Real Estate News

‘Family Karma’ stars to build a $4 million townhouse development in Miami

Two Bravo TV stars are developing a townhouse complex in Miami’s Shenandoah neighborhood, and targeting Brickell residents looking for more space.

Father-and-son Dipak Patel and Shaan Patel — part of the reality television series “Family Karma” and the heads of the Kendall-based real estate development, design, and renovation firm Tanin Group — are building eight townhouses.

The $4 million development will rise on half an acre at 1371 SW 22nd Ter. Tanin Group is covering construction costs.

Each two-story, 2,544-square foot townhouse will have three bedrooms, three bathrooms, a 380-square-foot rooftop terrace, and one-car garage. The listing price is $899,000. Buyers can request a pool for an additional $40,000.

Four townhouses are under construction with an anticipated completion date of July 2021. The firm will start construction on the rest in mid-2021 and expects to complete them by early 2022.

Compass Realtor Joe Azar is listing the units.

Azar launched pre-sales three weeks ago, and eight people have already expressed interest, including locals and New Yorkers. All would call Shenandoah their primary home.

“People who were not looking to buy a townhome or single-family house are looking now,” Azar said. “The pandemic is pushing people who aren’t comfortable living in a 500-unit building.”

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Tanin Group purchased the property in 2017 for $1.25 million, according to property records.

The firm is no stranger to Shenandoah. It previously built two townhouses at 2486 SW 16th St. in 2019.

Shenandoah, established in 1919, stretches east-to-west from Southwest 12th to 27th avenues and north-to-south from Eighth Street to Coral Way.

Single-family home sales continue to outpace the number of condo transactions in Miami-Dade County and Broward, with buyers prioritizing ample space.

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Rebecca San Juan
Miami Herald
Rebecca San Juan writes about the real estate industry, covering news about industrial, commercial, office projects, construction contracts and the intersection of real estate and law for industry professionals. She studied at Mount Holyoke College and is proud to be reporting on her hometown. Support my work with a digital subscription
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