Category: Uncategorized

Gabriela Estates closing and construction update

We closed today the duplex located in Lot 4, a 6 bedroom and 4 bathroom structure for $850,000.00.

The interior rough for the triplexes located in Lot 2 and 3 have been completed. The triplex located in Lot 5 has already completed the first story of shell work. Another triplex located in Lot 6 has begun, and the foundation has been poured. Our final Lot #7, which will be another triplex has already been permitted and we have started cleaning the site to begin construction. With that, the whole project is being built.

Reach out to us if you’re looking for one or more multifamily units in Miami. We have five triplexes available, that can be purchased individually or as a package. Each unit will have 3 bedrooms, and 2 and a half bathrooms, and a private patio. Located one block from the turnpike at the Qual Roost Exit (187 St), this brand-new subdivision of duplexes and triplexes is the perfect investment to build wealth.

Visit the project’s page here

Eureka Estates zoning change and site plan approved.

On a unanimous vote, the Miami Dade Board of County Commissioners approved the zoning change and site plan of Eureka Estates. A mix of apartments and townhomes with private patios, the 73 units project will have a combination of studios, one, two and three bedroom units, a community pool, playground, gym, business center/clubhouse, management on site, electric car charging stations, CCTV monitoring and parcel lockers. The paving, drainage, water and sewer plans have been also approved. We expect to break ground before the end of 1Q2025.  Click here to visit the project’s page.

Opal Gardens Certificate of Completion obtained.

Opal Gardens certificate of completion has been obtained. Tenants already approved have begun the process of moving into their units. And prospects are actively being qualified for approval of their tenancy. The building is now ready for occupancy.

Opal Gardens, located at 5185 W Flagler Street, Miami, has 22 two bedrooms, one bathroom units in 4 floors. Amenities include a gym , business center / coworking space, smart thermostats in all the units and mini storages available in the building. Stay tuned for more updates. Click here to view project’s page.

Tentative Plat for Eureka Estates approved.

During a Miami Dade County plat committee meeting, the tentative plat for Eureka Estates was approved today, subject to some technical conditions that will be satisfied during the process. The plans for the water, sewer, paving and drainage connections have been submitted to the county, and we’re currently working on the approvals and connections for the rest of the utilities.

Stay tuned for more updates…


Visit Project’s page

Townhouse-style apartments proposed in southern Miami-Dade County

Miami-based Allied Cos. has proposed a townhouse-style apartment complex in the Eureka neighborhood of southern Miami-Dade County.

The Mark LLC, led by Rodolfo “Rudy” Corujo of Allied Cos., filed a pre-application and a zoning application for the 1.25-acre site at 18230 S.W. 110th Ave. It acquired the vacant property for $570,000 in 2021.

Totaling 42,988 square feet, the Mark Estates would feature 58 townhouse-style units, a day care center and about 100 parking spaces. Amenities would include a pool, a playground, a co-working space and a gym.

There would be 17 one-bedroom units, 29 two-bedroom units and 12 three-bedroom units, each with a patio.

“What we like about the neighborhood is the revitalization of the commercial locations on Eureka Drive (Southwest 184th Street), in addition to the multiple commercial locations nearby (around US 1) and that the property is sandwiched between two rapid transit corridors, the Turnpike to the west, and US 1 to the east,” Corujo said.

He said the project should break ground in early 2023.

Miami-based EGSC Engineering and Miami-based attorney Tony Recio are working with the developer in the application. It has yet to select an architect.

Meanwhile, Allied Cos. has the Eureka Estates project in the works at 18200 S.W. 108th Ave. with 54 units.

There has been a residential development boom in southern Miami-Dade as more people seek less expensive apartments because of rising rents in the urban core.

By Brian Bandell  –  Senior Reporter, South Florida Business JournalApr 28, 2022

Richman plans senior housing on Allapattah Opportunity Zone property

Developer is planning 105-unit building designed by Corwil Architects

The Richman Group is planning a senior housing development in Allapattah. Richman (https://therealdeal.com/miami/2020/04/27/richman-scores-57m-loan-to-buildapartments-
on-boca-raton-golf-course/), a major multifamily developer, is planning a 105-unit building for the site at 2137 Northwest 36th Street, and 3629 and 3645 Northwest 21stCourt in Miami, according to MSP Group, which brokered the sale of the 0.7-acreassemblage.

MSP Group’s Deme Mekras and Elliot Shainberg represented the sellers, The Mark LLC, Global Property Consultants LLC and Rolando Arzola. They also represented the buyer. Richman paid $3.8 million for the assemblage, which breaks down to nearly $36,000 per buildable unit. The property is in a designated
Opportunity Zone (https://therealdeal.com/miami/tag/opportunity-zones/), which allows investors who develop in any of the 8,700 zones in the country to defer or potentially forgo paying capital gains tax until the end of 2026.

Richman’s site is zoned T6-8-O, allowing for an eight-story building. The Greenwich, Connecticut-based developer was awarded a low income housing tax credit from the Florida Housing Finance Corporation to build the project, according to a release. Corwil Architects is designing the building.

Other developers who are active in Allapattah (https://therealdeal.com/miami/tag/allapattah/)
include Lissette Calderon, Robert Wennettand Moishe Mana.
In June, Calderon’s Neology Life Development Group paid $3.6 million for an assemblage at 1470 Northwest 36th Street, also in an Opportunity Zone. There, she’s planning (https://therealdeal.com/miami/2020/06/16/lissette-calderon-buys-land-for-third-rentalproject-
in-allapattah/) Allapattah 14, a 237-unit rental building with ground-floor retail space on the site.

By Katherine Kallergis – Aug.13, 2020 01:30 PM

https://therealdeal.com/miami/2020/08/13/richman-plans-senior-housing-on-allapattah-opportunity-zone-property/