
MIAMI REALTORS® MLS1730 Marseille Drive, Miami Beach, FL 33141
- Beds
- —
- Baths
- 0
- Sqft
- 2,792
- Home type
- Quadruplex
- Year built
- 1946
- Lot size
- —
- Price / sqft
- $466
- HOA
- $0/mo
- Community
- ISLE OF NORMANDY MIAMI VI
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. Investment Highlights – 1730 Marseilles Drive, Miami BeachThis four-unit multifamily property presents an excellent opportunity for investors seeking stable rental income in one of South Florida’s most desirable markets. The property consists of four 1-bedroom, 1-bathroom units and is ideally positioned in Miami Beach, providing convenient access to beaches, shopping, restaurants, parks, schools, public transportation, and major employment centers.Property Features:* Four 1-bedroom, 1-bathroom units.* Separate electric meters for each unit.* One unit currently vacant, offering flexibility for owner occupancy, market-rate leasing, or immediate improvements.* One unit recently renovated with a completely new bathroom.* Air conditioning systems updated over time, with units ranging from approximately 1 to 5 years old.* Single water meter.* Tenant-paid electricity.* Functional layout with strong rental appeal.Capital Improvements & Compliance:A major benefit of this property is that the 40-Year Recertification has already been completed. This represents a significant advantage for prospective buyers by reducing concerns related to near-term compliance requirements and major inspections.Location:The property is located in a well-established Miami Beach neighborhood with convenient access to:* South Beach* Bal Harbour* Surfside* Downtown Miami* Miami Design District* Wynwood* Miami International Airport* Major roadways and public transportationInvestment Potential:Miami Beach continues to experience strong demand for rental housing due to its location, employment opportunities, lifestyle amenities, and limited supply of multifamily properties. This asset offers investors the opportunity to benefit from current income while exploring future value-add opportunities through rent optimization and continued property improvements.Buyer Verification:All information provided is believed to be accurate but is not guaranteed. Buyers and their representatives are encouraged to independently verify all information, including but not limited to zoning, dimensions, operating expenses, rents, lease terms, recertification status, and any municipal requirements.
Listing activity
- Days on market
- 86
- Listed
- Jun 22, 2026
- MLS listing updated
- Sep 16, 2026
- Feed last checked
- 10 minutes ago
Listed by Elba Carolina Diaz · Naim Real Estate LLC
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms
- 0
- Bathrooms (decimal)
- 0
Rooms & features
- Flooring
- Ceramic Tile, Wood
Heating & cooling
- Heating
- Separate Meters, None
- Cooling
- Electric, Wall/Window Unit(s)
Property
Exterior
- Stories
- 2
- Building area
- 2,792 sqft
- Pool
- No
- Waterfront property
- No
Lot
- Zoning
- 3900
Construction
Type & style
- Home type
- Quadruplex
- Structure type
- Multi Family
- Year built
- 1946
- New construction
- No
Materials
- Construction
- CBS, Concrete Block - No Stucco
- Property condition
- Resale
Utilities & green energy
Utilities
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available
Community & HOA
Community
- Subdivision
- ISLE OF NORMANDY MIAMI VI
- MLS area
- 2320
Association
- Has association
- No
- Estimated monthly dues
- $0
Lease details
Not reported by the listing source.
Location
Area details
- City
- Miami Beach
- County
- Miami-Dade
- ZIP code
- 33141
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A12040315
- Possession
- Close Of Escrow
- Original list price
- $1,300,000
- Parcel number
- 0232100170200
- Annual property tax
- $15,910
- Tax year
- 2024
- Tax legal description
- ISLE OF NORMANDY MIAMI VIEW SEC PART 2 PB 41-75 LOT 10 BLK 31 LOT SIZE 52.300 X 125 OR 20397-4189 04 2002 1
Additional MLS details
Reported by the listing source
- Association
- No
- Bathrooms Total Decimal
- 0
- Bathrooms Total Integer
- 0
- Building Area Total
- 2792
- Construction Materials
- CBS, Concrete Block - No Stucco
- County Or Parish
- Miami-Dade
- Days On Market
- 86
- Elementary School
- Treasure Island
- High School
- Miami Beach
- List Price
- 1300000
- Listing Contract Date
- 2026-06-22
- Living Area
- 2792
- MLSArea Major
- 2320
- Middle Or Junior School
- Miami Beach Nautilus
- Mls Status
- Active
- On Market Date
- 2026-06-22
- Photos Count
- 10
- Postal Code
- 33141
- Property Sub Type
- Quadruplex
- Property Type
- Residential Income
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-06-22T04:00:00Z
- Stories Total
- 2
- Subdivision Name
- ISLE OF NORMANDY MIAMI VI
- Water Source
- Public
- Tax Annual Amount
- 15910
- Pool Private
- No
- Waterfront
- No
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Jun 22, 2026 | ListedMIAMI REALTORS® MLS | $1,300,000$466/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2024 | $15,910 | — |
Payment calculator
- Principal & interest
- $6,745
- Property taxes
- $1,326
- Insurance
- $650
- Association dues
- $0
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Neighborhood
Area
ISLE OF NORMANDY MIAMI VIMiami Beach · Miami-Dade County · 33141
Climate risk
—No licensed climate-risk source is connected.
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