Commercial property in Miami, Florida № 1045238

17
Commercial property in Miami, Florida № 1045238
ID1045238 $ 550 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Discover prime investment at 1131 NW 76th Street, Central Miami, FL. Vacant single-family home, ready for renovation, offers 2-bed, 2-bath layout, 2,038 sqft, on 11,000 sqft lot. Zoned for duplex development, ideal for developers tapping into Miami's real estate scene. Potential for multifamily unit in booming rental market with $3,500/month avg. rent. Near I-95, 79th Street corridor, Miami Beach, shopping, dining, entertainment. Investment potential evident with homes fetching up to $500,000 or land valued at $60/sqft. Opportunity to capitalize on area's growth and property's development potential.
MLS #: A11544252
Miami - Statistics
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ParametersMiami
Rent Per Month
Apartment (1 bedroom) in City Centre$ 2 823.55
Apartment (1 bedroom) Outside of Centre$ 2 126.86
Apartment (3 bedrooms) in City Centre$ 5 478.65
Apartment (3 bedrooms) Outside of Centre$ 4 065.24
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 6 328.49
Price per Square Meter to Buy Apartment Outside of Centre$ 3 900.44
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ParametersMiami
Crime Index52.94
Cost of Living and Rent Index71.76
Purchasing Power Index113.27
Property Price to Income Ratio5.83
Safety Index47.06
Traffic CO₂ Index10621.57
Traffic Inefficiency Index234.71
Rent Index68.30
Health Care Index63.43
Groceries Index82.15
Pollution Index38.73
Traffic Commute Time Index42.86
Restaurant Price Index86.13
Climate Index85.69
Cost of Living Index74.60
Quality of Life Index162.23
Traffic Index211.97
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ParametersMiami
Restaurants
Meal, Inexpensive Restaurant$ 26.00
Meal for 2 People, Mid-range Restaurant, Three-course$ 100.00
McMeal at McDonalds (or Equivalent Combo Meal)$ 12.00
Domestic Beer (0.5 liter draught)$ 7.00
Imported Beer (0.33 liter bottle)$ 8.00
Coke/Pepsi (0.33 liter bottle)$ 2.97
Water (0.33 liter bottle) $ 2.24
Cappuccino (regular)$ 5.21
Markets
Milk (regular), (1 liter)$ 1.18
Loaf of Fresh White Bread (500g)$ 3.89
Eggs (regular) (12)$ 4.19
Local Cheese (1kg)$ 14.88
Water (1.5 liter bottle)$ 2.32
Bottle of Wine (Mid-Range)$ 15.00
Domestic Beer (0.5 liter bottle)$ 2.31
Imported Beer (0.33 liter bottle)$ 3.01
Cigarettes 20 Pack (Marlboro)$ 10.80
Apples (1kg)$ 6.63
Chicken Fillets (1kg)$ 12.37
Oranges (1kg)$ 4.46
Potato (1kg)$ 2.60
Lettuce (1 head)$ 3.05
Rice (white), (1kg)$ 3.92
Tomato (1kg)$ 5.12
Banana (1kg)$ 1.85
Onion (1kg)$ 3.29
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 17.41
Transportation
One-way Ticket (Local Transport)$ 2.25
Monthly Pass (Regular Price)$ 113.75
Gasoline (1 liter)$ 0.95
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 35 000.00
Taxi Start (Normal Tariff)$ 3.00
Taxi 1km (Normal Tariff)$ 1.30
Taxi 1hour Waiting (Normal Tariff)$ 24.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 26 066.31
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 160.88
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 66.36
$ 63.00
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 4 386.38
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.62
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 74.05
Tennis Court Rent (1 Hour on Weekend)$ 23.38
Cinema, International Release, 1 Seat$ 15.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 51.69
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 51.36
1 Pair of Nike Running Shoes (Mid-Range)$ 82.35
1 Pair of Men Leather Business Shoes$ 107.69
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 1 162.50
International Primary School, Yearly for 1 Child$ 25 250.00
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
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CityMiami
Address1131 NW 76th St, Miami FL 33150
TypeCommercial property
Price
  • Price
  • per m²
$ 550 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £