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1730 Marseille Dr, Miami Beach, FL 33141

$1,300,000 Beds Baths2,792 Sq. Ft.$466 / sq. ft.

Miami Beach, FL 33141 · ISLE OF NORMANDY MIAMI VI

Status
Active
Type
Quadruplex
Year Built
1946
Days on Market
45
MLS #
A12040315

About This Home

Excellent investment opportunity in the heart of Miami Beach. This four-unit multifamily property is located at 1730 Marseilles Drive and consists of four 1-bedroom, 1-bathroom apartments with separate electric meters and strong rental demand in the area. One unit has been recently updated with a brand-new bathroom, while the property has been maintained over the years with A/C units ranging from approximately 1 to 5 years old. A significant benefit for investors is that the property has already completed its 40-Year Recertification, providing added peace of mind and reducing concerns about major compliance requirements. Ideally situated near beaches, shopping, dining, parks, schools, major roadways, and public transportation, this property offers convenience for tenants and long-term upside for investors. The building features a functional layout, on-site parking, and a desirable location within one of South Florida’s most established rental markets. Whether you are looking to expand your portfolio, complete a 1031 exchange, or acquire a value-add asset with income potential, this property presents an attractive opportunity in Miami Beach. Centrally located with easy access to Downtown Miami, South Beach, Bal Harbour, and Miami International Airport. Multifamily opportunities in this area are limited, making this a compelling option for investors seeking stable demand and future appreciation potential.

Property Details

Flooring
Ceramic Floor, Wood
Heating
None
Cooling
Electric, Wall/Window Unit(s)
Architectural Style
Detached

Building & Association

Building Name
ISLE OF NORMANDY MIAMI VI
Stories
2
Stories Total
2
Association
No

Lot & Construction

Lot Features
Less Than 1/4 Acre Lot
Lot Size Square Feet
0
Waterfront
No
View
No
Construction Materials
Concrete Block With Brick, CBS Construction
Roof
Composition Roll
New Construction
No

Public Records

Parcel Number
02-32-10-017-0200
Tax Annual Amount
$15,910
Tax Year
2,024
Zoning
3900
County Or Parish
Miami-Dade County

Location

Courtesy of Naim Real Estate LLC

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