1974 Marseille Drive Miami Beach, FL 33141

$1,990,000
0.20
Acres
$1,990,000
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Positioned on an 8,822 SF lot with a 1,968 SF existing building, this 4-unit property is already producing $4,400/m giving a developer in-place income to help offset holding costs while advancing plans and permits. The attached plans envision a boutique 5-story, 12-unit multifamily with ground-level parking (11 spaces) and typical floors of three 2-bed/1-bath residences—about 10,000 SF of living area across levels 2–5. Walkable to Normandy Isle Park & Pool and a short hop to Normandy Shores Golf Club—amenities that help lease quickly. Daily convenience via trolley to Collins Ave and Town Center, plus easy causeway access for commuters—broadening your renter pool beyond beach workers to mainland employment centers. **Request the full OM, plan set, and pro forma or schedule a site tour.

Positioned on an 8,822 SF lot with a 1,968 SF existing building, this 4-unit property is already producing $4,400/m giving a developer in-place income to help offset holding costs while advancing plans and permits. The attached plans envision a boutique 5-story, 12-unit multifamily with ground-level parking (11 spaces) and typical floors of three 2-bed/1-bath residences—about 10,000 SF of living area across levels 2–5. Walkable to Normandy Isle Park & Pool and a short hop to Normandy Shores Golf Club—amenities that help lease quickly. Daily convenience via trolley to Collins Ave and Town Center, plus easy causeway access for commuters—broadening your renter pool beyond beach workers to mainland employment centers. **Request the full OM, plan set, and pro forma or schedule a site tour.

  • Neighborhood
  • Type
  • County
    Miami-Dade County
  • Area
    Isle Of Normandy Miami Vi
  • Tax Amount
    $17,672
  • Status
    Active
  • Listing #
    A11871019
  • Lot Size
    0.20
  • Listed on site
    275 days
  • Listing Agent Id
    3254982
  • Listing Agent Phone
    305-340-8901

Listed by:
Fausto Commercial Realty Consultants Inc

Source:
MIAMI MLS

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Property details

Community Features

  • No HOA

Property History

DateDays AgoEventNew Price
Dec 16, 20256 mos agoPrice decreased10,000 (1%)$1,990,000
Nov 14, 20257 mos agoPrice decreased100,000 (5%)$2,000,000
Sep 2, 20259 mos agoNew on market$2,100,000
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