Real Estate Software

We analyzed the 231 E Flagler ST listing by running it through multiple pricing scenarios, taking into account construction costs and potential rents based on the developer’s vision. Rents for 1,200 SF units in the area range from $2,800/mo to $11,000/mo, heavily influenced by the target market and the building’s unique value proposition. Key Assumptions: …

Assessing Pricing Scenarios for 231 E Flagler ST: A Developer’s Perspective Read More »

Utilizing the Market Scanner to Compare Property Characteristics To determine the uniqueness of a property like 231 E Flagler ST, we use the market scanner to compare properties with similar characteristics within a one-mile radius: Lot size: 14,000 SFUnits Allowed: 321 unitsBuildable Area: 330,000 SFExisting Building Area: 12,000 SF Uncovering Comparable Properties in the Area …

Evaluating the Uniqueness of a Property: The Case of 231 E Flagler ST Read More »

Feasibility studies often reveal harsh realities. In this post, we’ll explore a feasibility study for listing 3400 NE 2 AVE, Miami, FL.  Initially, we estimate 162 units, resulting in a 31-story building. When factoring in the 243 required parking spots, the building height increases to 43 stories. The zoning regulations allow a maximum of 24 …

Balancing Expectations: Navigating Feasibility Studies with AI Assistance in Real Estate Investments Read More »

Feasibility studies are crucial in real estate investment, particularly for Value-Add and Opportunistic funds. The AI assistant provides preliminary zoning data on units allowed, parking requirements, maximum building height, and FAR, helping uncover a property’s true potential. The AI-Assisted Feasibility Study in Action The AI assistant analyzes property 133 NE 24 ST, initially a promising …

The Power of AI in Feasibility Studies: Uncovering Real Potential for Real Estate Investments Read More »