One Park Grove in Miami

Name: Sales in One Park Grove started!
Start: 2020-08-13T08:22:34.743087+00:00
End: 2023-12-31T23:59:59+0000
Location: One Park Grove

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Property for sale in One Park Grove — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 8635

Finished at	December 2019
Price, m²	From 13600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 200.00 m²
Floors	20
Apartments	72
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

2,720,000$

Net profit

9,376$

Payback period

231.4 years

Avg property value increase per year

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About the project

When Miami’s first settlers set foot on the pristine shores of Coconut Grove, they discovered a landscape that was abundant in natural resources and astounding in its lush tropical beauty. Coconut Grove is an ideal environment for the creation of a residence considered beyond the extraordinary.

Introducing the magnificent waterfront homes of One Park Grove — estate-quality condominiums and penthouses with the perfect location, distinctive architecture, spectacular views and a richly layered lifestyle.

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