1730 Marseille Dr, Miami Beach FL 33141

For sale Days on market 45

ISLE OF NORMANDY MIAMI VI [ Quadruplex ]

$1,300,000

$466/sq ft

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Overview

Year Built

1946

Sqft

2792

Property 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.

Property Details

MLS#

A12040315

Total Floor in Bldg

Building

ISLE OF NORMANDY MIAMI VI

Address

1730 Marseille Dr

City

Miami Beach

State/county

Zip/Postal Code

33141

Area

Isle Of Normandy Miami Vi

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$15,910

Maint Fee

$--

Tax Year

2024

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