OFF MARKET

42 Paradise Avenue
Miami QLD 4220

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 410m2
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Property Details for 42 Paradise Ave, Miami

42 Paradise Ave, Miami is a 4 bedroom, 2 bathroom Unit with 3 parking spaces. The property has a land size of 410m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Land Size
410m2
Local Government
Gold Coast City
Lot/Plan
512/RP21903

Last Listing description (February 2023)

This two storey dual-living residence presents an amazing opportunity for investors or developers or those seeking a dual living property. Located in the heart of Miami, only 750m to the beach or a short stroll to Miami Marketta, Pizzey Park, or the popular Burleigh Golf Club. An astute addition to your property portfolio, it offers excellent potential for multiple income streams and claims a prime position just minutes to Miami Beach.

- Premium investment or development opportunity with dual living on one title
- Two completely separate entrances for dual living and privacy

- Modernised upper level showcases stylish flooring and an open-plan layout
- Relax on the large covered deck overlooking the palm-lined saltwater pool
- Sleek kitchen with stone benches, modern bathroom with heated towel rails
- Choose from two bedrooms plus a home office and European laundry
- Two bedroom lower level offers easy-care tiles and private paved courtyard
- Double lock-up garage plus separate single lock-up garage, good storage
- 3.8kW solar system, 5 x split system air-conditioners, 5000L water tank
- Reverse osmosis water filter, NBN connectivity
- Low density zoning, ideal for developers, investors, multi-generational living
- Has two water and electricity meters
- Has separate living accommodation downstairs for teenagers/parents retreats
- Walking distance to Miami Marketta, The Henchmen and Nobby's precinct
- Council Rates: $2,356.46 per annum. Water Rates: $1,585.32 per annum.
- Rental appraisal $1,050-$1,150 per week approximately

Property History for 42 Paradise Ave, Miami, QLD 4220

A timeline of how this property has performed in the market
Last Sold
$1,300,000
01 Feb 2023
Listed for Rent
$350/w
18 Jun 2019
  • 01 Feb 2023
    Sold for $1,300,000
  • 30 Nov 2022
    Listed for Sale Contact Agent
  • 05 Jun 2019
    Listed for Rent $350 / week
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About Miami 4220

The size of Miami is approximately 3 square kilometres. It has 13 parks covering nearly 33.4% of total area. The population of Miami in 2011 was 6,364 people. By 2016 the population was 6,817 showing a population growth of 7.1% in the area during that time. The predominant age group in Miami is 30-39 years. Households in Miami are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Miami work in a professional occupation. In 2011, 53.8% of the homes in Miami were owner-occupied compared with 55.5% in 2016.

Miami has 4,868 properties. Over the last 5 years, Houses in Miami have seen a 116.55% increase in median value, while Units have seen a 120.77% increase. As at 31 October 2024:

  • The median value for Houses in Miami is $1,662,698 while the median value for Units is $1,039,566.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 70 properties listed for sale, and 14 properties listed for rent in Miami on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in Miami.

Suburb Insights for Miami 4220

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.