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Renovated 8-Unit Apartment Building
For Sale
Contact for pricing

1248 Marseille Dr, Miami Beach, FL 33141

Recently updated interiors include modern finishes, high-end appliances, and generous living areas throughout the property.

Property SizeContact for details
Days on Market144

Property Features for 1248 Marseille Dr

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 8
Listing Agency: eXp Realty
Listed By: Eric Howell · License #NC 337049
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 5:44PM

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 eXp Realty

Investment Insights

Based on property information with market context.

This 8-unit apartment building at 1248 Marseille Dr in Miami Beach, Florida, features recently renovated interiors across the property. The residences include updated finishes, high-end appliances, and ample living space, providing a modernized setup for occupants.

The property is currently rented below market value, presenting an existing rental profile with room for increased income. Its Miami Beach location places the building near dining, shopping, nightlife, and beaches, as described for the surrounding area.

Key Highlights

  • 8‑unit apartment building in Miami Beach, Florida
  • Recently renovated interiors throughout the property
  • Each unit includes stylish finishes and high‑end appliances

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Butcher Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,886
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Recently updated interiors include modern finishes, high-end appliances, and generous living areas throughout the property.
Where is this apartment building located?
The property is located at 1248 Marseille Dr Miami Beach, FL.
What are key features of this property?
This property features: 8‑unit apartment building in Miami Beach, Florida; Recently renovated interiors throughout the property; Each unit includes stylish finishes and high‑end appliances
More about this property
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