Habitat At The Grove in Miami

Name: Sales in Habitat At The Grove started!
Start: 2020-08-13T06:57:29.945245+00:00
End: 2023-12-31T23:59:59+0000
Location: Habitat At The Grove

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Project info

Object ID: 8626

Finished at	December 2020
Price, m²	From 4400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 175.00 m²
Floors	3
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten 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

770,000$

Net profit

9,376$

Payback period

65.5 years

Avg property value increase per year

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About the project

Welcome home to Habitat at the Grove. A brand-new gated, boutique community of 8 luxury townhouses with superior finishes situated in the heart of Coconut Grove’s urban center. The matching 4-unit buildings are located on the newly refurbished and beautified Bird Avenue, with walkability to all the chic new and planned boutiques, cafes, restaurants, offices, and parks. Enjoy the safety and tranquility of this private enclave within the original Center

Grove residential neighborhood. Each townhome features an entry floor with a two-car garage and ample storage and two well appointed living floors. The rooftop decks are ready to be customized to your own vision of outdoor living. This unique community blends the tropical beauty of Coconut Grove with the urban lifestyle desired by many. Habitat at the Grove is located at 2924 & 2926 Bird Avenue.