For Sale
$1,275,000

1754 Marseille Dr Miami Beach, FL 33141

Four-unit apartment building, Normandy Isle.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional four-unit apartment building presents a lucrative investment opportunity in the highly desirable Normandy Isle neighborhood of Miami Beach, Florida. Built in 1945, this two-story property boasts four updated one-bedroom units, each offering comfortable living spaces. Recent renovations ensure the property is in excellent condition and ready to generate immediate income. The building features attractive curb appeal and a sizable fenced yard, providing tenants with ample outdoor space. The strong rental income stream is further enhanced by the owner-paid water, while tenants are responsible for their own utilities. This translates to a streamlined management process and consistent cash flow. Located at 1754 Marseille Drive, Miami Beach, FL 33141, this property is conveniently situated within a sought-after area, ensuring high occupancy rates and strong tenant demand. All photos in the listing were taken within the last six months, accurately reflecting the current condition of the building. The asking price is $1,275,000. This is a rare opportunity to acquire a well-maintained, income-producing property in one of Miami Beach's most coveted locations. Don't miss out on this chance to add a valuable asset to your investment portfolio.

Highlights

  • $1,275,000 asking price.
  • Four-unit multifamily apartment building.
  • Located in desirable Normandy Island, Miami Beach, FL.
  • Features four updated 1-bedroom units.
  • Built in 1945, two stories.
  • Large fenced yard.

Property Details for 1754 Marseille Dr

Property type
Apartment buildings, Small apartment buildings
Year Built
1945
Stories
2
Units
4

Location Insight

City
Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.8528887
Longitude
-80.1389017

FAQs

What type of property is this?
Apartment building - Four-unit apartment building, Normandy Isle.
Where is the apartment building located?
The property is located at 1754 Marseille Dr Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: $1,275,000 asking price.; Four-unit multifamily apartment building.; Located in desirable Normandy Island, Miami Beach, FL.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1754 Marseille Dr
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