The Alarming Changes in the Miami Home Insurance Market
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
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WHY WORK WITH DAVID? THINGS YOU SHOULD KNOW...
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We have only superlatives to describe how wonderful Cris Buzolin was throughout the process of selling our townhouse in Coral Gables. We were away in the UK while the transaction was taking place and Cris handled everything-from clearing out our house, selling contents when she could, arranging the moving and storage and dealing with some very difficult problems which arose. Always patient and very willing to help in every way, Cris is a consummate professional who really cares about her clients and worked extremely hard to get the price we had asked for and make things for us as easy as she could. Nothing was too much for her to handle.Cris and Marianela (who provided additional very helpful assistance to us during the transaction) are part of the team that David Siddons has assembled.When we decided to sell our property, we contacted David and he established the framework for the transaction and ensured that everything proceeded smoothly and in accordance with our wishes. In sum, David Siddons and his team are extremely competent and professional and we are totally satisfied with the service they provided. To repeat, Cris Buzolin in particular, went way beyond what one would expect from a real estate agent. The David Siddons Group has our highest recommendation!
I thank the whole team and especially Cris Buzolin who, in a very professional and competent way, helped me to sell my property safely and in the best market condition.
Fantastic group of people to work with!! David and Adriana were responsive and professional throughout the entire process. We weren't familiar with South Florida so David took us under his wing and did a fabulous job giving us a tour of select neighborhoods in South Florida and shared a great deal of information about each. We fell in love with the Botaniko community in Weston and closed the deal with Adriana. If you are buying/selling this is the team you want to work with!! Thank you guys for helping us find our dream home.
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