Multifamily

1965 Calais Dr

1965 Calais Dr, Miami, FL 33141

Listing Price: $1,600,000

Cap Rate
4.42%
Number of Units
9
GRM
12.61
Occupancy
95.00%
Price/Unit
$177,778
Price/Gross SF
$352.73
Gross SF
4,536

Investment Overview

Normandy Isles is one of the most desirable rental markets in Miami-Dade County as North Beach will be experiencing a major redevelopment of hotels and premium retail.

Investment Highlights

  • A 9-unit apartments building located in the northern portion of Miami Beach.
  • The property was originally constructed in 1946. Some renovation in 2013.
  • The unit mix is : 7 One Bed/One Bath and 2 Studios

Exclusively Listed By

Listing Price: $1,600,000

Cap Rate
4.42%
Number of Units
9
GRM
12.61
Occupancy
95.00%
Price/Unit
$177,778
Price/Gross SF
$352.73
Gross SF
4,536

Investment Highlights

  • A 9-unit apartments building located in the northern portion of Miami Beach.
  • The property was originally constructed in 1946. Some renovation in 2013.
  • The unit mix is : 7 One Bed/One Bath and 2 Studios

Investment Overview

Normandy Isles is one of the most desirable rental markets in Miami-Dade County as North Beach will be experiencing a major redevelopment of hotels and premium retail.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower