Technical
Financial
Distress signals
Property profile

0 Calais Dr Miami Beach, FL 33141

OFF-MARKET
Apartment buildings
61,723 SF Built 2024
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional portfolio comprises three new luxury townhome complexes in Miami Beach's exclusive Normandy Isles. Totaling 27 units across three buildings, each four-story building offers residents direct intercoastal access. Amenities include private boat slips (8 currently under construction, 10 additional planned), two covered parking garages per unit, elevators, stainless steel appliances, washers and dryers, and rooftop terraces featuring plunge pools and barbecue areas. Units range from over 1,500 to over 2,600 square feet, boasting 4 bedrooms and 3 bathrooms. The properties are situated minutes from pristine beaches, renowned restaurants, and the upscale Bal Harbour Shops. With a total of 61,723 square feet of net rentable space on a 49,554 square foot lot, this portfolio presents a unique investment opportunity. The properties are currently vacant, with an occupancy date of January 31, 2025. The asking price is $58,500,000, representing a price per square foot of $947.78. Built and renovated in 2024, this portfolio offers immediate potential for high returns.

Property profile

Verified
Property type Apartment buildings
Year built 2024
Total area 61,723 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Calais Dr Miami Beach, FL 33141
Miami Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Calais Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message