8062 Grand Canal Dr Miami, FL 33144
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.
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
Similar Nearby for Sale
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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.