Building 4-8 units in Broward county, need some help

[Jason Etheridge]

Hey everyone!

I’m looking for a little advice on building in Broward county, Florida.

I’m interested in building either two separate 4 unit 2/2’s or a commercial build of one 8 unit with 2/2’s. I’m told doing a single building is much more cost effective. I’m not looking to build luxury units but also not the cheapest look. Is there any way I can get around 100-125 per square foot for a build like this? If I hire a GC to do the whole project it definitely would be easier on me but maybe the most cost effective way is to work with a GC and and fit all of the pieces together myself? This would be my first build.

[Greg Dickerson]

@Jason Etheridge it’s definitely cheaper to build one building and you will save money hiring a GC to do the whole thing turn key. It will cost you more and take you twice as long trying to do any of the work yourself unless you are in the business and have the resources to self perform. Even then from a time perspective it’s better to turn key the project with a professional. Also the lender will not allow you to self perform unless you are a licensed GC.

Costs will vary depending on a number of factors including ty en site itself. The best thing to do is talk to local GC’s that do this type of work and get some averages of what their current and recent projects are costing.