Commercial property in Miami, Florida № 1345053
1
ID1345053
$ 1 799 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
SITE PLAN APPROVED project for 126 units + retail. Close to the 3,200 unit project on NW 84th St. Benefits from the project include 75% reduction in property taxes in perpetuity, waiver of impact fees and $630,000 refund in sales tax on construction materials. Rents in West Little River for smaller economical units are over $4.00 a sq ft right now. Professional construction estimate available. LOTS of development within a few blocks (see attachment for list of current projects in the area). Project would work for a HUD construction to perm loan. *Not in a flood zone* Brand new water and sewer lines from the county project abutting 3 sides of the property. Project size can be reduced without site plan resubmission and can be increased up to 185 units and reapproved within 30-45 days.MLS #: A11651648
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
Address1477 NW 79th St, Miami FL 33147
TypeCommercial property
Price
- Price
- per m²
$ 1 799 000
- EUR €
- USD $
- RUB ₽
- GBP £
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