Active · Condominium
$750,000
1785 Calais Dr 5, Miami Beach, FL 33141
- Beds
- 2
- Baths
- 2
- Living area
- 890 sq ft
- $ / sq ft
- $843/sq ft
- Year built
- 1951
- Lot size
- —
- HOA fee
- $635 Monthly
- Annual tax
- $4,396
About this property
Excellent opportunity to own in a waterfront property. The property is well positioned in a desirable and growing area with strong investment potential. This property is part of a larger assemblage opportunity, offering additional upside for investors and developers seeking scale in a prime location. Close to beaches, major roadways, shopping, and dining.
Interior & exterior features
Appliances
- Dryer
Cooling
- Central Air
Heating
- Central
Views
- Garden
Parking
- None
Interior features
- Bedroom On Main Level
- First Floor Entry
Exterior features
- None
Flooring
- Ceramic Tile
construction
- Block
association_amenities
- Other
association_fee_includes
- Sewer
- Trash
- Water
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
-$1,696
- Cap rate
- 3.0%
- Net yield
- 3.0%
- Cash-on-cash return
- -9.7%
- Gross yield
- 5.9%
- Mortgage payment
- $3,555/mo
- Down payment
- $187,500
- Loan amount
- $562,500
- Annual NOI
- $22,316
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.