Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 781 sq ft
Active · Condominium
$209,900
1960 Marseille Dr 305, Miami Beach, FL 33141
- Beds
- 1
- Baths
- 1
- Living area
- 781 sq ft
- $ / sq ft
- $269/sq ft
- Year built
- 1979
- Lot size
- —
- HOA fee
- $784
- Annual tax
- —
About this property
Excellent opportunity to live or invest in the heart of Miami Beach. This well-maintained 1-bedroom, 1-bathroom unit features a spacious living area, walk-in closet, tile flooring, central A/C, and a large balcony, with a layout that allows for an easy conversion to a second bedroom or den. The building offers covered parking, guest parking, and on-site laundry. Prime location just minutes from the beach, Normandy Pool & Park, golf course, shops, and restaurants. Ideal as a primary residence, second home, or rental property. Easy to show with 24-hour notice.
Property location
Get Directions1960 Marseille Dr 305, Miami Beach, FL 33141
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1979
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $784
- County
- Miami-Dade
- MLS listing ID
- A11964825
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$449
- Cap rate
- 3.1%
- Net yield
- 3.1%
- Cash-on-cash return
- -9.2%
- Gross yield
- 11.3%
- Mortgage payment
- $995/mo
- Down payment
- $52,475
- Loan amount
- $157,425
- Annual NOI
- $6,551
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.