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La Linda 1975-1985 Calais Dr 10 Unit Apartment Building $24,470,251 CAD ($2,447,025 CAD/Unit) Miami Beach, FL 33141
INVESTMENT HIGHLIGHTS
- 10 exquisite townhomes: Four at 1,894 SF and six at 2,265 SF
- Direct Intracoastal Waterway access with docks under construction
- Four-level townhomes with private garages and rooftop terraces
- Vacant and ready to rent, with the ability to sell units individually
- Minutes from beaches, fine dining, and Bal Harbour Shops
- Sizes: 1,894 SF (4 units) and 2,265 SF (6 units)
EXECUTIVE SUMMARY
Pleased to present La Linda Club, a premier 10-unit townhome community located in Normandy Isles of Miami Beach. This exclusive waterfront property offers the pinnacle of luxury living, ideally situated minutes from pristine beaches, world-class dining, and Bal Harbour Shops. Recently renovated to the highest standards, La Linda Club now stands vacant and ready for immediate occupancy, sale, and/or leasing, providing a unique opportunity for investors.
Each newly renovated townhome spans four levels, featuring expansive air-conditioned interiors, a private garage, and a rooftop terrace with breathtaking views. The residences are designed with modern elegance and include sleek appliances, dedicated laundry rooms, and private parking. Rooftop terraces are complete with plunge pools and barbecue areas, creating an ideal space for relaxation and entertainment. The community comprises four units at 1,894 SF and six units at 2,265 SF. Additionally, the property offers direct access to the Intracoastal Waterway, with docks currently under construction to accommodate residents' boating needs. La Linda Club represents a rare opportunity to own, lease, or invest in a turnkey luxury residence in one of Miami Beach's most desirable locations.
Each newly renovated townhome spans four levels, featuring expansive air-conditioned interiors, a private garage, and a rooftop terrace with breathtaking views. The residences are designed with modern elegance and include sleek appliances, dedicated laundry rooms, and private parking. Rooftop terraces are complete with plunge pools and barbecue areas, creating an ideal space for relaxation and entertainment. The community comprises four units at 1,894 SF and six units at 2,265 SF. Additionally, the property offers direct access to the Intracoastal Waterway, with docks currently under construction to accommodate residents' boating needs. La Linda Club represents a rare opportunity to own, lease, or invest in a turnkey luxury residence in one of Miami Beach's most desirable locations.
FINANCIAL SUMMARY (PRO FORMA - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$1,244,250
|
$38.25
|
| Other Income |
$199,080
|
$6.12
|
| Vacancy Loss |
$69,125
|
$2.12
|
| Effective Gross Income |
$1,374,205
|
$42.24
|
| Taxes |
$132,170
|
$4.06
|
| Operating Expenses |
$41,475
|
$1.27
|
| Total Expenses |
$173,645
|
$5.34
|
| Net Operating Income |
$1,200,560
|
$36.90
|
FINANCIAL SUMMARY (PRO FORMA - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $1,244,250 |
| Annual Per SF | $38.25 |
| Other Income (CAD) | |
|---|---|
| Annual | $199,080 |
| Annual Per SF | $6.12 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $69,125 |
| Annual Per SF | $2.12 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $1,374,205 |
| Annual Per SF | $42.24 |
| Taxes (CAD) | |
|---|---|
| Annual | $132,170 |
| Annual Per SF | $4.06 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $41,475 |
| Annual Per SF | $1.27 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $173,645 |
| Annual Per SF | $5.34 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $1,200,560 |
| Annual Per SF | $36.90 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Washer/Dryer
- Bay Window
- Kitchen
- Stainless Steel Appliances
- Deck
- Dock
- Office
SITE AMENITIES
- Laundry Facilities
- Pool
- Waterfront
- Gated
- Grill
- Dock
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+3 | 4 | $11,751 CAD | 1,894 |
| 3+4 | 6 | $11,751 CAD | 2,265 |
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PROPERTY TAXES
| Parcel Number | 02-3210-010-0490 | Total Assessment | $11,346,370 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Annual Taxes | $132,170 CAD ($4.06 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
02-3210-010-0490
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$11,346,370 CAD (2025)
Annual Taxes
$132,170 CAD ($4.06 CAD/SF)
Tax Year
2024 Payable 2024
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La Linda | 1975-1985 Calais Dr
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