1730 Marseille Dr, Miami Beach, 33141

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.

Basic Information

MLS #:

A12040315

Year Built:

1946

Type:

Quadruplex

Status:

Active

Date Listed:

06/22/2026

Subdivision / Complex:

ISLE OF NORMANDY MIAMI VI

Days On Market:

36

Interior Features

Adjusted Sqft:

2,792 Sq.Ft

Cooling Description:

Electric, Wall/Window Unit(s)

Heating Description:

None

Floor Description:

Ceramic Floor, Wood

Total Building Area:

2,792 Sq.Ft

Property Features

Architectural Style:

Detached

City:

Miami Beach

Construction Materials:

Concrete Block With Brick, CBS Construction

County:

Miami-Dade County

Listing Terms:

All Cash, Conventional

Lot Features:

Less Than 1/4 Acre Lot

Roof:

Composition Roll

Sewer Description:

Public Sewer

Stories:

2

Subdivision Info:

ISLE OF NORMANDY MIAMI VI

Tax Amount:

$15,910

Tax Year:

2024

Tax Legal Description:

ISLE OF NORMANDY MIAMI VIEW SEC PART 2 PB 41-75 LOT 10 BLK 31 LOT SIZE 52.300 X 125 OR 20397-4189 04 2002 1

Type of Property:

Quadruplex

Waterfront:

No

Water Source:

Municipal Water

Year Built Details:

Resale

Zoning:

3900