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Bright condo in Sunny Isles Beach

Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
Bright condo in Sunny Isles Beach
$299 000
Type:: Apartments
Status:: Residential accomodation
Country: United States
City: Miami
Address: Sunny Isles Beach

Short description

Located in the heart of Sunny Isles on A1A, this spacious condo has 1bed/1 full & 1 half bathrooms.

Full description

This bright condo has huge balcony, big living room, nice size bedroom and closet. It is across the street from ocean, walking distance to restaurants, shopping & house of worship. Building has 24hr security, common laundry facility, state of art gym, beautiful pool, tennis court, valet service, convenient store & more. Easy access to Aventura, Miami Beach & more. Rented for $2,000 a month.

Facts:

  • Baths: 1 full, 1 half
  • Multi Family
  • Built in 1972
  • Cooling: Central
  • Heating: Forced air

Features:

  • Elevator
  • Flooring: Carpet
  • Furnished
  • Garden
  • Gated Entry
  • Parking: Garage - Attached
  • Pool
  • Porch
  • Waterfront


Financial information

  • Est. Mortgage: $1,063/mo
  • Price/sqft: $298

Market analysis

Paradise-like climate and living – it’s here. Miami, the most desired city of the southern state of Florida, is a leader in all possible appeal ratings for foreign investments in real estate. After the U.S. financial crisis in 2008, local real estate market recovered the fastest, and it has been growing in terms of house and apartment prices since then.

More than half of foreigners buy accommodation here with further plans to stay. A lot of them believe that real estate in Florida is a secure investment that protects their capital.

The market is very attractive for investors for several reasons. First, it has one of the lowest mortgage rates in the United States. The state of Florida also charges no income tax, and Miami itself is the third most popular American city, which guarantees stable rent income for real estate owners.

Investors from CIS countries are one of the leading groups among real estate buyers in Miami. Local Russian-speaking community is very large, making business or moving to the city less problematic than to other states.