ISLE OF NORMANDY MIAMI VI

1791 Marseille Dr, Miami Beach FL 33141

3,872 ft²

For Sale · Active Listing

$1,810,000

22.98%

Est. Payment $9,634/mo

MLS Sheet Video

3,872

Sq. Ft.

1945

Year Built

Stories

Days on Market

Description

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.

Facts

MLS#: A11987767
Subdivision: ISLE OF NORMANDY MIAMI VI
Property Type: Residential Income
Property Sub Type: Quadruplex
Year Built: 1945
Lot Size: 0 sqft
Sq. Ft.: 3,872 ft²
Sq. Mt.: 360 m²
Price per sq. ft.: $467/ft²
Price per sq. mt.: $5,028/m²
Stories: 2
Garage: —
Pool: —
Days on Market: 92 days
Listed: Mar 23, 2026
Last Updated: Jun 23, 2026
Price/Lot Sq.Ft.: —

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Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/23/2026	Price change	$1,810,000-23.0%
3/23/2026	Listed for sale	$2,350,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1791 Marseille Dr, Miami Beach FL 33141Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Morningside Academy
PK,KG,1,2,3,4,5,6,7,8 · private · 0.4 mi
Southport Middle School
6,7,8 · public · 0.6 mi
Morningside Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
Village Green Environmental Studies School
PK,KG,1,2,3,4,5 · public · 1.5 mi
Morningside Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.6 mi
Floresta Elementary School
PK,KG,1,2,3,4,5 · public · 1.8 mi
Christ Lutheran School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.8 mi
Heritage Christian School
PK,KG,1,2,3,4,5,6,7,8,9,10,11 · private · 1.9 mi
Foundations Academy of Port Saint Lucie
PK,KG,1,2 · oosle · 2.1 mi
Mariposa Elementary School
PK,KG,1,2,3,4,5 · public · 2.2 mi

Estimated Monthly Payment

$11,292/mo

Principal & Interest

$9,634

Property Tax

$1,508

Insurance

$150

HOA

Down Payment20% ($362,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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