1120-1130 Marseille Drive, Miami Beach FL 33141
$3,300,000
Est. Payment $17,564/mo
1955
Year Built
2
Stories
80
Days on Market
Description
The property is a 16 living units multifamily comprised of 2 buildings located in the heart of Biscayne Bay on the Normandy Islands in Miami Beach, FL. Minutes to A1A providing unparalleled accessibility throughout the Miami MSA. Property is being sold VACANT and AS IS. Great opportunity to acquire a promising asset in a prime location with market rent income of $35K monthly for long-term retention strategy. Area amenities include Normandy Shores Golf Course, Normandy Isle Park and Pool, and a bustling downtown area with busy local shops and restaurants. La propiedad es una multifamiliar de 16 unidades compuesta por 2 edificios ubicados en el corazón de Biscayne Bay en las Islas de Normandía en Miami Beach, FL. Minutos a A1A que brindan una accesibilidad incomparable en todo el MSA de Miami. La propiedad se vende VACANTE y TAL CUAL. Gran oportunidad de adquirir un activo prometedor en una ubicación privilegiada con ingresos potenciales de $35K mensuales para la estrategia de retención a largo plazo. Las comodidades del área incluyen el campo de golf Normandy Shores, el parque y la piscina de Normandy Isle y un bullicioso centro de la ciudad con concurridas tiendas y restaurantes locales.
Facts
- MLS#
- F10339462
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Multi Family
- Year Built
- 1955
- Lot Size
- 13,883 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 80 days
- Listed
- Jul 12, 2022
- Last Updated
- Jun 9, 2026
- Price/Lot Sq.Ft.
- $238/ft²
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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
44
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).
| 6/9/2026 | Sold | $3,300,000 |
| 7/12/2022 | Listed for sale | $3,300,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Miami-Dade Online Academy- Virtual Instruction ProgramKG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
College and Careers9,10,11,12 · public · 0.4 mi
District Instructional Center (Dic)KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
District Summer Center CKG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
District Summer Center DKG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
District Summer Center EKG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
District Summer Center GKG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
District Summer Center HKG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
District Summer Center LKG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
Esy Summer CenterPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
Estimated Monthly Payment
$20,464/mo
Principal & Interest
$17,564
Property Tax
$2,750
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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