Executive Summary
50 SW 12th St, Miami, FL 33130 is a new-construction luxury townhome to be built on an 18,760 sq ft lot, delivering 18,000 sq ft of living area with 8 bedrooms and 10 bathrooms. Targeting a sale price of $63,000,000 — $3,500 per square foot — this is a rare, bespoke single-unit opportunity at the elite end of the Miami residential market.
The local market's median sold price of $1,827 per square foot (26 comparable sales) sits 48% below this project's $3,500 per square foot target - closed sales do not yet reach that level, leaving the target unproven. None of 26 comparable sales match this project's 8-bedroom product, so they cannot be treated as comparable.
We are inviting investors to participate alongside the developer in this project, which carries a projected gross profit of $12,886,582 on a 20.5% profit margin over a 14-month construction period. Investors receive a 10% preferred return plus 20% of the profit, with a projected annualized ROI of 23.7%.