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1791 Marseille Dr, Miami Beach FL 33141

Multi-family For Sale
$2,350,000

BTC: 36.71875000

ETH: 1,305.55555556

65 days
0 room(s)
3,872 sqft

Overview

Prime 4-unit multifamily opportunity in the heart of Normandy Isles. This well-maintained property features four spacious 2BD/1BA units totaling approximately 3,872 SF, offering strong income potential and significant upside. Ideal for investors seeking value-add with below market rents and the ability to increase cash flow. Situated on a 5,500 SF lot with RM-1 zoning, allowing for long-term appreciation and flexibility. Centrally located just minutes from the beach, Normandy Fountain, shops, and dining. Rare Miami Beach multifamily opportunity with solid fundamentals and future growth potential.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1945
Lot:
No Data
Heating:
Central
Price/sqft:
$607
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,399,000
$889K – $2.2M
Confidence Low
List vs. estimate
$951K above estimate
List $2,350,000 · +68.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$606
+33.5% vs. city median $454
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.2M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,992
2025
All facts and features
  • Flooring

    • Ceramic Floor

    • Tile

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 02-32-10-017-0360

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $16,992

  • Source details

    • MLS ID: A11987767

    Other facts

    • Construction Materials: CBS Construction / Stucco

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached / Old Spanish / Other

    • Living Area: 3872

    • 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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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: Beachfront Realty Inc