Commercial property in Miami, Florida 175.59 sq.m. № 1379026
ID1379026
$ 1 200 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Exceptional property in Little Havana with immediate access to the 836 HWY, I-95 and Brickell. 1950s, four unit apartment building on a 5,000 SF lot zoned T5-L which allows short-term rentals. Apartments are 4: 1 Bedroom, 1 bath with identical floor plans. Within 5 minutes of Brickell and Downtown, and immediately across the Loan Depot Marlins Park. This is an exceptional covered land play for savvy investors and future developers who are looking at getting their foot into this dynamic submarket. Given its small size it has the great benefit of being exempt from 40 yr certification requirements - a no hassle easy building to operate for owners. Central to key employment centers of Miami. Walkable to Calle echo and the arts and entertainment hub of the neighborhood.MLS #: A11662224
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.
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CityMiami
Address221 NW 16th Ave, Miami FL 33125
TypeCommercial property
Living space175.59 m²
- m²
- sq. ft
Completion dateIV quarter, 1952
Parking places4
Price
- Price
- per m²
$ 1 200 000
- EUR €
- USD $
- RUB ₽
- GBP £
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