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Single Family Residence
$2,575,000$1,200 / sqft
771 Fairway Dr, Miami Beach FL 33141
Listed
3
Bedrooms
4
Bathrooms
2,146 sqft
Interior
2000
Year built
None
HOA
Single Family Residence
Type
About this home
Discover effortless Miami Beach living at 771 Fairway Dr, set within the intimate, guard-gated enclave of Normandy Shores Island. A beautifully renovated residence offering 3 bedrooms, 3.5 bathrooms, and 2,146 square feet of thoughtfully designed interiors. Bright, inviting living spaces are complemented by a modern kitchen featuring sleek finishes, contemporary appliances, and generous storage, while beautifully updated bathrooms bring a refined touch throughout the home. Designed for both everyday living and entertaining, the residence flows seamlessly to a private tropical backyard retreat. Enjoy a sparkling pool surrounded by lush landscaping, a covered outdoor living area, and barbecue space—creating the perfect setting for relaxed afternoons, al fresco gatherings, and year-round South Florida living. Ideally situated across from Normandy Shores Golf Club, this turnkey home combines modern comfort, privacy, and an exceptional indoor-outdoor lifestyle.
Features
- First Floor Entry
- Bar
- Built-in Features
- Closet Cabinetry
- Pantry
- Volume Ceilings
- Walk-In Closet(s)
- Family Room
- Lighting
- None
- Other
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals in Miami Beach, from 19 active listings; the middle half ask $6,500–$13,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.