The Top 10 Investment Properties in Miami
Below you will find a selection of 10 properties. This list contains nine single family homes and one condominium, all selected because of their great investment potential and future return on investment. For each property we provided you with its main characteristics as well as the most probable monthly rental price. Finally, we present the percentage with which property values increased in that neighborhood in the last year.
More information on Meridian 5, Unit 4
421 Meridian Avenue | Meridian 5 Condo | South Beach
2 Bedrooms | 2 Bathrooms | 971 Sq.Ft | 1,500 Sq.Ft lot | $1,000,000
Property can be rented on a monthly basis
Rental Price: $4,000 to $7,500 (In high season)
Market Appreciation
9.6%
Coral Way | Coral Gables
4 Bedrooms | 3 Bathrooms | 3,800 Sq.Ft | 6,450 Sq.Ft lot | $999,000
Rental Price: $6,000 per month
Market Appreciation
9.1%
Did you know that property tax in Miami is only roughly 2% of assessed value (not sales value). So if your house or condo is assessed at $1M you can expect to pay around $20,000 per year in property tax.
Madeira Avenue | Coral Gables
5 Bedrooms | 4,5 Bathrooms | 4,505 Sq.Ft | 9,900 Sq.Ft lot | $2,185,000
Sales price: $2M
Most probable sales price based on CMA
Rental Price: $12,000 per month
Market Appreciation
9.1%
6150 SW 80 ST | Coral Gables
5 Bedrooms | 5,5 Bathrooms | 5,100 Sq.Ft | 13,758 Sq.Ft lot | $2,297,000
Sales price: $2M
Most probable sales price based on CMA
Rental Price: $12,000 per month
Market Appreciation
9.1%
Sunset Drive | South Miami
6 Bedrooms | 6,5 Bathrooms | 4,493 Sq.Ft | 8,749 Sq.Ft lot | $2,395,000
Sales price: $2M
Most probable sales price based on CMA
Rental Price: $12,000 per month
Market Appreciation
13.6%
W Dilido Drive | South Beach, Venetian Islands
3 Bedrooms | 3 Bathrooms | 2,150 Sq.Ft interior | 7,500 Sq.Ft lot | $1,989,000
Rental Price: $10,000
Market Appreciation
8.4%
Alton Road | Miami Beach
5 Bedrooms | 5.5 Bathrooms | 3,420 Sq.Ft interior | 8,248 Sq.Ft lot | $1,895,000
Rental Price: $9,000
Market Appreciation
8.8%
W 47 ST | Miami Beach
4 Bedrooms | 3.5 Bathrooms | 2,893 Sq.Ft interior | 7,500 Sq.Ft lot | $1,749,000
Rental Price: $9,500 − $10,000
Market Appreciation
8.8%
W 47 ST | Miami Beach
5 Bedrooms | 4 Bathrooms | 2,700 Sq.Ft interior | 7,500 Sq.Ft lot | $1,675,000
Rental Price: $9,500
Market Appreciation
8.8%
Sheridan Avenue | Miami Beach
3 Bedrooms | 3,5 Bathrooms | 2,390 Sq.Ft interior | 6,750 Sq.Ft lot | $1,500,000
Rental Price: $10,333
(currently rented for this price)
Market Appreciation
8.8%
David Siddons
david@siddonsgroup.com | +1 305 508 0899
Meet the team and see our unique insights into the Miami Real Estate Market
No generalized opinions but an analytic approach
Preferred agents of First time buyers, Sellers, Investors and Wealth Managers
