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Property profile

8062 Grand Canal Dr Miami, FL 33144

OFF-MARKET
Apartment buildings
Property ID
US19-0056193
Built 1956
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Property summary

AI-generated overview

This remarkable waterfront duplex presents a rare investment opportunity in Miami, Florida. Located at 8062 Grand Canal Dr, Miami, FL 33144, this property boasts a prime location near shopping, schools, and major roads. Situated on a spacious 15,000 square foot lot, the duplex offers two units, each featuring three large bedrooms and two bathrooms. Built in 1956, this single-story building is well-maintained and features comfortable layouts designed to maximize privacy. Each unit includes separate laundry rooms, separate utility meters, and private covered screened-in terraces providing access to large backyards with stunning Tamiami Canal views. Interior features include hardwood floors, central air conditioning, skylights, and walk-in closets. The property is zoned for multifamily use (2-9 units), offering significant potential for future development or expansion. This light and bright duplex is an incredible investment opportunity in a high-demand rental income area. Please respect the privacy of current tenants.

Property profile

Verified
Property type Apartment buildings
Year built 1956
UPID US19-0056193

Cap rate & NOI

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

Location

8062 Grand Canal Dr Miami, FL 33144
Miami metro
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Value estimations

Realmo proprietary · 4 methods
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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
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