
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
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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