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1195 Marseille Dr # 5, Miami Beach FL 33141

Condo/Co-op For Sale
$195,000

BTC: 3.04687500

ETH: 111.68384880

30 days
Waterfront
1 bds
1 ba
589 sqft

Overview

Discover a turnkey opportunity in the heart of Miami Beach—fully renovated and ready for immediate enjoyment or rental. Located on highly desirable Normandy Isle, this bright and spacious residence offers the perfect balance of lifestyle and investment, with estimated rental potential of approximately $1,900/month and flexible rental policies from day one. Thoughtfully updated with permits from the City of Miami Beach, the interior showcases ceramic tile flooring throughout with plank flooring in the bedroom, brand-new hurricane-impact windows, and smart A/C units controllable via smartphone. The redesigned kitchen features modern cabinetry, quartz countertops, and a farmhouse sink, while the bathroom has been tastefully renovated with clean, contemporary finishes. Additional upgrades include a new water heater, stylish rolling blinds, fresh paint, and ample pantry plus in-unit storage. Set within a charming Mediterranean-style waterfront building with deeded ocean access, residents enjoy a serene, residential setting while remaining just moments from the beach, dining, and everyday conveniences including Publix. The neighborhood offers a quiet, friendly atmosphere with excellent walkability to local shops and attractions. Whether you’re seeking a primary residence, vacation retreat, or investment property, this move-in ready condo delivers comfort, convenience, and long-term value in one of Miami Beach’s most accessible waterfront communities.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / On Street / No Rv/Boats / No Trucks/Trailers
Year Built:
1946
Lot:
No Data
Heating:
Other
Price/sqft:
$331
Cooling:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
$515

Valuation

Our model vs. what's actually selling nearby.
Estimate
$195,500
$146K – $270K
Confidence Low
List vs. estimate
At estimate
List $195,000 · -0.3%
List is in line with recent comparable activity.
Price per sq ft
$331
-44.5% vs. city median $596
Based on
114 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $509K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,477
2026
HOA
$515/mo
View
Garden View
Waterfront
Canal Width 81-120 Feet, Ocean Access
Furnished
Furnished,Turn Key Furnished
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Tile

    Heating

    • Other

    Cooling

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

    Appliances

    • Electric Water Heater

    • Electric Range

    • Refrigerator

    Other interior features

    • First Floor Entry

    • Bar

    • Built-in Features

    • Closet Cabinetry

    • No Additional Rooms

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 2 Or More Spaces

    • On Street

    • No Rv/Boats

    • No Trucks/Trailers

    Property

    • Levels: 1

    • Exterior Features: East Of Us1 / Courtyard

    Other Property Information

    • Parcel Number: 02-32-10-031-0050

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $515

    • HOA Frequency: Monthly

    • Annual tax amount: $2,477

  • Source details

    • MLS ID: A12003704

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Common Area

    • Patio And Porch Features: Deck

    • Window Features: Complete Impact Glass / Blinds / Drapes / High Impact Windows

    • Direction Faces: West

    • Architectural Style: Garden Apartment

    • Waterfront: Yes

    • Living Area: 589

    • Subdivision Name: Marseilles Condo

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty