Commercial property in Miami, Florida 85.47 sq.m. № 613539
20
ID613539
$ 975 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Both Folio equal 6800 lot size. It is an excellent investment. Well located, one block from Calle 8, and with approval to build up to 9 units, it offers great potential. The fact that it can be converted into residential property is a bonus, as the demand for homes is often high. Zone T4 is also favorable as it generally allows for a variety of residential uses and may have reasonable height and density restrictions. This means that you have the flexibility to design and build different types of residential units on the property. Also, having ample parking is a plus, as many residents appreciate having enough space to conveniently park their vehicles. Overall it appears that this property has great potential to generate income and increase in value in the long term.MLS #: A11419760
Miami - Statistics
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| Parameters | Miami |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 2 823.55 |
| Apartment (1 bedroom) Outside of Centre | $ 2 126.86 |
| Apartment (3 bedrooms) in City Centre | $ 5 478.65 |
| Apartment (3 bedrooms) Outside of Centre | $ 4 065.24 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 6 328.49 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 3 900.44 |
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| Parameters | Miami |
|---|---|
| Crime Index | 52.94 |
| Cost of Living and Rent Index | 71.76 |
| Purchasing Power Index | 113.27 |
| Property Price to Income Ratio | 5.83 |
| Safety Index | 47.06 |
| Traffic CO₂ Index | 10621.57 |
| Traffic Inefficiency Index | 234.71 |
| Rent Index | 68.30 |
| Health Care Index | 63.43 |
| Groceries Index | 82.15 |
| Pollution Index | 38.73 |
| Traffic Commute Time Index | 42.86 |
| Restaurant Price Index | 86.13 |
| Climate Index | 85.69 |
| Cost of Living Index | 74.60 |
| Quality of Life Index | 162.23 |
| Traffic Index | 211.97 |
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| Parameters | Miami |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 26.00 |
| 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) | $ 8.00 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.97 |
| Water (0.33 liter bottle) | $ 2.24 |
| Cappuccino (regular) | $ 5.21 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.18 |
| Loaf of Fresh White Bread (500g) | $ 3.89 |
| Eggs (regular) (12) | $ 4.19 |
| Local Cheese (1kg) | $ 14.88 |
| Water (1.5 liter bottle) | $ 2.32 |
| Bottle of Wine (Mid-Range) | $ 15.00 |
| Domestic Beer (0.5 liter bottle) | $ 2.31 |
| Imported Beer (0.33 liter bottle) | $ 3.01 |
| Cigarettes 20 Pack (Marlboro) | $ 10.80 |
| Apples (1kg) | $ 6.63 |
| Chicken Fillets (1kg) | $ 12.37 |
| Oranges (1kg) | $ 4.46 |
| Potato (1kg) | $ 2.60 |
| Lettuce (1 head) | $ 3.05 |
| Rice (white), (1kg) | $ 3.92 |
| Tomato (1kg) | $ 5.12 |
| Banana (1kg) | $ 1.85 |
| Onion (1kg) | $ 3.29 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 17.41 |
| 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) | $ 3.00 |
| Taxi 1km (Normal Tariff) | $ 1.30 |
| Taxi 1hour Waiting (Normal Tariff) | $ 24.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 26 066.31 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 160.88 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 66.36 |
| $ 63.00 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 4 386.38 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.62 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 74.05 |
| 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) | $ 51.69 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 51.36 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 82.35 |
| 1 Pair of Men Leather Business Shoes | $ 107.69 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 1 162.50 |
| 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
Address2049 SW 7th St, Miami FL 33135
TypeCommercial property
Living space85.47 m²
- m²
- sq. ft
Completion dateIV quarter, 1951
Parking places4
Price
- Price
- per m²
$ 975 000
- EUR €
- USD $
- RUB ₽
- GBP £
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