House in Miami, Florida 6 bedrooms № 1389611

1
House in Miami, Florida 6 bedrooms № 1389611
ID1389611 $ 680 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Residential property with the opportunity to turn it into a Multi-Family in the Heart of Miami. Discover a fantastic investment in the vibrant center of Miami! This updated property is in one of the city's hottest areas. With the potential to generate over $7,500 monthly rental income, this property is perfect for investors or homeowners seeking additional income. Key Features; Centrally located, offering easy access to highways, shopping, dining, and entertainment. Income Potential: Generate at least $7,500 monthly in rental income. Flexible Living: Live on-site while renting out additional units to cover expenses and generate extra income. Modern Upgrades: Recently updated with stylish finishes and amenities. Spacious Layout: spacious layouts for families, professionals, or students.
MLS #: A11670643
Miami - Statistics
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ParametersMiami
Rent Per Month
Apartment (1 bedroom) in City Centre$ 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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ParametersMiami
Crime Index52.77
Cost of Living and Rent Index72.34
Purchasing Power Index110.61
Property Price to Income Ratio6.06
Safety Index47.23
Traffic CO₂ Index10599.19
Traffic Inefficiency Index233.91
Rent Index68.79
Health Care Index63.43
Groceries Index80.35
Pollution Index38.73
Traffic Commute Time Index42.75
Restaurant Price Index85.25
Climate Index85.69
Cost of Living Index75.27
Quality of Life Index161.01
Traffic Index211.31
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ParametersMiami
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-Rate6.64
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
Address2625 NW 24th Ave, Miami FL 33142
TypeHouse
Bedrooms6
Completion dateIV quarter, 1939
Parking typeOpen air
Price
  • Price
  • per m²
$ 680 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £