Premier Brokers International
1730 Marseille Drive, Miami Beach, FL 33141
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12040315
$1,300,000

1730 Marseille Drive, Miami Beach, FL 33141

Beds
—
Baths
0
Sqft
2,792
Est. payment$8,721/mo
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

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jun 22, 2026ListedMIAMI REALTORS® MLS$1,300,000$466/sqft

Public tax history

YearProperty taxesAssessment
2024$15,910—

Payment calculator

Estimated monthly payment$8,721/moIllustrative estimate, not a loan offer.
Principal & interest
$6,745
Property taxes
$1,326
Insurance
$650
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

ISLE OF NORMANDY MIAMI VI

Miami Beach · Miami-Dade County · 33141

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Treasure IslandElementary
—
Miami Beach NautilusMiddle
—
Miami BeachHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Naim Real Estate LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.