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TURNBERRY OCEAN CLUB in Miami

Name: Sales in TURNBERRY OCEAN CLUB started!
Start: 2020-06-24T13:03:08.222694+00:00
End: 2023-12-31T23:59:59+0000
Location: TURNBERRY OCEAN CLUB

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Project info

Object ID: 7829

Finished at	December 2019
Price, m²	From 16138$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 289.00 m²
Floors	54
Apartments	154
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking 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

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

4,663,882$

Net profit

9,376$

Payback period

396.8 years

Avg property value increase per year

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About the project

Flow-through residences with direct ocean and Intracoastal views

Gracious ceiling heights ranging from 10–12 feet

11-foot deep oceanfront Sunrise Terraces with summer kitchen

Sunset terraces with direct views of the Intracoastal

Imported Snaidero® Italian custom cabinetry in kitchens, bathrooms and laundry rooms

Imported Italian stone countertops

Each residence features a family room and staff quarters with full bath and closet

Spacious walk-in closets with double closets in master

Top-of-the-line Gaggenau® appliances including: convection oven, warming drawer, steam oven, speed microwave oven, induction cooktop, dishwasher, integrated coffee espresso/cappuccino maker, refrigerator/freezer and wine cooler

Bathrooms feature floor-to-ceiling, book-matched marble walls and flooring along with European Dornbracht® fixtures

Delivered as designer-ready residences to accommodate individual design taste

Duplex and Penthouse Collection residences feature stunning 20-foot high living room and balcony ceilings as well as a private pool and hydrotherapy spa on the Sunrise terrace

Developer

During its fifty-year history as a leading real estate development and property management company, Turnberry has refused to conform to trad…
Details about Turnberry