR: 22%+,   Equity Multiple: 1.5x+

Preferred Return:  

10% IRR preferred return on Equity


24 months

Investment Type:  

Real Estate ReDevelopment

Securities Type:  

Equity & Preferred


Beacon Hill Property Group


Test the Waters via EquityDoor, LLC

Offering at a Glance:

291 Costanera is primed for a redevelopment as new construction sales have risen sufficiently to far eclipse the cost of land acquisition plus construction cost of a new residence. Cocoplum’s average sold price has risen from $3.5M to $6.8M in 2021. This property’s highly desirable location coupled with a modern, brand new, construction will fulfill the current and expected demand from the luxury, waterfront market.  We are in the process of drafting architectural plans that are best suited for the subject lot. We will close on the property on October 29, 2021 and begin the permitting process. Once plans are approved, demolition and construction will commence. The construction will be financed with low leverage (well below 65% LTC) via a local bank and guaranteed by the Sponsors to allow flexibility in optimizing the size, quality and design of the new property.



Beacon Hill Property Group is pleased to present 291 Costanera Road, a waterfront residential redevelopment opportunity located in the prestigious private community of Islands of Cocoplum in Coral Gables, Florida. 291 Costanera is a 16,031 SF lot with 100 linear feet of waterfront and one bridge to bay. This property is located adjacent to Marc Anthony’s former home (left side of photo), which sold for $22M in May 2021 and is within 200 yards of 440 Costanera Road, a brand new waterfront home being sold for $16M+. Islands of Cocoplum is one of the most highly sought after communities in Florida. It offers a full suite of amenities including 24- hour armed security, 8 clay tennis courts, a spacious gym, children’s playground, volleyball court, an Olympic-sized swimming pool, basketball court and a private club. A new construction waterfront property in Islands of Cocoplum represents a unique living environment with an unrivaled value proposition.

291 Costanera Rd

Coral Gables, Florida 33143