Expert Tips for Developing 15-20 Unit Buildings in Miami with a $3M | Ask the Expert

[Robert Ellis]

Learn from licensed general contractor Rob Ellis as he shares expert advice on buying land and developing a 15-20 unit multifamily building with a $3 million budget between Miami and Jupiter, Florida. Rob dives into essential tips on budgeting, finding the right location, and maximizing your investment. Discover why land costs should stay at 10% of the total project budget, and why developments between 4 and 50 units may not always be ideal.

Key points covered:

How to budget for land acquisition.

Why $1.5 million is the sweet spot for land costs in this scenario.

The challenges of developing properties with no economies of scale.

Why verticality, height, and density allowances are crucial for urban projects.

What to look for in teardown properties for redevelopment.

This video is a must-watch for developers, investors, and anyone interested in real estate development strategies in South Florida.

Reach out Anytime Via Call or Text:

Rob Ellis

Pink Development and Construction LLC

614-400-8762

[email protected]