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    Property profile & analytics

    1211 Marseille Dr Miami Beach, FL 33141-2815

    • Office buildings
    • 5,778 SF
    • 0.70 lot acres
    OFF-MARKET
    Value Estimation
    $3,440,000
    Last Sale
    Sep 04, 2024
    $3,400,000
    Location Intelligence
    Property ID
    US18-8518886
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 1211 Marseille Dr

    Year built
    1954
    Construction
    CONCRETE
    Lot size
    0.70 lot acres
    Property size
    5,778 SF
    Zone code
    3900:MULTI-FAM,38-62 U/A
    Property type
    Office buildings
    APN
    02-3210-012-0080
    APU
    232100120080

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,400,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,280,000
      6.5%
      $3,565,000
      7%
      $3,695,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,005,000
      Geo Method
      $3,635,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,245,000
      Retail
      $3,005,000
      Mixed-Use
      $3,400,000
      Hospitality
      $3,510,000
      Educational
      $3,850,000
      Residential Income
      $3,785,000
      Energy
      $2,925,000
      Income-Based Land
      $3,475,000
      Food Service
      $3,185,000

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.132
    Latitude
    25.8569
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $56,231
    $3,022,425
    $291,731
    $3,314,156
    -
    $3,022,425
    $291,731
    $3,314,156

    Comparable in this City

    • Value Estimation
      $13,805,000
      75,295 SF

      1400 79th St Cswy

      OFFICE BUILDING (MULTI-STORY) • 75,295 SF
      1400 79th St Cswy, North Bay Village, FL 33141-4130
      View Details
    • Value Estimation
      $380,000
      2,086 SF

      1137 71st St

      PROFESSIONAL BUILDING • 2,086 SF
      1137 71st St, Miami Beach, FL 33141-3674
      View Details
    • Value Estimation
      $345,000
      1,004 SF

      1171 71st St

      OFFICE BUILDING • 1,004 SF
      1171 71st St, Miami Beach, FL 33141-3645
      View Details
    • Value Estimation
      $430,000
      1,570 SF

      7915 Hawthorne Ave

      OFFICE BUILDING • 1,570 SF
      7915 Hawthorne Ave, Miami Beach, FL 33141-1003
      View Details
    • Value Estimation by Request
      3,476 SF

      1185 71st St

      OFFICE BUILDING • 3,476 SF
      1185 71st St, Miami Beach, FL 33141-3645
      View Details
    • Value Estimation by Request
      13,130 SF

      7449 Collins Ave

      OFFICE BUILDING (MULTI-STORY) • 13,130 SF
      7449 Collins Ave, Miami Beach, FL 33141-2713
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Prime retail space with high visibility near the beach.
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      Office leases available in North Beach with options to renew.
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      Miami Beach Retail/Office Space

      Retail/office space on a bustling thoroughfare with development potential.
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      Prime Miami Beach Storefront

      Collins Ave Beauty Salon - $110K
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    Similar Nearby for Lease

    • $37,000

      Miami Beach Office with Terrace

      Sophisticated office space with high ceilings and outdoor terrace.
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    • $2,859 /Mo

      Miami Beach Office Space For Lease

      Office spaces available in North Beach with flexible lease terms.
      6936 Collins Ave, Miami Beach, FL 33141
      View Details
    • $1,500 /Mo

      North Beach Shared Office Solution

      Short-term shared office spaces in North Beach, available for lease.
      6930 Collins Ave, Miami Beach, FL 33141
      View Details
    • $45 SF/Yr
      926 SF

      702 71st St: Prime Corner Unit

      Move-in ready office/retail space. High visibility, 926 sq ft.
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      View Details
    • $8,000 /Mo

      Miami Beach Office Space For Lease

      Office spaces available in North Beach with flexible configurations.
      6930 Collins Ave, Miami Beach, FL 33141
      View Details
    • $39 SF/Yr
      200 SF

      Prime Collins Ave Office Suite

      Miami Beach Office Space - $650/Month
      7314 Collins Ave, Miami Beach, FL 33141
      View Details
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    Miami Beach, FL 33141-2815
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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