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Mosaic at Venetian Parc in Miami

Name: Sales in Mosaic at Venetian Parc started!
Start: 2020-08-13T07:08:34.388156+00:00
End: 2023-12-31T23:59:59+0000
Location: Mosaic at Venetian Parc

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Project info

Object ID: 8627

Finished at	December 2016
Price, m²	From 2470$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 180.00 m²
Floors	2
Apartments	301
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Pool 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

444,600$

Net profit

9,376$

Payback period

37.8 years

Avg property value increase per year

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About the project

Choose from a Mosaic of three distinctive architectural collections, over 25 floor plans and an infinite possibility of choices. The ARIA Mediterranean Collection, The BRIO Island Colonial Collection and The COLE Contemporary Collection.

Personally tailored 3- to 5-bedroom ESTATE HOMES feature spacious floor plans from 2,375 to over 4,400 square feet and include family rooms, great rooms, dual master bedrooms, dens, covered terraces, lofts, jack & jill baths, and 2-car garages. Several optional plans feature Home2, a Multi-Generational 1-bedroom suite within the home. At LUXCOM, we take pride in building our homes with the highest quality and detail. Which is why, we exceed industry standards by building our homes with a steel reinforced poured concrete slab on the first and second floor!

Developer

For over 30 years, the Principals of LUXCOM have been breaking the mold in South Florida with its real-estate developments — outpacing the c…
Details about Luxcom