Waterfront Apartment Building
For Sale
Contact for pricing
1239 Marseille Dr, Miami Beach, FL 33141
Six waterfront buildings contain a mix of one-, two-, and three-bedroom residences.
Property SizeContact for details
Lot Size1.53 Acres
Days on Market142
Property Features for 1239 Marseille Dr
General Information
Standard status
Active
Lot size
1.53 Acres
Property subtype
Multifamily
Additional Details
Road Access
Yes
Multifamily Units
50
Amenities
boat dock
pool
Building Details
Buildings
6
Listing Agency:
Wesley Commercial
(786) 433-5383
Listed By:
Sean Old · License #3430970
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 7:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wesley Commercial
Investment Insights
Based on property information with market context.
This apartment property comprises six waterfront condominium buildings constructed between 1948 and 1954, with 50 residential units spanning one-, two-, and three-bedroom layouts. The improvements occupy approximately 1.53 acres along the Normandy Waterway and include an existing boat dock, swimming pool, and landscaped grounds. The waterway connects to the Intracoastal Waterway and the property has more than 650 feet of water frontage.
The asset is located at 1239-1289 Marseille Drive in Normandy Isle, within Miami Beach’s Normandy Isles Historic District. It is a contributing structure in the district and may qualify for federal and state historic preservation incentives. Normandy Drive and 71st Street provide the island’s central route and one of five bridge connections between mainland Miami and Miami Beach. The property is near shopping, dining, entertainment, and other points of interest in the surrounding area.
The asset is located at 1239-1289 Marseille Drive in Normandy Isle, within Miami Beach’s Normandy Isles Historic District. It is a contributing structure in the district and may qualify for federal and state historic preservation incentives. Normandy Drive and 71st Street provide the island’s central route and one of five bridge connections between mainland Miami and Miami Beach. The property is near shopping, dining, entertainment, and other points of interest in the surrounding area.
Key Highlights
- 50 residential units across six waterfront buildings
- Approximately 1.53‑acre parcel along the Normandy Waterway
- More than 650 feet of water frontage with Intracoastal Waterway access
Property Analytics
Current Use
Lease Details
50
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,886
Businesses Nearby
Explore this area
Business Placement
Demographics for 33141, FL
35,995
Population
21,793
Households
1.7
Avg Household Size
44
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
15,650
Density / Sq Mi
$64,457
Median Household Income
$36,899
Median Earnings
$1,739
Median Rent
$434,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Six waterfront buildings contain a mix of one-, two-, and three-bedroom residences.
Where is this apartment building located?
The property is located at 1239 Marseille Dr Miami Beach, FL.
What are key features of this property?
This property features: 50 residential units across six waterfront buildings; Approximately 1.53‑acre parcel along the Normandy Waterway; More than 650 feet of water frontage with Intracoastal Waterway access
