Price Reduced 5.24%
Price History
$2,100,000
9/2/2025
$2,000,000
11/14/2025
$1,990,000
12/16/2025
1974 Marseille Dr, Miami Beach, FL, 33141
Positioned on an 8,822 SF lot with a 1,968 SF existing building, this 4-unit property is already producing $4,400/m giving a developer in-place income to help offset holding costs while advancing plans and permits. The attached plans envision a boutique 5-story, 12-unit multifamily with ground-level parking (11 spaces) and typical floors of three 2-bed/1-bath residences—about 10,000 SF of living area across levels 2–5. Walkable to Normandy Isle Park & Pool and a short hop to Normandy Shores Golf Club—amenities that help lease quickly. Daily convenience via trolley to Collins Ave and Town Center, plus easy causeway access for commuters—broadening your renter pool beyond beach workers to mainland employment centers. **Request the full OM, plan set, and pro forma or schedule a site tour.
Status:
Active
Type:
Land (Other)
Zoning:
3900
Subdivision:
ISLE OF NORMANDY MIAMI VI
Acreage:
0.2
Est. Taxes:
$17,672
Lot Description:
< 1/4 Acre
Days on Market:
105
MLS #:
A11871019
Community Info
School Info
Walk Score
Yelp
Listing courtesy of Fausto Commercial Realty Consultants Inc 786-748-7373