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1730 Marseille Drive

Miami Beach, FL 33141
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Bed 4

Bed

Bath 4

Bath

SqFt2,792

Sqft

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,300,000

AD Id : 85729658

MLS Id : A12040315

Beds : 4

Living Area Size : 2,792

Year Built : 1946

County : Miami-Dade

Subdivision: Isle Of Normandy Miami Vi

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Feature Features

  • Heating & Cooling

    Heating: None, SeparateMeters Has Cooling: Yes Cooling: Electric, WallWindowUnits

  • Building Information

    Year Built: 1946
    Building Area Total: 2792
    Construction Materials: Block
    Private Pool: No

  • Listing Price Information

    Listing Price: $1300000
    Cash, Conventional

  • Tax Information

    Parcel Number: 0232100170200 Tax Year: 2024 Annual Tax: $15910 Tax Legal Desc: 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

  • School Information

    Elementary School: Treasure Island Junior High School: Miami Beach Nautilus Senior High School: Miami Beach
  • Utility Information

    CableAvailable
  • Location Information

    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. WaterSource: Public
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Nearby Home Value

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800 83rd St, Miami Beach, FL, 33141 $1,287,500 -- -- 3,428 3,428 SqFt
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730 84th St, Miami Beach, FL, 33141 $1,250,000 5 5 2,464 2,464 SqFt
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1975 Calais Dr, Miami Beach, FL, 33141 $17,700,000 3 3 26,336 26,336 SqFt
1765 Normandy Dr, Miami Beach, FL, 33141 $1,399,000 -- -- 3,024 3,024 SqFt
1915 Normandy Dr, Miami Beach, FL, 33141 $870,000 15 15 --
7820 Harding Ave, Miami Beach, FL, 33141 $1,750,000 3 4 3,304 3,304 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/23/2026 @ 09:00

MLS: A12040315 LISTED BY: Elba Diaz, Naim Real Estate LLC 818-268-9917 SOURCE: Beaches MLS

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