PARAMOUNT WORLD CENTER in Miami

Name: PARAMOUNT WORLD CENTER
Brand: Paramount
SKU: 7828
Availability: InStock

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Project info

Object ID: 7828

Finished at	September 2019
Price, m²	From 6118$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 65.00 m²
Floors	54
Apartments	510
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

397,670$

Net profit

7,813$

Payback period

39.3 years

Avg property value increase per year

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About the project

PARAMOUNT Miami Worldcenter is the only new residential condominium tower currently under construction and for sale within the massive 27-acre mixed-use Miami Worldcenter site. Located in the heart of Miami's downtown at the crossroads of culture, entertainment, art and fine dining, condo residents will enjoy an unparalleled location just an elevator ride away from Miami's waterfront and most celebrated cultural and entertainment landmarks. Making international headlines with its Upper Deck as the largest amenity deck in the U.S., spanning 90 feet above downtown Miami, the building is over 75% sold and construction has reached the top floor. The building will feature an extraordinary array of action-packed amenities that includes the country's first outdoor soccer field to be featured in a high-rise residential development; two tennis courts; multiple resort-style pools; lush parks; spa baths, and a Tai Chi deck among others. PARAMOUNT Miami Worldcenter is the condominium tower with the Most Amenities in the World with buyers from over 50 countries!