1730 Marseille Dr, Miami Beach, FL 33141
1730 Marseille Dr, Miami Beach, FL 33141
1730 Marseille Dr, Miami Beach, FL 33141
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$1,300,000
Est. payment /mo
2,792 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,792 sqft

Price per Sqft $465

Subdivision Isle Of Normandy Miami Vi

MLS Listing ID A12040315

Style Fourplex

HOA Y/N No

Year Built 1946

Annual Tax Amount $15,910

Tax Year 2024

Property Sub-Type Quadruplex

Property Description

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.

Location

State FL

County Miami-dade

Community Isle Of Normandy Miami Vi

Area 32

Direction From I-95, take SR-112 East to Miami Beach. Continue on 41st Street, turn south on Alton Road, then east on 71st Street and south onto Marseilles Drive. Property is located at 1730 Marseilles Drive, Miami Beach.

Interior

Heating None

Cooling Electric, Wall/Window Unit(s)

Flooring Ceramic Tile, Hardwood, Wood

Exterior

Pool None

Utilities Available Cable Available

Roof Type Composition

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Brick,Block

Others

Tax ID 02-32-10-017-0200

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12040315


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Naim Real Estate LLC

NEARBY SCHOOL & BUSINESS

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William Gartin

William Gartin

+1(305) 842-6097

Agent | License ID: 3422133

Agent License ID: 3422133

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