House in Miami, Florida 5 bedrooms, 198.25 sq.m. № 1373879
3
ID1373879
$ 750 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
MULTIFAMILY WITH TWO HOMES ON ONE LOT! Located in the heart of Little Havana, just steps away from Miami's vibrant cultural scene, cafecito, shopping, dining, top rated schools, hospitals, parks and recreation. Additionally, the property's proximity to South Beach, Wynwood, Brickell, and Coral Gables places residents at the epicenter of Miami's most sought-after destinations. Boasting distinctive charm and functionality, each unit within this property offers potential for substantial returns and long-term value appreciation. The Main House is originally 3 Bed/2 Bath, currently a 2/1 and 1/1 set up (easy to reconvert). The Rear House added in 1983 features 2 Bed/1 Bath, equipped kitchen, dining and living room. Both homes were updated in 2020 with porcelain tile flooring, modern kitchens, top-of-the-line appliances, and elegant bathrooms. The property features private mailboxes, double entry gates and ample parking (six spaces per unit), separate electric and water meters and individual laundry areas. Whether you're seeking a lucrative investment venture or a place to call home, this property embodies the essence of Miami living, promising endless possibilities and unparalleled convenience. Long term tenants are month to month. Rent is well below market value! Maximize your returns and start cashing in your rental income today.
MLS #: OM686388
Miami - Statistics
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| Parameters | Miami |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 2 790.09 |
| Apartment (1 bedroom) Outside of Centre | $ 2 128.22 |
| Apartment (3 bedrooms) in City Centre | $ 5 493.64 |
| Apartment (3 bedrooms) Outside of Centre | $ 4 021.04 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 6 504.08 |
| 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 | 110.61 |
| Property Price to Income Ratio | 6.06 |
| Safety Index | 47.23 |
| Traffic CO₂ Index | 10599.19 |
| Traffic Inefficiency Index | 233.91 |
| Rent Index | 68.79 |
| Health Care Index | 63.43 |
| Groceries Index | 80.35 |
| Pollution Index | 38.73 |
| Traffic Commute Time Index | 42.75 |
| Restaurant Price Index | 85.25 |
| Climate Index | 85.69 |
| Cost of Living Index | 75.27 |
| Quality of Life Index | 161.01 |
| Traffic Index | 211.31 |
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| Parameters | Miami |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 26.09 |
| 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) | $ 7.00 |
| Imported Beer (0.33 liter bottle) | $ 9.00 |
| Coke/Pepsi (0.33 liter bottle) | $ 3.10 |
| Water (0.33 liter bottle) | $ 2.46 |
| Cappuccino (regular) | $ 5.28 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.15 |
| Loaf of Fresh White Bread (500g) | $ 3.68 |
| Eggs (regular) (12) | $ 4.00 |
| Local Cheese (1kg) | $ 14.14 |
| Water (1.5 liter bottle) | $ 2.25 |
| Bottle of Wine (Mid-Range) | $ 15.00 |
| Domestic Beer (0.5 liter bottle) | $ 2.34 |
| Imported Beer (0.33 liter bottle) | $ 2.74 |
| Cigarettes 20 Pack (Marlboro) | $ 10.35 |
| Apples (1kg) | $ 6.08 |
| Chicken Fillets (1kg) | $ 11.96 |
| Oranges (1kg) | $ 4.68 |
| Potato (1kg) | $ 2.56 |
| Lettuce (1 head) | $ 2.87 |
| Rice (white), (1kg) | $ 4.30 |
| Tomato (1kg) | $ 4.94 |
| Banana (1kg) | $ 1.88 |
| Onion (1kg) | $ 3.29 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 18.22 |
| 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) | $ 25 759.68 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 161.86 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 66.09 |
| $ 61.62 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 4 342.44 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.64 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 72.33 |
| 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) | $ 49.41 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 53.33 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 83.68 |
| 1 Pair of Men Leather Business Shoes | $ 108.67 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 1 202.27 |
| 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
Address1922 NW 4TH STREET
TypeHouse
Bedrooms5
Living space198.25 m²
- m²
- sq. ft
Completion dateIV quarter, 1922
Price
- Price
- per m²
$ 750 000
- EUR €
- USD $
- RUB ₽
- GBP £
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