1791 Marseille Drive, Miami Beach, FL 33141 (MLS# A11987767)

1791 Marseille Drive, Miami Beach, FL 33141

$1,810,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11987767

Property Type: Residential Income Square Footage: 3,872 Status: Active

Current Price: $1,810,000 List Date: 3/23/2026 Last Modified: 6/23/2026

Overview

Description

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.

Listing Details MLS# A11987767

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 3872
Living Area Main: 3872
Year Built: 1945
Stories Total: 2
Pool Private YN: No
Parking Total: 0

Property Features

Documents Available: Investment Analysis Flooring: Ceramic Tile; Tile; Wood Property Condition: Resale Structure Type: Multi Family Construction Materials: CBS; Stucco Cooling: Central Air Heating: Central; Separate Meters Listing Terms: 1031 Exchange; Cash; Conventional Possession: Close Of Escrow Roof: Other Sewer: Public Sewer Utilities: Cable Available Showing Requirements: Call Listing Agent; Lockbox; Showing Service Unit 1 Parking Features: On Street Unit 2 Parking Features: On Street Unit 3 Parking Features: On Street Unit 4 Parking Features: On Street

Contract Information

Comp Sale YN: No
Original List Price: 2350000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1791
Street Name: Marseille
Street Suffix: Drive
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33141
Postal Code +4: 3536
Postal Zip: 33141
Subdivision Name: ISLE OF NORMANDY MIAMI VI
Area: 2320
Elementary School: Treasure Island
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Parcel Number: 0232100170360
Subdivision Number: 17
Zoning: 3900
Flood Zone: AE

Financial Information

Tax Annual Amount: 16992
Tax Year: 2025
Tax Legal Description: ISLE OF NORMANDY MIAMI VIEW SEC PART 2 PB 41-75 LOT 2 BLK 32 LOT SIZE 50.000 X 110 OR 20569-0060 07 2002 1

Status Change Information

Major Change Timestamp: 2026-06-23T20:30:32Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-06-23T20:30:32Z
Status Change Date: 2026-03-30

More Information

Income and Expenses

Gross Income: 8900

Unit 1 Details

Actual Rent: 2100
Baths Full: Yes
Efficiency YN: No
SqFt: 1000

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 2200
Baths Full: Yes
Efficiency YN: No
SqFt: 1000

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 2400
Baths Full: Yes
Efficiency YN: No
SqFt: 1000

Unit 3 Lease Description

Currently Leased YN: Yes

Unit 4 Details

Actual Rent: 2200
Baths Full: Yes
Efficiency YN: No

Unit 4 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 467.45

Section Details

Parcel Number MLX: 0360

Originating Details

Originating System Key: 445120815
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Ceramic Tile: Yes
Tile: Yes
Wood: Yes

Property Condition

Resale: Yes

Documents Available

Investment Analysis: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

CBS: Yes
Stucco: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Roof

Other: Yes

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes
Lockbox: Yes
Showing Service: Yes

Unit 1 Parking Features

On Street: Yes

Unit 2 Parking Features

On Street: Yes

Unit 3 Parking Features

On Street: Yes

Unit 4 Parking Features

On Street: Yes

Listing Office: Beachfront Realty Inc

Last Updated: June - 23 - 2026

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