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Renovated 27-Unit Apartment Building
For Sale
Contact for pricing
Pending

925-965 MARSEILLE DRIVE, Miami Beach, FL 33141

Renovated rental property with one-bedroom units and updated interior and exterior finishes.

Property SizeContact for details
Days on Market147

Property Features for 925-965 MARSEILLE DRIVE

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 27 x 1BR
Multifamily Units 27
Listing Agency: CBRE - Fort Lauderdale
Listed By: Calum Weaver · License #FL 3057668
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 3 at 1:44AM

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 CBRE - Fort Lauderdale

Investment Insights

Based on property information with market context.

This renovated apartment property contains 27 one-bedroom units averaging 700 square feet. Improvements include ceramic tile flooring, refreshed kitchen cabinetry and countertops, updated air-conditioning systems, and renovated bathroom vanities and tile. Exterior work added hurricane-impact windows, a new gate, and enhanced landscaping.

The property is situated on Normandy Isle in Miami Beach. It is offered individually, with the source information also identifying an opportunity to acquire a combined 76 units in the surrounding area.

Key Highlights

  • 27 one‑bedroom units averaging 700 square feet
  • Renovated kitchens, bathrooms, flooring, and air‑conditioning systems
  • Hurricane‑impact windows installed as part of exterior improvements

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

27
Residential units

Location Intelligence

Trade Area within ½ mile

2,355
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 - Renovated rental property with one-bedroom units and updated interior and exterior finishes.
Where is this apartment building located?
The property is located at 925-965 MARSEILLE DRIVE Miami Beach, FL.
What are key features of this property?
This property features: 27 one‑bedroom units averaging 700 square feet; Renovated kitchens, bathrooms, flooring, and air‑conditioning systems; Hurricane‑impact windows installed as part of exterior improvements
More about this property
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