Considering Options small Luxury Portfolio of Single Family Miami-Dade

[Erik Zimerman]

Greetings everyone. I am motivated to monetize equity on up to 5 high end brand new construction SF in the Miami-Dade area (Miami Beach, Surfside).  Not sure if to rent them all and wait for a better market in the future or find cash buyers for some, even if at a discount.

The properties cash flow positive and give very nice returns in this environment if rented.  The price ranges from 4 to 6 million on each, with one being more expensive and on the water. I would consider selling equity, or selling, or renting & then selling.

In this high rate environment, selling them at a reasonable price would take time and I am motivated to liquidate or monetize some or all of the portfolio or its equity fast. Don't what kind of folks like to buy or invest in portfolios like these... of high end unique properties in very desirable neighborhoods. 

Appreciate any advice or connection to interested parties. Thank you.