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1730 Marseille Dr, Miami Beach FL 33141

Multi-family For Sale
$1,300,000

BTC: 20.27448534

ETH: 683.26115292

27 days
0 room(s)
2,792 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1946
Lot:
No Data
Heating:
None
Price/sqft:
$466
Cooling:
Electric / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,050,000
$499K – $1.3M
Confidence Low
List vs. estimate
$250K above estimate
List $1,300,000 · +23.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$465
+0.5% vs. city median $463
Based on
10 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $319K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,910
2024
All facts and features
  • Flooring

    • Ceramic Floor

    • Wood

    Heating

    • None

    Cooling

    • Electric

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 02-32-10-017-0200

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $15,910

  • Source details

    • MLS ID: A12040315

    Other facts

    • Construction Materials: Concrete Block With Brick / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 2792

    • Water Source: Municipal Water

    • Subdivision Name: ISLE OF NORMANDY MIAMI VI

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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Market around this address

Live counts in the same area.
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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: Naim Real Estate LLC