Commercial property in Miami, Florida 186.73 sq.m. № 1401323
ID1401323
$ 950 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Incredible Income-Producing Fourplex! Welcome to 1647 NW 29th Ave—a rare find in the heart of the city! This one-story Fourplex is a turn-key investment opportunity, offering 5 bedrooms and 4 full bathrooms across four fully furnished units, each equipped with all necessary appliances. Perfect for Airbnb or short-term rentals, this property has been performing with great results for over 2 years, making it ideal for maximizing returns. Located just minutes from Miami Freedom Park, future home of the Inter Miami Soccer Stadium. Don’t miss this hassle-free, highly desirable property. Call today to schedule a showing!MLS #: A11675030
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
Address1647 NW 29th Ave, Miami FL 33125
TypeCommercial property
Living space186.73 m²
- m²
- sq. ft
Completion dateIV quarter, 1967
Parking places6
Price
- Price
- per m²
$ 950 000
- EUR €
- USD $
- RUB ₽
- GBP £
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