Investment opportunities in South Florida and Miami
Investment
Brickell on the River
31-41 SE 5th Street, Miami, FL 33131
Build 2006
Floors 42
Units 712
For Rent 37
$2,875 - $7,200
For Sale 14
$530,000 - $998,000
Investment
New
SLS Brickell
1300 S Miami Ave, Miami, FL 33130
Build 2017
Floors 52
Units 452
For Rent 23
$3,399 - $21,000
For Sale 28
$525,000 - $4,150,000
Investment
Beachwalk
2600-02 E Hallandale Beach Blvd., Hallandale, FL 33009
Build 2015
Floors 33
Units 300
For Rent 4
$5,950 - $7,500
For Sale 1
$850,000 - $850,000
Investment
New
Hyde Resort & Residences
4111 South Ocean Drive, Hollywood, FL 33019
Build 2016
Floors 41
Units 407
For Rent 22
$1,888 - $12,500
For Sale 74
$615,000 - $2,700,000
Investment
New
HYDE Beach House
4010 S Ocean Dr, Hollywood Beach, FL 33019
Build 2019
Floors 43
Units 342
For Rent 40
$2,500 - $10,000
For Sale 60
$590,000 - $1,285,000
Investment
New
Crypto
The Crosby Miami Worldcenter
640 N Miami Ave, Miami, FL 33136
Build 2025
Floors 31
Units 450
For Sale 3
$300,000 - $600,000
Investment
New
Natiivo Miami
190 Northeast 6th Street, Downtown Miami, FL 33132
Build 2023
Floors 50
Units 400
Investment
New
Midblock
3250 NE 1 Ave Miami FL 33137
Build 2007
Floors 11
Units 173
Investment
New
Quadro
3900 Biscayne Blvd, Miami, FL 33137
Build 2019
Floors 12
Units 198
For Rent 3
$4,000 - $5,500
For Sale 28
$585,000 - $1,100,000
Investment
New
Legacy Hotels & Residences
942 NE 1st Avenue, Miami, FL 33132
Build 2022
Floors 39
Units 278
Since the last two decades, Florida has been growing fast in technology, industrialization, tourism, etc. In South Florida, Miami is the main center of attraction. Its valuable features include south beaches, comfortable all-year-around weather, luxury restaurants, Ocean drive, and much more. Moreover, Miami is getting more gentrified with the addition of thousands of condos downtown, making it a fitting place for spending a life. Because of being South Florida's most attractive and valuable place, Miami welcomes investors from all over the world. Most of the investors prefer the real estate market due to endless opportunities. If you are an investor or realtor in Miami, you will be lucky to come across this read.
MIAMI-DADE COUNTRY | March 2022
REAL ESTATE SNAPSHOT - Change since this time last year
All property typess
Miami Real Estate: Why invest in Real Estate Miami?
Every investor wants to preserve and grow his wealth, and investing in Miami's real estate is the best option to do this. Miami, an exotic land, has been through many cultural evolutions. Still, it is known for its tanning and glistening beaches. Every single feature of Miami has contributed to improving the investment potential of this city. Location is always the key concern when it comes to buying a property. Miami is a place where investors can enjoy high rental yields or permanent sales. The development of south beach and 23000 condos downtown increases the prominence of real estate potential. Miami is becoming the brightest spot to have a permanent home or second residence. The scale is going up, offering luxurious destinations, making Miami a vibrant city, and welcoming a large investor's community. Many investment opportunities are emerging out with the increase in demand.
Investment Opportunities in Miami
Undoubtedly, Miami properties' demand is getting high, and investors are deeply looking to make impressive deals. No matter if a person invests for personal or professional use, financial growth is guaranteed. The potential trend of the real estate market is more likely to grow in the upcoming years. Many multi-national companies have made it a hub to access human resources and grow their businesses. It makes access easier for skilled labor, thus attracting companies and employees. It isn't wrong to say that Miami has become a corporate hub for many national and international companies. The soaring demand for land and property increased opportunities for real estate brokers in the Miami real estate market. Miami is growing every day in connection with business prominence and real estate investment opportunities.
FULL MARKET SUMMARY
March 2022 | All Property Types
According to studies, home prices rose high in past years, raising the demand for rental homes in Miami. But now the trend has taken a shift. The people find it fruitful to own a house rather than having it on a rental basis. Whatever the situation is, the investors are at a profitable edge. Building residential homes and apartments promise high returns on investment. Embellished with detailed craftsmanship, beautiful colors, indoor pools, spas, complementary living spaces, and luxury rooms are perfect reasons to buy a home in Miami. The Mondial International Realty, a real estate broker in Miami, has an eye on the show-stopping real estate properties that can bring 5% to 12% yearly profit.
SOLD AND NEW PROPERTIES (UNITS)
March 2022 | All Property Types
Sold Properties | Number of properties sold during the year
New Properties | Number of properties listed during the year.
People from all over the world are looking to buy condos in Miami to enjoy a luxury lifestyle. Other than the residential area, Miami has a large room for investors in commercial properties. Moreover, a mortgage investment opens the door for small businesses and helps them participate more in house financing using private lending.
The red hot real estate market of Miami is not getting cool. The local public and the world's well-known bold names book permanent homes or rent houses in Miami. Many politicians and film stars are included in the list of buyers. Moreover, it is a must-have address for various billionaires. These facts show that Miami is the center of attraction for all families, friends, business owners, etc. Therefore, Miami has vast opportunities to invest in real estate. Investors have endless benefits in both personal properties and commercial lands. It is right to say that Miami is the best suitable place to grow a family, run a business, and get massive profits.
MEDIAN SALES PRICE AND NUMBER OF SALES
March 2022 | All Property Types
Median Sales Price | Price of the ""middle"" property sold -an equal number of sales were above and below this price.
Number of Sales | Number of properties sold.
If you are dealing in real estate properties in Miami or looking to settle in the city of glory, then you have come across the right platform. Mondial International Realty uses an active marketing strategy to reach maximum customers on different social media platforms. Our competent team captures the alluring image to add sellers' property to top listings and boost sales. Moreover, it supports buyers in finding the best place for their usage. Stand out in a highly competitive market by choosing a perfect platform for luxury condos and other properties. We are always pleased to serve our valuable customers. Contact us for more details.
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
March 2022 | All Property Types
Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE
March 2022 | All Property Types
Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE
March 2022 | All Property Types
Average Sales Price | Average sales price for all properties sold.
Properties for Sale | Number of properties listed for sale at the end of month.
PROPERTIES FOR SALE AND SOLD PROPERTIES
March 2022 | All Property Types
Properties for Sale | Number of properties listed for sale at the end of month.
Sold Properties | Number of properties sold.
AVERAGE ASKING/SOLD/UNSOLD PRICE
March 2022 | All Property Types
Unsold Price | the average active list price
Asking Price | the average asking price of sold properties
Sold Price | the average selling price
ABSORPTION RATE
March 2022 | All Property Types
Absorption Rate | Looks at the past year's monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.
MONTHS SUPPLY OF INVENTORY
March 2022 | All Property Types
Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.
