Commercial property in Miami, Florida 121.24 sq.m. № 1381716
ID1381716
$ 1 300 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Investment Opportunity in Design District Discover a prime investment opportunity generating $65,000 in annual rental income with a 5% CAP rate. Located in the heart of the Miami Design District (MDD), this property is surrounded by multimillion-dollar developments, positioning it perfectly in a rapidly growing area. Key Features: Large Parcel: 14,000 SQFT of land offers incredible flexibility. Versatile Potential: Maintain as a rental or explore new construction opportunities. Prime Location: Situated in a safe, vibrant community that’s becoming a top destination. This property is not just a rental; it's your chance to invest in a thriving, evolving neighborhood. Don’t miss this exceptional opportunity!MLS #: A11667075
Miami - Statistics
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Parameters | Miami |
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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
Address57 NW 42nd St, Miami FL 33127
TypeCommercial property
Living space121.24 m²
- m²
- sq. ft
Completion dateIV quarter, 1924
Parking places4
Price
- Price
- per m²
$ 1 300 000
- EUR €
- USD $
- RUB ₽
- GBP £
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