From Manual Entry to Instant Data Access: The Automation Evolution" The potential of automation in the real estate sector is often underappreciated. Previously, we had to code each study painstakingly and, before that, input them manually into GIS software. Now, with ChatDB, we can access a plethora of information instantly.
Selecting an assemblage for development is a strategic decision. My selection landed on the assemblage least impacted by a 10-foot storm surge. Why? Simply because it eliminates worries related to Sea Level Rise and material decay from extreme salt exposure, two factors that can pose significant challenges to development. Following
The Growing Role of Assemblages in Urban Real Estate Assemblages are increasingly becoming a go-to strategy when large sites are scarce, or they are overly expensive and the numbers don't add up. In densely populated urban areas, assemblages might represent the only viable option for further construction. Understanding the Logic
Ninety-Six Hidden Gems: Specific Criteria Define Our Targets in the Central Business District Our Zoning Scanner has surfaced 96 properties within the Central Business District that align with specific criteria: Mapping Potential: Translating Properties into Residential Units and Demographic Growth These identified properties collectively present an opportunity to develop approximately
Unlocking the Potential of Residential Density Increase Areas Overlay (RDIA) Unit Density Overlays significantly alter the landscape of residential zoning. In the City of Miami, depending on the property's location within the Residential Density Increase Areas Overlay (RDIA), unit allowances can increase almost sixfold compared to base zoning. RDIA's scope
T6 Zoning in Miami: An Overview of Building Height and Floor Area Ratio (FAR) Parameters The highest density zones within the City of Miami are categorized under the T6 zoning districts. These districts typically comprise T6-8, T6-12, T6-24, T6-36, T6-48, T6-60, and T6-80. As these numbers escalate, the maximum allowable
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
The Investment Strategy: Targeting Lower 'T' Zones Were we to establish a small development fund aimed at investing in Miami, our initial focus would be on the lower 'T' zones. These zones are suitable for smaller-scale projects, facilitating an iterative approach across the portfolio. Preferred Search Parameters: Identifying Ideal Investment
Deepblocks is an AI company dedicated to tackling the challenging question - "Where should I build?" Traditionally, answering this question would require an intimate understanding of local markets or a vast collection of complex datasets that combine information about development capacity, existing property inventory, and population demand. The Scalability Advantage
We analyzed the 231 E Flagler ST listing by running it through multiple pricing scenarios, taking into account construction costs and potential rents based on the developer's vision. Rents for 1,200 SF units in the area range from $2,800/mo to $11,000/mo, heavily influenced by the target market and the building's
Utilizing the Market Scanner to Compare Property Characteristics To determine the uniqueness of a property like 231 E Flagler ST, we use the market scanner to compare properties with similar characteristics within a one-mile radius: Lot size: 14,000 SFUnits Allowed: 321 unitsBuildable Area: 330,000 SFExisting Building Area: 12,000 SF Uncovering
Unearthing a Prime Listing in Downtown Miami We found a unique development opportunity at 231 E Flagler St in Downtown Miami, listed on Crexi and represented by Mariano Saal from TIR Prime Realty. The listing is unpriced, so we used Deepblocks to determine a potential price. Navigating Miami Zoning Overlays:
