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%

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FAQ

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1. What are the Current Best New Condos in Miami?

If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023

2. What is the best New Construction Condo in Fort Lauderdale?

In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.

3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami? 

Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!

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