Quadruplex in 1791 Marseille Drive, Miami Beach, FL 33141 for sale with MLS# A11987767

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.

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1791 Marseille Drive, Miami Beach, FL 33141

Price
Price:
$1,810,000.00
Original List Price:
$2,350,000.00
List Price per Sq Ft (Calculated, Approx.):
$467.45
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
Price Reduced
Last Major Update on:
June 23, 2026 8:30 pm
Measures
Living Area:
3,872 Sqft
Built-Up Area:
3,872 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central, Separate Meters
Construction
Year Built:
1945
Roof:
Other
Number of Units Total:
4
Levels:
Two
Construction Materials:
Stucco, CBS
Flooring:
Tile, Wood, Ceramic Tile
Number of stories:
2
Structure Type:
Multi Family
Number of Units in the Community or Building:
4
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$16,992.00
Tax Year:
2025
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
ISLE OF NORMANDY MIAMI VI
Senior Community:
No
Terms
Documents Available:
Investment Analysis
Listing Terms Considered by Seller:
Cash, Conventional, 1031 Exchange
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
ISLE OF NORMANDY MIAMI VIEW SEC PART 2 PB 41-75 LOT 2 BLK 32 LOT SIZE 50.000 X 110 OR 20569-0060 07 2002 1
Real Estate Folio Number (Parcel Number):
0232100170360
Zoning:
3900
Public Schools Assigned
Elementary School:
Sallie Jones Elementary
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
March 23, 2026
Listing Agreement executed on:
March 23, 2026
Price change occurred on:
June 23, 2026 8:30 pm
Listing Status Last Changed On:
March 23, 2026 4:00 am
Photos updated on:
June 23, 2026 7:33 pm
Last Modified:
October 8, 2026 5:56 pm
Additional Information
Courtesy of:
Beachfront Realty Inc
Attribution:
Not provided
Location
Street Name:
Marseille
Street Number:
1791
City:
Miami Beach
State:
Florida
Zip Code:
33141
County:
Miami-Dade
Latitude:
N25° 51' 12.1''
Longitude:
W81° 51' 36.9''
Street Suffix:
Drive
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $64,457
Median Home Value $434,500
Median Rent $1,739/mo
Median Age 45
Population 36,016
Ver la Propiedad Ver la propiedad 1791 Marseille Drive, Miami Beach, FL 33141
Association of REALTORS®
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