2100 Calais Dr Miami Beach, FL 33141
This exceptional fourplex in Miami Beach's Normandy Shores offers a compelling investment opportunity. The property consists of four units: three featuring three bedrooms and two bathrooms each, and one with two bedrooms and two bathrooms. Each unit is housed in a detached building, providing individual electric and gas meters for efficient utility management. All units boast central air conditioning. The property's S-tile roof was replaced in 2009, enhancing its longevity and reducing maintenance concerns. Two units include in-unit washer/dryer hookups, while the remaining two share a convenient covered exterior laundry area. The property's zoning allows for significant expansion, permitting up to nine units and a five-story structure (50 ft height limit). Its strategic location, just 1.5 miles from the vibrant Miami Beach and close to the North Beach Master Plan and city center, offers easy access to amenities and attractions. The property's versatility makes it ideal for short-term rentals or future development, presenting a rare opportunity for substantial returns. Built in 1951, this two-story building sits on a corner lot at 2100 Calais Dr, Miami Beach, FL 33141, and is offered at $2,100,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.