1975 Calais Dr, Miami Beach, FL 33141 — MLS photo

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1975 Calais Dr, Miami Beach, FL 33141

Active · Triplex

$17,700,000

1975 Calais Dr, Miami Beach, FL 33141

Beds
—
Baths
0
Living area
26,336 sq ft
$ / sq ft
$672/sq ft
Year built
2013
Lot size
—
HOA fee
—
Annual tax
$99,586

About this property

10 Townhome complex located in Miami Beach with direct access to the Intercostal. Building has been completely renovated 2024. Actually in the process of building 8 boat slips. 100% vacant. New flooring, bathrooms, Kitchen cabinets, appliances. SELLER FINANCING AVAILABLE

Property location

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1975 Calais Dr, Miami Beach, FL 33141

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Facts & features

Interior

Bathrooms
0
Living area
26,336 sq ft
Flooring
Laminate
Cooling
Central Air
Heating
None

Exterior & Structure

Property type
Triplex
Year built
2013
Roof
Concrete
Construction
Block
Pool
Fiberglass, Other, Pool
Waterfront
Canal Front, Fixed Bridge, Navigable Water

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$99,586
Subdivision
NORMANDY WATERWAY SUB
County
Miami-Dade
Days on market
681
MLS listing ID
A11675758
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$16,059

Cap rate
4.6%
Net yield
4.6%
Cash-on-cash return
-3.9%
Gross yield
6.5%
Mortgage payment
$83,907/mo
Down payment
$4,425,000
Loan amount
$13,275,000
Annual NOI
$814,178

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.