1785 Calais Dr 7, Miami Beach, FL 33141 — MLS photo

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1785 Calais Dr 7, Miami Beach, FL 33141

Active · Condominium

$750,000

1785 Calais Dr 7, 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
Annual tax
—

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.

Property location

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1785 Calais Dr 7, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
890 sq ft

Exterior & Structure

Property type
Condominium
Year built
1951

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$635
County
Miami-Dade
MLS listing ID
A11997315
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

-$2,517

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.4%
Gross yield
5.9%
Mortgage payment
$3,555/mo
Down payment
$187,500
Loan amount
$562,500
Annual NOI
$12,462

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