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Brickell Apartment Investment Portfolio
Micael Machado
Realtor-Associate
786.859.6311
Micael Machado | 786.859.6311
Gross Yearly Rent Income $209,105.16
HOA and Hotel Fees $70,737.84
Property Taxes $42,672.84
NOI $95,694.48
Leasable Area 7,632 SF
Compass Florida LLC proudly presents the sale of this Prime Brickell and Miami Beach Apartment Investment Portfolio. This portfolio includes a total of 8 assets distributed as follows: 4 units in 1060 Brickell, 3 units in Infinity at Brickell, and 1 unit in Mondrian South Beach. Unit 508 at Mondrian is currently under the hotel program for another 20 months. All units are free and clear and under one LLC. Perfect for an investor who wants to invest on prime location with a strong rental market. All units are rented and occupied, showings only with a Letter of Intent.
Key Features
+ Stabilized Rental Income + 100% Occupied + Prime Location-Financial District+ Urban Area+ Walking distance to Brickell City Center, Mary Brickell Village
+ Access to all Public Transportations+ Full Amenities Buildings + 7,632 SQFT of Leasable area + Low Vacancy Rate + Great Unit Mix
Summary
Not intended to solicit currently listed property. © Compass Florida, LLC. Equal Housing Opportunity. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Compass makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice.
Micael Machado | 786.859.6311
Property Address Building Unit LivArea SF BD/BA
1060 Brickell Ave 1060 Brickell Building 1013 1,440 2/2
1060 Brickell Ave 1060 Brickell Building 4101 1,368 2/2.5
1060 Brickell Ave 1060 Brickell Building 3113 945 1/1
1060 Brickell Ave 1060 Brickell Building 3803 963 1/1.5
60 SW 13 St Infinity Brickell Building 2004 876 1/1.5
60 SW 13 St Infinity Brickell Building 3013 788 1/1.5
60 SW 13 St Infinity Brickell Building 1413 722 1/1.5
1100 West AveMondrian South Beach Condominium / Hotel
508 530 0/1
Unit Mix
Rent Roll
Summary
Address Unit BD/BA Living Area SF Montly RentGross Yrl Rent Income
HOA Property Taxes
1060 Brickell 1013 2/2 1,440 2,650 $31,800.00 $11,368.20 $6,326.26
1060 Brickell 4101 2/2.5 1,368 2,750 $33,000.00 $11,141.64 $8,221.00
1060 Brickell 3113 1/1 945 2,150 $25,800.00 $7,249.68 $5,053.89
1060 Brickell 3803 1/1.5 963 2,150 $25,800.00 $7,662.36 $5,682.88
60 SW 13 St 2004 1/1.5 876 1,700 $20,400.00 $7,619.28 $4,249.33
60 SW 13 St 3013 1/1.5 788 1,850 $22,200.00 $6,854.88 $4,303.95
60 SW 13 St 1413 1/1.5 722 1,850 $22,200.00 $6,201.96 $3,968.28
1100 West Ave 508 0/1 530 2,325 $27,905.16 $12,639.84 $4,867.25
TOTALS 7,632 $209,105.16 $70,737.8 $42,672.84
Not intended to solicit currently listed property. © Compass Florida, LLC. Equal Housing Opportunity. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Compass makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice.
Micael Machado | 786.859.6311
Why Brickell is the fastest growing neighborhood in South Florida?
Source: www.forbes.com/sites/jeffsteele/2019/03/29/
why-brickell-is-miamis-fastest-growing-
neighborhood/#11d9cb5b7cd0
Referred to as “The Manhattan of the South”, Brickell is
recognized as the second largest international banking
center in the U.S. for its international banking and
business institutions. Brickell is a neighborhood South
of Miami Downtown that has grown rapidly to a vibrant
urban area to live and work offering various luxury condos
and homes surrounded by village with shops, boutiques,
cafes, bistros and fine dining. The vision of Brickell is to
have everything within walking distance and make it a true
live, play and work neighborhood. In 2016 Swire properties
built Brickell City Center a mega-mixed-use project that
includes a 3-level, open-air shopping center with high end
retailers, ultra lux Cinema, Luxe East Miami hotel, and Two
Residential towers and superb dining experience adding
more value to work and live in brickell.
Micael Machado | 786.859.6311
1060 Brickell Avenue
Building Highlights
• Premier Brickell Avenue address
• Excellent proximity to neighborhood restaurants,
shopping, grocery stores and vibrant
entertainment
• One-block walk to Mary Brickell Village’s exciting
new leisure and lifestyle center
• Adjacent to People Mover and Metrorail station
• Minutes from Coconut Grove, Coral Gables and
South Beach, as well as Miami International
Airport and Interstate 95
• Surrounded by new community initiatives
including the Performing Arts Center, Bicentennial
Park and a proposed Charter School
• Distinctive two-tower complex offering
magnificent views of Biscayne Bay, Downtown
Miami and the city skyline
• Elegant, spacious contemporary 2story lobby
created by an award-winning design team
• 24hour attended lobby and security service
• Multiple high-speed elevators
• Enclosed 12story parking garage featuring
security access controls at all entry levels
• Private storage units
• Ground floor retail and restaurants
• Valet Parking
• Pet-friendly
Property Address Unit LivArea SF BD/BA
1060 Brickell Ave 1,013 1,440 2/2
1060 Brickell Ave 4,101 1,368 2/2.5
1060 Brickell Ave 3,113 945 1/1
1060 Brickell Ave 3,803 963 1/1.5
Micael Machado | 786.859.6311
1060 Brickell Avenue
Unique Amenities
• Lushly landscaped resort deck featuring temperature-controlled
pool and whirlpool, sun deck and recreation spaces
• State-of-the-art fitness center with advanced cardiovascular
and weight-training equipment, steam rooms, showers and
locker rooms
• Virtual golf room featuring sophisticated indoor golf simulator
• Wine/Cigar lounge outfitted with temperature-controlled wine
storage cabinets and personal humidors for cigars
• Family room
• Spa treatment rooms
• Yoga/aerobics room
• Game room with billiard table
• Lounge and party room with catering kitchen accessible from
pool deck
Quick Facts
Developer IMICO Brickell LLC
Architect SB Architects
Builder N/A
Year Built 2008
Number of Units 570
Unit Sizes From 890 to 1440 SF
Micael Machado | 786.859.6311
Infinity at Brickell
• Elegant master bath with marble vanity tops, shower
tub walls, and floors
• Imported custom Italian cabinetry
• Top of the line appliances including side-by-side
refrigerator/freezer with ice maker, cook top and
built-in oven, microwave and dishwasher
• Dramatic 10 to 20 foot ceiling heights (floor to floor)
• Expansive glass walls with dramatic city views
• Private wrap-around terraces
• Impact resistant windows and sliding glass doors to
meet hurricane codes.
• Spacious contemporary lobby with walls of glass two
stories high
• Spectacular infinity pool and deck.
• State-of-the-art private fitness center and spa.
• Roof terrace with breathtaking views of the Miami
skyline
• Gyu-Kaku Japanese BBQ restaurant on ground floor.
• 24-hour concierge service and doorman.
• Full security - state-of-the-art monitored security
surveillance
• Valet parking
• Activity area includes television, billiards, library,
sitting area and party room (serviced by a catering
kitchen and bar for special events)
• State-of-the-art fitness center featuring strength and
cardiovascular training, aerobics, yoga, massage, dry
sauna, steam, showers and lockers.
Quick Facts
Developer DYL Development Group, LLC
Architect Borges & Associates
Builder N/A
Year Built 2009
Number of Units 459
Unit Sizes 14
Property Address Unit LivArea SF BD/BA
60 SW 13 St 2004 876 1/1.5
60 SW 13 St 3013 788 1/1.5
60 SW 13 St 1413 722 1/1.5
Micael Machado | 786.859.6311
Mondrian South Beach
Developed by The Morgans Hotel Group and built in 2007,
Mondrian South Beach is a condo-hotel property which
includes 342 residences and rises 20 floors. The award-
winning Marcel Wanders designed the oversized units
in the Mondrian South Beach building. From this prime
waterfront location residents enjoy breathtaking views of
the Miami skyline, Biscayne Bay, and the Atlantic Ocean.
Amenitites
• 24-Hour World Class Concierge Services
• Full-Service Business Center
• Valet Parking and Limousine Services
• State-of-the-Art Fitness Center
• Complete Housekeeping Services
• Bag Pick-Up Service from the Bal Harbour Shops
• In-Room Massage and Spa Services
• Private Catering
Features
• 32-Inch Flat Screen Monitors
• Loft-Like Spaces
• Unique Features and Custom Detailing by World-
Famous Designer, Marcel Wanders
• Large windows and Private Balconies
• Bathrooms with Oversized Sinks
• Showers Tiled in a Mosaic of Clouds and Sky
• Wander’ Signature Chandeliers
Property Address Unit LivArea SF BD/BA
1100 West Ave 508 530 0/1
Micael Machado | 786.859.6311
About Miami
Miami Population Growth
Micael Machado | 786.859.6311
About Miami
Population by Race
Miami Household and Families
Micael Machado | 786.859.6311
About Brickell
Median Household Income Statistics
Real Estate Statistics Median Home Value, Median Rent,
and Dense Urban bar graph rent vs. own
Micael Machado | 786.859.6311
Rental Comparables For 1060 Brickell Ave2/2 in the past 6 months
1/1 in the past 6 months
MLS # Link Address Rent Period Beds Bath HBaths SF Liv Area Year Built Sale Price
A10644411 1060 Brickell Ave Unit#4017 $2,800.00 2 2 1 1,368 2008 $2,700.00
F101699361060 BRICKELL AV Unit#2017
$2,800.00 2 2 1 1,368 2008 $2,700.00
A106970311060 BRICKELL AV Unit#3517
$2,800.00 2 2 1 1,368 2008 $2,700.00
A10637600 1060 Brickell Ave Unit#3117 $2,930.00 2 2 1 1,368 2008 $2,900.00
A10720047 1060 Brickell Ave Unit#3401 $3,000.00 2 2 1 1,368 2008 $3,000.00
MLS # Link Address Rent Period Beds Bath Garage SF Liv Area Year Built Sale Price
A107136851060 BRICKELL AVENUE Unit#2113
$2,000.00 1 1 1 945 2008 $2,000.00
A107222171060 BRICKELL AV Unit#2803
$2,200.00 1 1 1 963 2008 $2,100.00
A107342161060 BRICKELL AVE Unit#2215
$2,250.00 1 1 1 945 2008 $2,150.00
A10705466 1060 Brickell Ave Unit#3613 $2,200.00 1 1 1 945 2008 $2,150.00
A106769331060 Brickell Ave Unit#3403
$2,225.00 1 1 1 963 2008 $2,225.00
A10716816 1060 Brickell Ave Unit#3615 $2,200.00 1 1 1 945 2008 $2,200.00
A10641399 1060 Brickell Ave Unit#2115 $2,250.00 1 1 1 945 2008 $2,200.00
Micael Machado | 786.859.6311
Rental Comparables For Infinity1/1.5 past 6 Months
1/1 in the past 6 months
MLS # Link Address Rent Period Beds Bath HBaths SF Liv Area Year Built Sale Price
A10670843 60 SW 13th St Unit#2606 $1,950.00 1 1 1 875 2008 $1,850.00
MLS # Link Address Rent Period Beds Bath Garage SF Liv Area Year Built Sale Price
A10670843 60 SW 13th St Unit#2606 $1,950.00 1 1 1 875 2008 $1,850.00
A10696984 60 SW 13th St Unit#1620 $1,950.00 1 1 1 878 2008 $1,900.00
A10653178 60 SW 13th St Unit#1608 $1,950.00 1 1 1 876 2008 $1,900.00
A10699879 60 SW 13 ST Unit#2208 $2,000.00 1 1 1 876 2008 $1,900.00
A10695554 60 SW 13th St Unit#3212 $1,975.00 1 1 1 873 2008 $1,900.00
A10720917 60 SW 13th St Unit#2408 $1,950.00 1 1 1 876 2008 $1,950.00
A10693571 60 SW 13th St Unit#3010 $2,000.00 1 1 1 878 2008 $2,000.00
A10719858 60 SW 13th St Unit#1805 $1,950.00 1 1 1 830 2008 $1,900.00
A10658093 60 SW 13th Unit#1604 $2,200.00 1 1 1 876 2008 $2,100.00
A10690161 60 SW 13th St Unit#3207 $1,850.00 1 1 1 742 2008 $1,800.00
A10675653 60 SW 13th St Unit#3005 $1,900.00 1 1 1 739 2008 $1,800.00
A10702166 60 SW 13th St Unit#2407 $1,880.00 1 1 1 739 2008 $1,820.00
A10753530 60 SW 13th St Unit#4614 $2,000.00 1 1 1 807 2008 $2,000.00
A10639919 60 SW 13th St Unit#4810 $2,000.00 1 1 1 765 2008 $1,900.00
A10646404 60 SW 13th St Unit#2605 $1,900.00 1 1 1 739 2008 $1,850.00
A10644890 60 SW 13th St Unit#2805 $1,950.00 1 1 1 739 2008 $1,850.00
A10648242 60 SW 13th St Unit#2609 $1,900.00 1 1 1 739 2008 $1,850.00
Micael Machado | 786.859.6311
Rental Comparables For Infinity
1/1 in the past 6 months
MLS # Link Address Rent Period Beds Bath Garage SF Liv Area Year Built Sale Price
A10648242 60 SW 13th St Unit#2609 $1,900.00 1 1 1 739 2008 $1,850.00
A10619512 60 SW 13 ST Unit#4208 $1,975.00 1 1 1 766 2008 $1,925.00
A10626526 60 SW 13 ST Unit#1413 $1,900.00 1 1 1 722 2008 $1,850.00
A10705325 60 SW 13th St Unit#1615 $1,850.00 1 1 1 714 2008 $1,850.00
A10698141 60 SW 13th St Unit#2617 $1,950.00 1 1 1 750 2008 $1,950.00
A10685473 60 SW 13th St Unit#4608 $2,050.00 1 1 1 766 2008 $2,000.00
A10719660 60 SW 13th St Unit#1103 $2,000.00 1 1 1 722 2008 $1,900.00
A10668247 60 SW 13th St Unit#3211 $2,100.00 1 1 1 742 2008 $2,000.00
A10680303 60 SW 13th St Unit#2015 $1,950.00 1 1 1 714 2008 $1,950.00
A10685861 60 SW 13th St Unit#1107 $1,950.00 1 1 1 700 2008 $1,925.00
A10714505 60 SW 13th St Unit#5014 $2,400.00 1 1 1 807 2008 $2,375.00
A10728053 60 SW 13th St Unit#2521 $1,975.00 1 1 1 700 2008 $1,900.00
A10695856 60 SW 13 ST Unit#1121 $2,000.00 1 1 1 700 2008 $1,900.00
Link to video
Micael MachadoReal Estate Associate | Micael Machado [email protected]: 786.859.6311