Naim Real Estate LLC
Listed by Naim Real Estate LLC
$1,300,000
ISLE OF NORMANDY MIAMI VI
Details
APN 02-32-10-017-0200
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,792
Units 4
Year Built 1946
Stories 2
Zoning 3900
Multifamily | 4 Units
Marketing description
Excellent investment opportunity in the heart of Miami Beach. This four-unit multifamily property is located at 1730 Marseilles Drive and consists of four 1-bedroom, 1-bathroom apartments with separate electric meters and strong rental demand in the area. One unit has been recently updated with a brand-new bathroom, while the property has been maintained over the years with A/C units ranging from approximately 1 to 5 years old.
A significant benefit for investors is that the property has already completed its 40-Year Recertification, providing added peace of mind and reducing concerns about major compliance requirements.
Ideally situated near beaches, shopping, dining, parks, schools, major roadways, and public transportation, this property offers convenience for tenants and long-term upside for investors. The building features a functional layout, on-site parking, and a desirable location within one of South Florida’s most established rental markets.
Whether you are looking to expand your portfolio, complete a 1031 exchange, or acquire a value-add asset with income potential, this property presents an attractive opportunity in Miami Beach. Centrally located with easy access to Downtown Miami, South Beach, Bal Harbour, and Miami International Airport. Multifamily opportunities in this area are limited, making this a compelling option for investors seeking stable demand and future appreciation potential.
Listing Contacts
Naim Real Estate LLC
Listed by Naim Real Estate LLC
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Zoning
RM-1 ResidentialMulti FamilyResidential Multifamily Low Intensity
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View all 29 uses
View all 29 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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