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RITZ CARLTON SUNNY ISLES in Miami

Name: Sales in RITZ CARLTON SUNNY ISLES started!
Start: 2020-06-25T09:41:04.388217+00:00
End: 2023-12-31T23:59:59+0000
Location: RITZ CARLTON SUNNY ISLES

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Project info

Object ID: 7839

Finished at	November 2018
Price, m²	From 16700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 150.00 m²
Floors	52
Apartments	212
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

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

2,505,000$

Net profit

9,376$

Payback period

213.1 years

Avg property value increase per year

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About the project

They say life is made up of all the small details, which is where The Ritz-Carlton Residences, Sunny Isles Beach truly shine. Inspired by classic design and presented with modern-day artistry, Michele Bönan has infused each residence with the many finishing touches that define a fine home.

Spacious floor plans range from 1,605 to 3,640 square feet with glass walls and balconies that leave nothing between you and a captivating oceanfront lifestyle. Entertain friends in exhibition kitchens outfitted with professional European appliances, stone countertops, and imported Italian cabinetry. Fill the gracious soaking tub in the marble accented bath and just breathe.

Select clothes and accessories in large walk-in closets with ample room to dress and prepare for an evening out. Settle in for a movie or music with pre-wired high-speed communication and smart-home technology for dimming the lights or shades. Or, let the stars lull you to sleep until dawn breaks on another amazing day.

Placed at the very top of the gracefully curved glass tower, you will find the highest heights of The Ritz-Carlton Residences, Sunny Isles Beach lifestyle. Four unique penthouse residences defy all expectations with 360-degree views and the design of contemporary beach estates.

You can hear and sense the ocean, but you are surrounded by only clouds and blue sky.

Each of the penthouses is complete with flow-through layouts, private rooftop pools and garden terraces, summer kitchens, 13-foot ceilings,

separate service quarters, impeccable finishes and fixtures, and up to five large bedrooms. Starting at 6,000 square feet of total space, the penthouses are the crowning achievements of richly rewarding lives.

Developer

The name Fortune International Group is synonymous with excellence and an unwavering commitment to quality and customer service in the world…
Details about FORTUNE INTERNATIONAL GROUP