Ruby Gardens site plan approved.

Ruby Gardens has obtained the site plan approval with the City of Miami. Now that the design has been approved by the planning and zoning departments, the project has moved to the construction drawings stage for its final stage of permitting process.

We anticipate to break ground during the last quarter of 2024.

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.

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/

Developer plans townhouses on site under contract from Hindu temple.

A Hindu temple could sell vacant land in the Perrine area of south Miami-Dade County to a developer.
Global Property Consultants LLC, managed by Rodolfo “Rudy” Corujo of Miami-based Allied Cos. filed a pre-application with county officials for the 1.92-acre site at 18200 S.W. 108th Ave. It’s just north of Southwest 184th Street/Eureka Drive, near where Florida’s Turnpike crosses U.S. 1.

The developer has the property under contract from Amar Jyoti Mandir of Florida, which also has a Hindu temple in Cutler Bay. Eureka Estates would total 60,457 square feet, with 56 two-story townhouses and 116 parking spaces. That would include four live-work units. The community would include a pool, a playground and a gym.

“What we like about the neighborhood is the revitalization of the commercial locations on Eureka Drive in addition to the multiple commercial locations nearby around U.S. 1 and that the property is sandwiched between two rapid transit corridors,” Corujo said.

The townhouses would be for rent. There would be 17 one-bedroom units, 29 two-bedroom units and 12 three-bedroom units. They would have granite countertops and stainless steel appliances, he said.
Attorney Tony Recio represents the developer in the application.

The developer is working with Miami-based EGSC Engineering on the plans. Allied Cos.’ Corujo says he has yet to select an architect. Developers file pre-applications to receive feedback from county staff before submitting official applications.

Brian Bandell
Senior Reporter
South Florida Business Journal

South Florida Business Journal – Aug 4, 2021, 1:27pm EDT:
https://www.bizjournals.com/southflorida/news/2021/08/04/allied-cos-plans-eureka-estates.html

New Single Family Residence Sold 10310 SW 7 Terrace!

Single Family Residence sold for $520,000.00.

Allied Companies is proud to announce that our New Luxury Single Family Residence at Cormen Subdivision SOLD. Lot-8

“Americans purchased homes at the fastest pace in nearly 11 years, as sales climbed 5.6 percent in November. The National Association of Realtors said this week that sales of existing homes rose last month to a seasonally adjusted annual rate of 5.81 million units. Home sales were last this strong in December 2006, when properties sold at annual pace of 6.42 million.

The strong demand for buying homes is a sign of an increasingly vibrant economy after a steady eight-year expansion.”

Source:
http://www.newstimes.com/business/real-estate/article/U-S-home-sales-climb-to-an-11-year-high-12451787.php

Cormen Subdivision
10310 SW 7 Terrace
Miami, Florida

New Single Family Residence Sold – 10320!

Single Family Residence sold for $490,000.00.

Cormen Subdivision
10320 SW 7 Terrace
Miami, Florida

Allied Companies is proud to announce the selling of one of our New Luxury Single Family Residences at Cormen Subdivision. Lot-7

The single-family home real estate market in Miami is as strong as ever. According to a press release published by the MIAMI Association of REALTORS and the local MLS, Miami-Dade saw a total of 13,936 single-family homes sold in 2015, a total of 3.1 percent more than in 2014. Even more impressive is that “the 2015 statistic marks the third consecutive record year of single-family homes sold in Miami.”

Source:

 

Single Family Residence Sold – 10340 SW 7 Terr.

Single Family Residence sold for $499,000.00.

Located at: Cormen Subdivision
10340 SW 7 Terrace
Miami, Florida

Allied Companies is proud to announce the selling of one of our New Luxury Single Family Residences at Cormen Subdivision. Home sales in Miami-Dade County increased in December, contributing to a record year for single family home sales in 2014. Single-family home sales increased to 13,521 in 2014 (4.8 percent), compared to 12,899 in 2013. In December, single-family home sales rose up to 1,250 (9.6 percent)As published by “The Real Deal” on January 2015.

The Miami real estate market again reflected great demand in 2014, said Christopher Zoller, 2015 Residential President of the Miami Association of Realtors, in a statement. More single-family homes were sold in Miami-Dade County than ever in history.