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Updated over 1 year ago on . Most recent reply

User Stats

5
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2
Votes
Andrew Biagi
  • New to Real Estate
  • Tampa, FL
2
Votes |
5
Posts

Expand Multi Family Property

Andrew Biagi
  • New to Real Estate
  • Tampa, FL
Posted

BP Team, 

 My parents own a couple of multi-family properties south of Miami, closer to Homestead. The area around the properties have really grown over the last 20 years, and has been cleaned up quite a bit. Driving through the area now compared to back in the 90's is night and day. Nicer apartment complexes have popped up everywhere, replacing what previously were projects. Planted medians, swale, the whole 9. 

  Is it feasible to think the duplexes could be converted in to 4 or more units. Perhaps a 3 floor walk up? Just seeking advice on the best way to approach such an idea. Should we approach a local builder/developer first? An architect? An engineer? What's the best way ahead? 

Property is currently the following per MDC,
PA Primary Zone 3161 UC CENTER - RESIDENTIAL MODIFIED (RM) 4 MAX HT
Primary Land Use 0802 MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Thanks in advance,

Respectfully,
Andrew





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