Interior
- Bathrooms
- 0
- Living area
- 3,872 sq ft
- Flooring
- Ceramic Tile, Hardwood, Tile, Wood
- Cooling
- Central Air
- Heating
- Central
Active · Quadruplex
$1,810,000
1791 Marseille Dr, Miami Beach, FL 33141
- Beds
- —
- Baths
- 0
- Living area
- 3,872 sq ft
- $ / sq ft
- $467/sq ft
- Year built
- 1945
- Lot size
- —
- HOA fee
- —
- Annual tax
- $16,992
About this property
Prime 4-unit multifamily opportunity in the heart of Normandy Isles. This well-maintained property features four spacious 2BD/1BA units totaling approximately 3,872 SF, offering strong income potential and significant upside. Ideal for investors seeking value-add with below market rents and the ability to increase cash flow. Situated on a 5,500 SF lot with RM-1 zoning, allowing for long-term appreciation and flexibility. Centrally located just minutes from the beach, Normandy Fountain, shops, and dining. Rare Miami Beach multifamily opportunity with solid fundamentals and future growth potential.
Property location
Get Directions1791 Marseille Dr, Miami Beach, FL 33141
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Quadruplex
- Year built
- 1945
- Architectural style
- Fourplex
- Roof
- Other
- Construction
- CBSConcrete Block Structure, Block, Stucco
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $16,992
- Subdivision
- ISLE OF NORMANDY MIAMI VI
- County
- Miami-Dade
- Days on market
- 92
- MLS listing ID
- A11987767
- Listing status
- Active
Virtual tour
Explore 3D / Virtual TourInvestment 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
-$300
- Cap rate
- 5.5%
- Net yield
- 5.5%
- Cash-on-cash return
- -0.7%
- Gross yield
- 7.9%
- Mortgage payment
- $8,580/mo
- Down payment
- $452,500
- Loan amount
- $1,357,500
- Annual NOI
- $99,366
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.