Hyde Beach House in Miami

Name: Sales in Hyde Beach House started!
Start: 2020-08-13T08:37:31.535173+00:00
End: 2023-12-31T23:59:59+0000
Location: Hyde Beach House

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Project info

Object ID: 8637

Finished at	January 2020
Price, m²	From 10200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 73.00 m²
Floors	41
Apartments	407
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near school Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

744,600$

Net profit

8,283$

Payback period

70.2 years

Avg property value increase per year

Open ROI calculator

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About the project

Hyde Beach house pairs a cool urban vibe with the ultimate array of beach-inspired amenities and amazing services to create Hollywood's hippest, hottest resort-style residences. Set on the vibrant Intracoastal Waterway - just steps from the pristine Atlantic Ocean beach - this brilliantly designed property is the creation of visionary co-developers Jorge Pereze, Chairman and CEO of The Related Group; Carlos Rosso, President of the Related Group's Condominium Development Division; Armud Karsenti, Managing Principal of 13th Floor Investments; Inigo Ardid, Co-President of Key International; lifestyle impresario Sam Nazarian, Founder, Chairman and CEO of sbe; and Brazilian designer Debora Aguiar, Principal of Debora Aguiar Architects.

From a private park with an al fresco movie theater to the exclusive Aqua Club offering the coolest watersports equipment and an expansive pool deck looking on to the Intracoastal Waterway, Hyde Beach House puts relaxation and entertainment at your fingertips. With VIP access to Hyde Beach Kitchen + Cocktails, the oceanfront becomes your private paradise. And with on-demand services, you get everything you need all day/every day in just one single touch.

Developer

Established in 1979, Related Group is Florida's leading developer of sophisticated metropolitan living and one of the country's largest real…
Details about The Related Group