1195 Marseille Drive 5, Miami Beach, FL 33141

$185,000 · Closed

  • 1 bed
  • 1 bath
  • 589 sq ft
  • Condominium
  • Built 1946
  • HOA $515/mo
  • MLS# A12003704
  • Marseilles Condo
Photo 1 at 1195 Marseille Drive 5, Miami Beach

About this home

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.

Features

Schools

  • Elementary: Treasure Island
  • Middle: Miami Beach Nautilus
  • High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Coldwell Banker Realty · Listing agent: Jason Ryne Turner

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1195 Marseille Drive 5.

Questions About 1195 Marseille Drive 5

How much is 1195 Marseille Drive 5?
1195 Marseille Drive 5 is listed at $185,000, which is about $314 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 1195 Marseille Drive 5?
The listing reports an association fee of $515 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 1195 Marseille Drive 5?
The listing reports annual property taxes of $2,477 for 2026. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 1195 Marseille Drive 5 built?
1195 Marseille Drive 5 was built in 1946 and the listing describes its condition as resale updated/remodeled. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 1195 Marseille Drive 5 been on the market?
1195 Marseille Drive 5 has been listed for 86 days, and the asking price has been reduced from $195,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 1195 Marseille Drive 5 waterfront?
Yes. The listing describes the water as no fixed bridge ocean access canal front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 1195 Marseille Drive 5?
The MLS lists Treasure Island (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

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The 1 bedroom condo at 7441 Wayne Avenue 2O, Miami Beach, FL 33141 is comparable and listed for sale at $204,500. Another comparable condo, 1201 Marseille Drive 17, Miami Beach, FL 33141, sold for $220,000 in September 2026. Other Miami Beach neighborhoods include Bayshore and Altos del Mar. Nearby ZIP codes include 33109 and 33139. This property also neighbors Bal Harbour, Sunny Isles Beach, and Aventura. Compare it with the Miami Beach housing market report.