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Property profile & analytics
OFF-MARKET
Residential income homes

2005 Calais Dr Miami Beach, FL 33141

26,896 SF 21224 ac lot Built 2025
Entity Owned 5-yr Hold
Property ID
US18-5181156
Property summary
AI-generated overview

This exceptional 12-unit townhome complex in Miami Beach's exclusive Normandy Isles presents a lucrative investment opportunity. Boasting a prime location just minutes from pristine beaches, renowned restaurants, and the upscale Bal Harbour Shops, this new construction development offers unparalleled luxury and convenience. Each four-story townhome features approximately 1,500 to 2,500 square feet of air-conditioned living space, complete with an elevator, two covered parking garages, four bedrooms, and three bathrooms. High-end finishes include stainless steel appliances and in-unit washer/dryer. Residents will enjoy private rooftop terraces with plunge pools and barbecue areas. The property sits on a substantial 21,224-square-foot lot, and boat slips are available. The total building square footage is 26,896 square feet. Currently vacant, the property is projected for completion and occupancy by December 31, 2025. Offered at $28,500,000. This is a rare chance to acquire a brand-new, high-end multifamily property in one of Miami Beach's most desirable neighborhoods. Direct intercoastal access adds to the exceptional appeal of this unique investment.

Property profile
Verified
Property type Residential income homes
Year built 2025
Total area 26,896 SF
Lot 21224 ac (924,517,440 SF)
UPID US18-5181156
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Pampa Sunbelt 5 LLC · 5 yrs held
Pampa Sunbelt 5 LLC
since 2021
3 recorded transactions
2024
Price N/A
2021
$3.1M
2020
$1.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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