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G&L Real Estate Development LLC

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One Bay Residences in Miami

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Project info

Object ID: 8632

Finished at	July 2018
Price, m²	From 4320$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 81.00 m²
Floors	3
Apartments	38
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
Free consultation	Ask a question

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

349,920$

Net profit

9,376$

Payback period

29.8 years

Avg property value increase per year

6%

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About the project

The city you want. The privacy you need.

Unique. Serene. Welcoming. Your address is your escape.

An exclusive neighborhood designed for your desires.

Open plan for open minds.

With only 38 residences, only a select few will call it home.

There is a new Miami underway. A Miami amidst a cultural renaissance.

Unwind in a perfect enclave.

Source: One Bay Residences

Developer

Details about G&L Real Estate Development LLC

Hotline

+995 (558) 7000 88

Toll-free number (USA):
+1 855 588 8066

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One Bay Residences on the map of Miami

455 Northeast 39th Street, Miami, FL

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