1730 Marseille Drive, Miami Beach, FL 33141
$1,300,000 · Active
- 0 baths
- 2,792 sq ft
- Quadruplex
- Built 1946
- MLS# A12040315
- Isle Of Normandy Miami Vi
About this home
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. Investment Highlights – 1730 Marseilles Drive, Miami BeachThis four-unit multifamily property presents an excellent opportunity for investors seeking stable rental income in one of South Florida’s most desirable markets. The property consists of four 1-bedroom, 1-bathroom units and is ideally positioned in Miami Beach, providing convenient access to beaches, shopping, restaurants, parks, schools, public transportation, and major employment centers.Property Features:* Four 1-bedroom, 1-bathroom units.* Separate electric meters for each unit.* One unit currently vacant, offering flexibility for owner occupancy, market-rate leasing, or immediate improvements.* One unit recently renovated with a completely new bathroom.* Air conditioning systems updated over time, with units ranging from approximately 1 to 5 years old.* Single water meter.* Tenant-paid electricity.* Functional layout with strong rental appeal.Capital Improvements & Compliance:A major benefit of this property is that the 40-Year Recertification has already been completed. This represents a significant advantage for prospective buyers by reducing concerns related to near-term compliance requirements and major inspections.Location:The property is located in a well-established Miami Beach neighborhood with convenient access to:* South Beach* Bal Harbour* Surfside* Downtown Miami* Miami Design District* Wynwood* Miami International Airport* Major roadways and public transportationInvestment Potential:Miami Beach continues to experience strong demand for rental housing due to its location, employment opportunities, lifestyle amenities, and limited supply of multifamily properties. This asset offers investors the opportunity to benefit from current income while exploring future value-add opportunities through rent optimization and continued property improvements.Buyer Verification:All information provided is believed to be accurate but is not guaranteed. Buyers and their representatives are encouraged to independently verify all information, including but not limited to zoning, dimensions, operating expenses, rents, lease terms, recertification status, and any municipal requirements.
Schools
- Elementary: Treasure Island
- Middle: Miami Beach Nautilus
- High: Miami Beach
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Naim Real Estate LLC · Listing agent: Elba Carolina Diaz
Schedule a showing
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1730 Marseille Drive.
Questions About 1730 Marseille Drive
- How much is 1730 Marseille Drive?
- 1730 Marseille Drive is listed at $1,300,000, which is about $466 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 property taxes on 1730 Marseille Drive?
- The listing reports annual property taxes of $15,910 for 2024. 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 1730 Marseille Drive built?
- 1730 Marseille Drive was built in 1946 and the listing describes its condition as resale. 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 1730 Marseille Drive been on the market?
- 1730 Marseille Drive has been listed for 93 days. Days on market and price changes are the first signals of how much room there is to negotiate.
- Which schools serve 1730 Marseille Drive?
- 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.
- How do I see 1730 Marseille Drive?
- Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.
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The home at 1794 Normandy Drive, Miami Beach, FL 33141 is comparable and listed for sale at $1,375,000. Another comparable home, 8135 Crespi Boulevard, Miami Beach, FL 33141, sold for $1,565,000 in September 2026. Other Miami Beach neighborhoods include Palm Island and Belle Isle. Nearby ZIP codes include 33109 and 33139. This property also neighbors Bal Harbour, Sunny Isles Beach, and Miami. Compare it with the Miami Beach housing market report.