Commercial property in Miami, Florida № 1281942

5
Commercial property in Miami, Florida № 1281942
ID1281942 $ 2 695 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Amazing development opportunity located in the booming Design District / Wynwood area the property boasts a coveted T5 L allowing multi-story multi-unit developments. The location benefits from high-density T5-L zoning falling within the Wynwood Norte NRD2 overlay, allowing for 150 units per acre, 5 stories by right, with an additional 3 stories available via bonus. Extra large lot with a 7,250 SF. Owner occupied duplex on site that can generate income for the buyer. Just blocks from Wynwood Walls, museums, breweries, boutiques, bistros & bars. Minutes from FTX Arena, Downtown & Mid Town Miami as well as Miami Beach area. Easy access to all major highways and the Turnpike. The property is within close proximity to the I-195 exit which connects to the I-95. Endless possibilities await!!!!
MLS #: A11628132
Miami - Statistics
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ParametersMiami
Rent Per Month
Apartment (1 bedroom) in City Centre$ 2 843.62
Apartment (1 bedroom) Outside of Centre$ 2 130.79
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 Index72.34
Purchasing Power Index112.07
Property Price to Income Ratio6.23
Safety Index47.23
Traffic CO₂ Index10599.19
Traffic Inefficiency Index233.91
Rent Index68.55
Health Care Index63.43
Groceries Index79.54
Pollution Index39.11
Traffic Commute Time Index42.75
Restaurant Price Index87.45
Climate Index85.69
Cost of Living Index75.44
Quality of Life Index161.15
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)$ 3.83
Eggs (regular) (12)$ 4.14
Local Cheese (1kg)$ 15.15
Water (1.5 liter bottle)$ 2.13
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)$ 11.96
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)$ 26 054.25
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 156.11
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 67.00
$ 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
Address3421 NW 5th Ave, Miami FL 33127
TypeCommercial property
Price
  • Price
  • per m²
$ 2 695 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £