Commercial property in Miami, Florida № 1162329
16
ID1162329
$ 1 300 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
RARE INVESTMENT OPPURTNITY with a prime location at 27th Ave! This building offers 4 residential units upstairs, all of which are 1 bedroom and 1 bath, while the first floor has three commercial spots, ideally suited for General Retail or Personal Services. This location ensures consistent foot traffic and customer engagement. The building has also recently been repainted AND repaired roof, parking lots, lighting, air maintenance, and electricity. ALL RESIDENTIAL AND COMMERCIAL UNITS ARE LEASED. With a projected CAP RATE of 7.8% this building is standout choice for Investors looking to capitalize in Miami's dynamic market! (Routine 40 Yr inspection is completed)MLS #: A11582298
Miami - Statistics
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| Parameters | Miami |
|---|---|
| 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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| Parameters | Miami |
|---|---|
| Crime Index | 52.94 |
| Cost of Living and Rent Index | 71.76 |
| Purchasing Power Index | 113.27 |
| Property Price to Income Ratio | 5.83 |
| Safety Index | 47.06 |
| Traffic CO₂ Index | 10621.57 |
| Traffic Inefficiency Index | 234.71 |
| Rent Index | 68.30 |
| Health Care Index | 63.43 |
| Groceries Index | 82.15 |
| Pollution Index | 38.73 |
| Traffic Commute Time Index | 42.86 |
| Restaurant Price Index | 86.13 |
| Climate Index | 85.69 |
| Cost of Living Index | 74.60 |
| Quality of Life Index | 162.23 |
| Traffic Index | 211.97 |
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| Parameters | Miami |
|---|---|
| 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-Rate | 6.62 |
| 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
Address4840 NW 27th Ave, Miami FL 33142
TypeCommercial property
Completion dateIV quarter, 1954
Parking places15
Price
- Price
- per m²
$ 1 300 000
- EUR €
- USD $
- RUB ₽
- GBP £
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