For SaleRisky Deal187 days on market

1325 Normandy Dr

1325 Normandy Dr, Miami Beach, FL 33141, Miami Beach, FL 33141
$600,000

Listing Price

Property image 1
1325 Normandy Dr, Miami Beach, FL 33141
Loc: Miami Beach, FL
Days Listed
187
Tax Assessed
$719k
Type
multi family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

4

Treasure Island Elementary School

PK-5
1 mi away
5

Nautilus Middle School

6-8
2.8 mi away
5

Miami Beach Senior High School

9-12
3.9 mi away
Haven Underwritten Market·Moderate DSCR (0.60x)

Miami, FL Investment Analysis (2026)

Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

rusticwood-sidingsliding-glass-doorcabin-stylevintagefixer-uppershed-likeexterior-lightingtiled-rooflandscaping-neededconcrete-foundationsmall-structureweathered

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.62%
Total ROI
80.9%
Cash Flow
$-305/mo
DSCR
0.90
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-305/mo net cash flow with a 5.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • • Favorable cap rate profile (5.6%)
  • • Strong rental demand in Miami Beach
Considerations
  • • Verify historical operating expenses and local tax assessment
  • • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-11Price change$600,000$391
2026-07-02Pending sale$420,000$274
2026-06-25Price change$420,000$274
2026-06-19Price change$585,000$381
2026-03-21Listed for sale$515,000$336
1979-01-01Sold$48,500$32

Tax History

YearProperty TaxTax Assessment
2025$2,627.54$212,087
2024$2,527.06$206,110
2023$2,432.07$200,107
2022$2,303.72$194,279
2021$2,276.26$188,621
2020$2,237.43$186,017
2019$2,160.92$181,835
2018$2,018.43$178,445
2017$2,018.43$174,775
2016$1,988.95$171,181
2015$2,001.97$169,992
2014$2,038.6$168,643
2013$2,520.72$166,151
2012$2,520.72$163,374
2011$2,448.4$158,616
2010$2,551.27$156,272
2009$2,301.49$152,164
2006$2,787.33$0
2005$2,787.33$0
2004$2,739.86$0
2003$2,634.54$0
2002$1,945.49$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,534

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