Commercial property in Miami, Florida 167.22 sq.m. № 1370630

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Commercial property in Miami, Florida 167.22 sq.m. № 1370630
ID1370630 $ 1 350 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

This fourplex, located just steps from Calle Ocho in the heart of Little Havana, offers a unique investment opportunity. Calle Ocho, celebrated as a “national treasure” by the National Trust for Historic Preservation, is renowned for its authentic Cuban restaurants, vibrant ventanitas (takeout windows), lively nightlife, famous bars, warm Cuban bakeries, and colorful street festivals. The property sits on a spacious 5,000 square foot lot and features a generous backyard. Each apartment has been recently renovated with new kitchens, bathrooms, flooring, and updated electrical and plumbing systems. The building also boasts a new pitched roof and impact windows throughout.
MLS #: A11662474
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
Address635 SW 16th Ave, Miami FL 33135
TypeCommercial property
Living space167.22 m²
  • sq. ft
Completion dateIV quarter, 1948
Price
  • Price
  • per m²
$ 1 350 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £