1975-1985 Calais Dr Miami Beach, FL 33141

1975-1985 Calais Dr Miami Beach, FL 33141
$17,700,000
$17,700,000
1975-1985 Calais Dr Miami Beach, FL 33141

Overview

Discover a rare investment opportunity at 1975-1985 Calais Dr, Miami Beach, FL 33141—a waterfront townhome complex that epitomizes luxury living and prime location. This stunning property features ten meticulously renovated townhomes, each offering a unique blend of modern design and coastal charm.
Investment Highlights:
  • Waterfront Location: Situated directly on the Intracoastal Waterway, this property provides unparalleled access to the water, making it a boater’s paradise.
  • Exclusive Boat Slips: The complex boasts ten private boat slips, with the addition of eight new slips currently under construction, enhancing the value and appeal of this investment.
  • Recent Renovations: The entire complex underwent a comprehensive renovation in 2024, ensuring that each townhome meets the highest standards of contemporary living.
  • Proximity to Attractions: Just minutes away from the pristine beaches of Miami and the upscale shopping experience at Bal Harbour, this location offers the best of both worlds—secluded luxury and vibrant city life.
Executive Summary: This 100% vacant, ten-unit townhome complex is a prime investment for those looking to capitalize on Miami Beach’s thriving real estate market. With direct access to the Intracoastal, the property is perfectly positioned for both long-term rental income and potential future resale. The recent renovations and ongoing development of additional boat slips further enhance its market value. A 2% commission is available, making this an attractive opportunity for investors and brokers alike.
Whether you’re looking to expand your portfolio or make a strategic investment in one of Miami Beach’s most sought-after locations, this waterfront townhome complex offers unmatched potential.
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Details

  • Lot area (sqft):
    17859 sqft
  • Building area (sqft)::
    32532 sqft
  • Price ($):
    $17,700,000
  • Year built:
    2013
  • Cap Rate:
    4.90%
  • Portfolio: 10 units

Amenities

  • Air Conditioning
  • Balcony
  • Bay Window
  • Cable
  • Dock
  • Dryer
  • Gated
  • Grill
  • Kitchen
  • Laundry
  • Office
  • Sundeck
  • Swimming Pool
  • Washer
  • Waterfront