Real Estate Portfolio
ID FLAGLER
Located in the heart of downtown Fort Lauderdale’s vibrant Flagler Village neighborhood, ID Flagler Village is the first and only new construction rental townhouse community in the area. The development boasts 24 luxury three-story residences. The project’s architecture, design and location are palpable representations of the burgeoning urban renaissance in Downtown Fort Lauderdale.
With 100% occupancy and inhabited by Miami University students, Orduna Courts continues to report month-over-month cash flow for clients and appreciation that has exceeded our goals.
SINGLE FAMILY HOMES
Today we manage more than 100 single family homes in South Florida, with a high occupancy rate (93%) and an appreciation of 64%, representing a solid and sustainable investment.
We are currently in the process of completing the civil works. Permits were submitted to the city and we are executing the fire lines (Fire System). Next month we will start the penalization of the buildings.
With 9 months to go, the engineering phase of the project has been successfully completed and has undergone the corresponding inspections. Only one permit modification remains to be implemented before drywall installation can begin.
We are in the process of roofing, stucco, plumbing and electrical construction. We are also in the process of installing windows and air conditioning system.
Property under contract for sale for $4,725,000.00, closing is scheduled for the end of October and its return is 21%.
DUPLEX
We are in the final design phase and the interior design will be defined in the coming weeks. Progress has been made on permitting issues and we expect to have them 100% approved in 2 to 3 months. We are also moving forward with the demolition permit and once everything is approved by the city, we will start construction immediately.
CO-LIVING MIAMI
We are currently in the initial design and architecture phase. The estimated permitting time is approximately 10 months. It was determined that the property will have 22 units and a total of 78 doors.
REDOAR LIVING1 LLC
We have concluded the land acquisition process below the estimated value, and initiated environmental and topographical studies for the efficient development of the project. In addition, we have completed the preparation of 2 designs (multi-family building and 4 houses) for approval by the authorities and financial evaluation. We have also finalized the survey execution and have pre-approval of the loan.
New Developments
412 Wood Crest,
Key Biscane
- 8.000 Lot Size
- 3.759 SQFT. Single family home, New construction
- 18 Months Construction
- 4 Bedrooms, 4 Bathrooms, Service room + bath, Outdoor Kitchen, Terrace
- 2 Car Garage
4200 Chase,
Miami Beach
- 9.850 SQFT Lot Size, Water front
- 4.598 SQFT. Single family home, New construction
- 4 Bedrooms
- 1 Guest room
- 2 Open patios, Outdoor kitchen, Gazebon
- 7 Bathrooms
- 1 Terrace – Pool
- 24 Months Construction
1702 Espanola,
Coconut Grove
- 13.300 Lot Size
- 8.000 SQFT. Single family home, New construction
- 5 Bedrooms + Flex Room
- 6.5 Bathrooms
- Gazebo – Pool
- 3 Car Garage
- 1 Year Planimetry
- 2 Year Construction
Luna mar 1923,
Fort Lauderdale
- 2 Units Townhome
- 3.791 SQFT./Unit
- 4 Bedrooms
- 4 Bathrooms
- 1 Balcony
- 2 Car Garage
- 1 Lounge Room
- 1 Pool