1754 Marseille Dr Miami Beach, FL 33141
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.