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1 Bedroom House / Home Available in Miami-dade County - United States - Ref 598415

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House/Villa Description

Type: 1 bedroom Apartment
Luxury Miami Highrise - Final Closeout!
DOWNTOWN MIAMI at just $99,900- UNBELIEVABLE!!!
Forbes votes Miami # 1 in "Best Cities For a Housing Recovery"
Sales in Miami up 27% over last year!!
Luxury one bedroom apartments available
Forced sales - prices significantly reduced from $300,000
Many units already tenanted producing 10% gross yields
Superb downtown location - Excellent capital growth potential
Your own dedicated property consultant throughout the purchase
Perfect long term investment in an established market
"If you have been sitting back waiting for something to come up in Downtown Miami Florida to add to your portfolio it's finally here. After searching the market for nearly 12 months, this is the first opportunity that we have found under $150,000 per unit and we are significantly below that. If you have done any market research on the Downtown Miami condo market, you will understand how incredible of value this really is. We have received 8 brand new luxury units located Downtown Miami halfway between Brickell and Coral Grables priced starting from $99,900. In the peak of the Miami condo boom, Downtown condos were getting anywhere between $450-$500 a foot. Currently, units are selling anywhere between $150-$300 a foot on the open market and we have got the following on average of $130 per square foot. This is the hands down lowest level you will EVER be able to buy a luxury unit in City Centre Miami!! All of the units below come with tenants in place and due for immediate cash closing. There are only 8 units available and are first come first serve."
Overview
A new alternative to high-rise and home living in urban Miami. This European-style building design, resembling the famed Flatiron Building in New York City, offers unobstructed views of the Miami skyline, Downtown, and Coral Gables. A building conceived to generate individual and collective value to be maintained in the long-run. Offering one, two and three bedrooms, unique lofts, and even luxurious double-height Penthouses. Comprised of 135 residential units distributed throughout 17 stories in Little Havana over 10,000 sq. ft. of retail space in the ground floor. Adding to the appeal is a club room, brand new fitness center and a lanai pool deck with heated swimming pool where you can sun, swim and enjoy the views of the city. A short distance from restaurants, shopping and performing arts centers. Minutes away from the Miami International Airport and South Beach!!! Unit owners and residents are within minutes of Brickell, Downtown, The University of Miami, Coral Gables, and Coconut Grove. More importantly, the property is located conveniently close to the entire Court System and Regional Hospitals where there is a high demand for affordable employee housing. In addition, Forbes just voted Miami # 1 in an article published August 19, 2009 titled "Best Cities for a Housing Recovery". Check the article out here: http://[link removed]/2009/08/13/recovery-cities-homes-lifestyle-real-estate-housing-recovery-cities.html. Only 3.5% of units on the market are foreclosures showing that most foreclosure sales have dried up.
Only 3.5% of resale market in Miami consists of foreclosure sales making these units an extremely rare find in this location.
Miami Lifestyle
The whole world wants to be in Miami. For the weather, the music, the fashions, the flavor of the tropics infused with a cosmopolitan style found nowhere else on the planet. A business capital with five-star hotels and hip restaurants, jungle gardens and coral reefs. Living in Miami is an endless feast for senses.
Ameneties
· Open kitchens with Whirlpool appliances
· Impact windows and sliding doors
· Private balconies offering panoramic views and expansive terraces on selected units
· Stainless steel sink and garbage disposal in

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€74,263  |  £62,106  |  US$97,945
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 598415 
Town Miami 
Region Miami-Dade County 
Province Florida 
Country United States  
Type House / Home
Bedrooms
Category Re-Sale  
Listed over 1 year ago
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Map of Miami, Florida, United States


Real Estate Agent Listing this Property

Agent Knight Knox International
Listing Since 14 August 2008
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Price: £62,106

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Purchase this House/Villa in Miami for

US$164p/m

(60% LTV, 5% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Miami, USA

Property Type Min Price Max Price Median Price
(All prices in EUR) Miami USA Miami USA Miami USA
Apartment/Flat 89,900 15,500 450,000 1,305,000 470,000 264,000
House/Villa 80,000 23 475,000 75,000,000 - 242,990
Townhouse 124,900 625 134,900 6,000,000 - 209,900
Land/Ruins 329,000 19,000 329,000 5,000,000 - 85,000

* Calculations based on 42 properties for sale in Miami and 3671 properties for sale in USA




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