Commercial property in Miami, Florida № 1098549

Commercial property in Miami, Florida № 1098549
ID1098549 $ 1 899 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

6 units multifamily property featuring two 2bed/2bath and four 1bed/1bath units. Great return with a 6% cap rate that could be increased, as there are currently long term tenants in place. Expansive lot, almost 7K sqft. Neighbors do Airbnb rentals with excellent cap rates. Possibility to transfer the note at about 40% of the price, 4% rate. More information upon request.
MLS #: A11563726
Miami - Statistics
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ParametersMiami
Rent Per Month
Apartment (1 bedroom) in City Centre$ 2 773.75
Apartment (1 bedroom) Outside of Centre$ 2 113.76
Apartment (3 bedrooms) in City Centre$ 5 358.34
Apartment (3 bedrooms) Outside of Centre$ 3 765.09
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 6 365.61
Price per Square Meter to Buy Apartment Outside of Centre$ 3 913.75
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ParametersMiami
Crime Index52.78
Cost of Living and Rent Index69.89
Purchasing Power Index101.41
Property Price to Income Ratio6.11
Safety Index47.22
Traffic CO₂ Index10531.56
Traffic Inefficiency Index233.72
Rent Index64.15
Health Care Index64.02
Groceries Index76.00
Pollution Index38.58
Traffic Commute Time Index42.53
Restaurant Price Index81.96
Climate Index85.69
Cost of Living Index75.49
Quality of Life Index157.70
Traffic Index209.92
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ParametersMiami
Restaurants
Meal, Inexpensive Restaurant$ 25.00
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)$ 2.79
Water (0.33 liter bottle) $ 2.23
Cappuccino (regular)$ 4.89
Markets
Milk (regular), (1 liter)$ 1.14
Loaf of Fresh White Bread (500g)$ 3.60
Eggs (regular) (12)$ 4.09
Local Cheese (1kg)$ 13.39
Water (1.5 liter bottle)$ 2.24
Bottle of Wine (Mid-Range)$ 13.00
Domestic Beer (0.5 liter bottle)$ 2.03
Imported Beer (0.33 liter bottle)$ 2.53
Cigarettes 20 Pack (Marlboro)$ 9.45
Apples (1kg)$ 6.35
Chicken Fillets (1kg)$ 11.69
Oranges (1kg)$ 4.37
Potato (1kg)$ 2.51
Lettuce (1 head)$ 2.74
Rice (white), (1kg)$ 4.61
Tomato (1kg)$ 4.92
Banana (1kg)$ 1.82
Onion (1kg)$ 3.23
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 15.97
Transportation
One-way Ticket (Local Transport)$ 2.25
Monthly Pass (Regular Price)$ 113.75
Gasoline (1 liter)$ 0.92
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 35 000.00
Taxi Start (Normal Tariff)$ 2.98
Taxi 1km (Normal Tariff)$ 1.30
Taxi 1hour Waiting (Normal Tariff)$ 24.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 24 955.19
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 169.20
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 62.96
$ 61.74
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 4 206.58
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.58
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 75.53
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)$ 48.29
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 51.00
1 Pair of Nike Running Shoes (Mid-Range)$ 80.75
1 Pair of Men Leather Business Shoes$ 98.33
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 1 162.50
International Primary School, Yearly for 1 Child$ 28 333.33
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
Address345 NW 35th St, Miami FL 33127
TypeCommercial property
Completion dateIV quarter, 1964
Price
  • Price
  • per m²
$ 1 899 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £