Two hosts tour a $9 million Miami Opportunity Zone property that's been listed for 430 days. The seller is marketing future development potential at today's price, but the hosts question whether the valuation holds given how long it's sat on the market.
Today in the Deal Room. If you guys are interested in Miami Opportunity Zone, but then there's also this one, which I thought was interesting.
Oh, I want all that. Go back to the other one first though. That one. Let's look at this. 430 days on market, updated 13 days ago. Why do you think it's still on market? 430. We know that's over a year, right?
Yeah.
Right. So scroll down on this. This is one of the things I love. Ready for this? This is the welcome to the 99 blah blah blah. And basically what they want to do is tell you that, like, what all the future stuff there would allow and how, you know, future value, future value, future value. Give us all the future value now. That's what they're asking for at a price of $9 million on, on this property. There's no other way to look at it except for the fact that they are literally trying to get all the future value from the future developer, right?
