Updated almost 4 years ago on . Most recent reply
To build or not to build
Currently I’m looking to buy a 600k old 2/1 home in downtown Miami. Avg Square foot is 459$- 500$ in that area. I want to build a three story triplex, I checked the zoning as well and I can build up 5 floors. After a preliminary research I have found two GC that would charge around 150$-200$ per square foot. Is it a good idea to build or buy an existing triplex? Anyone here from Miami or any similar city to this market that has done this type of deals?
Thanks you
Most Popular Reply
As a builder I can say that sounds fair. If you can build, do it. And max out that 5 floors if you can do it and have funds.