Deepblocks Fund: A Feasibility Study of Potential Investment Opportunities in Little Havana

Criteria-Based Selection: Identifying Potential Investment Properties

Suppose we decided to proceed with a Deepblocks fund. Here is an illustrative feasibility study for the 13 properties in Little Havana that were pinpointed by our query. We specifically identified properties with these criteria: single-family homes, built prior to the 1980s, structures between 1,000 and 1,500 SF, and allowing for more than six residential units.

Contextual Analysis: Understanding the Surrounding Property Landscape

We commenced with the property nearest to Brickell, confirming its status as a single-family home. Interestingly, all surrounding properties have been converted into multifamily units. This suggests that the property we've identified is unlikely to be part of an assembly in the future.

Project Feasibility: A Look into the Structural and Economic Possibilities

Given the project's scale, we can feasibly maintain ground-level parking while situating the seven residential units above. If we manage to keep the all-in cost below $3M, a conservative 5% return on cost could be anticipated.

The Design Factor: Boosting Investment Returns Through Elevated Tenant Experience

This is the juncture where design plays a pivotal role. With the right architect onboard, we can elevate the rental experience, driving the average rent from $2,600 up to a more premium rate of $3,200. This increase would subsequently yield a 6% return on cost.

More will be revealed,


About Deepblocks:

Deepblocks is state-of-the-art data-driven software that utilizes artificial intelligence to identify the best investment opportunities. Deepblocks digitizes zoning data with precision and provides a comprehensive understanding of city-wide development capacity down to the parcel level. Our GIS-like interface seamlessly integrates demographics, economics, construction activity, crime, ownership, and race to deliver rapid market and site selection capabilities, saving time and effort. Whether you’re a developer, investor, or real estate professional, Deepblocks is the ultimate tool to make informed decisions and stay ahead in the industry.

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Author Olivia Ramos
Founder and CEO of Deepblocks, holds master's degrees in Architecture from Columbia University and Real Estate Development from the University of Miami. Her achievements before Deepblocks include designing Big Data navigation software for the Department of Defense's DARPA Innovation House and graduating from Singularity University's Global Solutions and Accelerator programs.