**Prime Value-Add Fourplex in Normandy Shores** Exceptional corner fourplex featuring three 3-bed/2-bath units and one 2-bed/2-bath unit. Detached buildings with individual electric and gas meters. Central A/C in all units, S-tile roof replaced in 2009, and two units with in-unit washer/dryer. The other two share a covered exterior laundry area. Zoned for up to 9 units and 5 stories (50 ft). Located 1.5 miles from Miami Beach, close to the North Beach Master Plan and city center. Perfect for short-term rentals or future development. A rare investment opportunity!
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$10.5K
Per Month
Principal & Interest
$10.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,362
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Treasure Island Elementary School
7540 E Treasure Dr
Distance between this listing and this school0.53 miles
Public District Grades PK-5
6
/10
Biscayne Elementary School
800 77th St
Distance between this listing and this school1.17 miles
Public District Grades PK-5
10
/10
Ruth K. Broad/Bay Harbor K-8 Center
1155 93rd St
Distance between this listing and this school2.26 miles
Public District Grades PK-5
Nearby Schools
7
/10
Mater Academy Miami Beach
8625 Byron Ave
Distance between this listing and this school1.75 miles
Public Charter Grades KG-8
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school2.70 miles
Public District Grades 6-8
4
/10
Horace Mann Middle School
8950 NW 2nd Ave
Distance between this listing and this school3.71 miles
Public Magnet Grades 6-8
Nearby Schools
1
/10
Dr. Marvin Dunn Academy for Community Education.
8950 NW 2nd Ave
Distance between this listing and this school3.67 miles
Public District Grades 9-12
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school3.76 miles
Public District Grades 9-12
7
/10
Itech@Thomas a Edison Educational Center
6101 NW 2nd Ave
Distance between this listing and this school3.85 miles
The neighbors living near this home have an average income of $26,935. Typical income of Miami Beach, FL residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 2100 Calais Dr in Miami Beach, FL and zip code 33141 in the Normandy Isle neighborhood. This 5,020 square foot home was built in 1951. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $2,100,000.
Miami Beach, FL housing market in October 2024 saw over 6 listings sold above listed price, more than 9 sold at listed price and over 77 sold below. Between September 2024 and October 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 15.1%. In October 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $604,583.
From Rocket Homes Real Estate and based on county public records data.