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Solemar in Miami

Name: Sales in Solemar started!
Start: 2020-08-13T08:15:15.957701+00:00
End: 2023-12-31T23:59:59+0000
Location: Solemar

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Project info

Object ID: 8634

Finished at	December 2021
Price, m²	From 7000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 185.00 m²
Floors	20
Apartments	105
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground 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

1,295,000$

Net profit

9,376$

Payback period

110.2 years

Avg property value increase per year

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About the project

SOLEMAR surrounds you with the most extraordinary combination of possibilities. Spend quality time in the gorgeous spaces overlooking the ocean with ample opportunities for intimate, exclusive gatherings. Bask in the sun and take in your direct beach views while relaxing on the pool deck. Unwind as you discover the beautifully appointed wine salon. Stay in shape mentally and physically at the state-of-the-art fitness center with sauna and steam room. Relax on a hammock, enjoy a movie in the screening room or spend time with friends in the residents’ lounge…life on the beach is all yours.

Developer

Established in 1979, Related Group is Florida's leading developer of sophisticated metropolitan living and one of the country's largest real…
Details about The Related Group