Commercial property in Miami, Florida 301.75 sq.m. № 1073464

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Commercial property in Miami, Florida 301.75 sq.m. № 1073464
ID1073464 $ 1 550 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Location, Location! Excellent investment to Build your Dream Income Property! It is 5,000 sq. ft. Ready for a Developer to make an incredible Multi Unit Building. It offers 3 units with private parking spaces located in front of building as well as free street parking, coin laundry facility on premises, wall AC in all units, separate electric meter and tankless water heater. Currently used as long-term rental property with the potential to generate much much more as a short-term rental and for Airbnb. It building is blocks away from the Miami River, Downtown, Brickell, Calle 8, the Brightline Station, MDC Campus, restaurants, museums, art galleries, live music venues, the Miami Heats Arena and the Marlins Stadium. DON'T MISS THIS OPPORTUNITY.
MLS #: A11551989
Miami - Statistics
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ParametersMiami
Rent Per Month
Apartment (1 bedroom) in City Centre$ 2 828.52
Apartment (1 bedroom) Outside of Centre$ 2 126.28
Apartment (3 bedrooms) in City Centre$ 5 351.58
Apartment (3 bedrooms) Outside of Centre$ 3 919.36
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 6 616.14
Price per Square Meter to Buy Apartment Outside of Centre$ 4 023.90
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ParametersMiami
Crime Index52.77
Cost of Living and Rent Index71.94
Purchasing Power Index112.43
Property Price to Income Ratio6.23
Safety Index47.23
Traffic CO₂ Index10599.19
Traffic Inefficiency Index233.91
Rent Index68.52
Health Care Index63.43
Groceries Index79.13
Pollution Index39.11
Traffic Commute Time Index42.75
Restaurant Price Index87.44
Climate Index85.69
Cost of Living Index74.70
Quality of Life Index161.37
Traffic Index211.31
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ParametersMiami
Restaurants
Meal, Inexpensive Restaurant$ 28.09
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)$ 7.50
Imported Beer (0.33 liter bottle)$ 9.00
Coke/Pepsi (0.33 liter bottle)$ 3.23
Water (0.33 liter bottle) $ 2.60
Cappuccino (regular)$ 5.32
Markets
Milk (regular), (1 liter)$ 1.16
Loaf of Fresh White Bread (500g)$ 4.00
Eggs (regular) (12)$ 4.14
Local Cheese (1kg)$ 15.15
Water (1.5 liter bottle)$ 2.06
Bottle of Wine (Mid-Range)$ 15.00
Domestic Beer (0.5 liter bottle)$ 2.38
Imported Beer (0.33 liter bottle)$ 2.63
Cigarettes 20 Pack (Marlboro)$ 11.40
Apples (1kg)$ 5.75
Chicken Fillets (1kg)$ 12.48
Oranges (1kg)$ 4.06
Potato (1kg)$ 2.30
Lettuce (1 head)$ 3.05
Rice (white), (1kg)$ 4.19
Tomato (1kg)$ 4.53
Banana (1kg)$ 1.88
Onion (1kg)$ 3.34
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 17.92
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)$ 4.00
Taxi 1km (Normal Tariff)$ 1.30
Taxi 1hour Waiting (Normal Tariff)$ 24.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 26 216.40
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 156.11
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 66.35
$ 62.83
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 4 271.49
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.66
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 71.09
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)$ 51.94
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 54.62
1 Pair of Nike Running Shoes (Mid-Range)$ 85.53
1 Pair of Men Leather Business Shoes$ 122.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 1 281.25
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
Address425 SW 6th Ave, Miami FL 33130
TypeCommercial property
Living space301.75 m²
  • sq. ft
Completion dateIV quarter, 1981
Parking places4
Price
  • Price
  • per m²
$ 1 550 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £