Elysee Miami in Miami

Name: Sales in Elysee Miami started!
Start: 2020-08-12T12:18:11.924625+00:00
End: 2023-12-31T23:59:59+0000
Location: Elysee Miami

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Project info

Object ID: 8621

Finished at	December 2020
Price, m²	From 9000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 2000.00 m²
Floors	57
Apartments	100
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground Near supermarket
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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

18,000,000$

Net profit

9,376$

Payback period

1531.3 years

Avg property value increase per year

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About the project

Located in East Edgewater, on the shores of Biscayne Bay, the first and only boutique luxury rises. With only 100 residences and sophisticated amenities in this 57-story tower, Elysee’s serene elegance is East Edgewater’s new French inspired modern luxury.

Developer

One of the emerging leaders in the development of residential communities, Two Roads Real Estate Group has quickly established itself as a p…
Details about Two Roads Real Estate Group