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.

Features
Swimming Pool
Heating System
Cooling System
Architectural Style
Roof:
Composition
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami Beach
Zipcode:
33141
Street:
1730 Marseille Dr, Miami Beach, Florida 33141
Longitude:
W81° 51' 41.4''
Latitude:
N25° 51' 10.6''
MLS Addon
Building Area:
2,792 Sqft
Construction Materials:
Block, Brick
Cumulative DOM:
45
DOM:
46
Directions:
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.
Flooring:
Wood, Ceramic Tile, Hardwood
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
02-32-10-017-0200
Subdivision Name:
ISLE OF NORMANDY MIAMI VI
Tax Annual Amount:
$15,910
Utilities
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Residential Income For Sale

1730 Marseille Dr, Miami Beach, Florida 33141, Miami Beach, Florida 33141

2,792 Sqft
$1,300,000
MLS # #A12040315
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$1,300,000
Square Footage :
2,792 Sqft
Year Built :
1946
MLS # :
A12040315
Agent info
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