1120-1130 Marseille Drive, Miami Beach FL 33141

Closed

$3,300,000

Est. Payment $17,564/mo

MLS Sheet Video

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

Comparable homes

Same ZIP, similar price + bedrooms.

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

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).

6/9/2026Sold$3,300,000
7/12/2022Listed 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

1120-1130 Marseille Drive, Miami Beach FL 33141Directions

GreatSchools Summary Ratings

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

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$20,464/mo

Principal & Interest

$17,564

Property Tax

$2,750

Insurance

$150

HOA

$0

20% ($660,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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