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Property profile & analytics
OFF-MARKET
Small apartment buildings

1754 Marseille Dr Miami Beach, FL 33141

Built 1945
Property ID
US19-0627680
Property summary
AI-generated overview

This exceptional four-unit apartment building presents a lucrative investment opportunity in the highly desirable Normandy Isle neighborhood of Miami Beach, Florida. Built in 1945, this two-story property boasts four updated one-bedroom units, each offering comfortable living spaces. Recent renovations ensure the property is in excellent condition and ready to generate immediate income. The building features attractive curb appeal and a sizable fenced yard, providing tenants with ample outdoor space. The strong rental income stream is further enhanced by the owner-paid water, while tenants are responsible for their own utilities. This translates to a streamlined management process and consistent cash flow. Located at 1754 Marseille Drive, Miami Beach, FL 33141, this property is conveniently situated within a sought-after area, ensuring high occupancy rates and strong tenant demand. All photos in the listing were taken within the last six months, accurately reflecting the current condition of the building. The asking price is $1,275,000. This is a rare opportunity to acquire a well-maintained, income-producing property in one of Miami Beach's most coveted locations. Don't miss out on this chance to add a valuable asset to your investment portfolio.

Property profile
Verified
Property type Small apartment buildings
Year built 1945
UPID US19-0627680
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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