Commercial property in Miami, Florida 326.09 sq.m. № 1318938
1
ID1318938
$ 1 350 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Situated next to Brickell and the Miami River, just 1 minute from Brickell and popular spots like Sea Spice / Kiki on the River. This multifamily property already generates an annual gross income of $108,000, making it a solid investment with positive cash flow from day one. Riverside is a vibrant area in Miami-Dade County. It offers residents a dense urban feel with plenty of bars, restaurants, coffee shops, and parks. Most residents rent their homes. Just 5 minutes away from Brickell and 10 minutes from Downtown Miami and Wynwood. The property offers parking availability and is located in a zone with excellent potential for future appreciation.MLS #: A11641173
Miami - Statistics
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| Parameters | Miami |
|---|---|
| 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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| Parameters | Miami |
|---|---|
| Crime Index | 52.77 |
| Cost of Living and Rent Index | 72.34 |
| Purchasing Power Index | 112.07 |
| Property Price to Income Ratio | 6.23 |
| Safety Index | 47.23 |
| Traffic CO₂ Index | 10599.19 |
| Traffic Inefficiency Index | 233.91 |
| Rent Index | 68.55 |
| Health Care Index | 63.43 |
| Groceries Index | 79.54 |
| Pollution Index | 39.11 |
| Traffic Commute Time Index | 42.75 |
| Restaurant Price Index | 87.45 |
| Climate Index | 85.69 |
| Cost of Living Index | 75.44 |
| Quality of Life Index | 161.15 |
| Traffic Index | 211.31 |
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| Parameters | Miami |
|---|---|
| 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-Rate | 6.66 |
| 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.
Contact the seller
CityMiami
Address701 NW 1st St, Miami FL 33128
TypeCommercial property
Living space326.09 m²
- m²
- sq. ft
Completion dateIV quarter, 1925
Price
- Price
- per m²
$ 1 350 000
- EUR €
- USD $
- RUB ₽
- GBP £
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