Condo in 1195 Marseille Drive 5, Miami Beach, FL 33141 for sale with MLS# A12003704

Discover a turnkey opportunity in the heart of Miami Beach-fully renovated and ready for immediate enjoyment or rental. Located on highly desirable Normandy Isle, this bright and spacious residence offers the perfect balance of lifestyle and investment, with estimated rental potential of approximately $1,900/month and flexible rental policies from day one.Thoughtfully updated with permits from the City of Miami Beach, the interior showcases ceramic tile flooring throughout with plank flooring in the bedroom, brand-new hurricane-impact windows, and smart A/C units controllable via smartphone. The redesigned kitchen features modern cabinetry, quartz countertops, and a farmhouse sink, while the bathroom has been tastefully renovated with clean, contemporary finishes. Additional upgrades include a new water heater, stylish rolling blinds, fresh paint, and ample pantry plus in-unit storage.Set within a charming Mediterranean-style waterfront building with deeded ocean access, residents enjoy a serene, residential setting while remaining just moments from the beach, dining, and everyday conveniences including Publix. The neighborhood offers a quiet, friendly atmosphere with excellent walkability to local shops and attractions.Whether you're seeking a primary residence, vacation retreat, or investment property, this move-in ready condo delivers comfort, convenience, and long-term value in one of Miami Beach's most accessible waterfront communities.

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1195 Marseille Drive 5, Miami Beach, FL 33141

Price
Price:
$185,000.00
Original List Price:
$195,000.00
List Price per Sq Ft (Calculated, Approx.):
$314.09
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Status Change
Last Major Update on:
August 3, 2026 2:33 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Separate Shower, Separate Tub, Combo Tub/shower, Bedroom On Entry Level
Dining Area:
Formal Dining, Kitchen Dining
Measures
Living Area:
589 Sqft
Built-Up Area:
589 Sqft
Property Features
View from the Property:
Garden
Waterfront:
Yes
Waterfront Features:
Ocean Access, Canal Front, No Fixed Bridge
Security:
Security Fence
Furnished:
Furnished
Appliances:
Refrigerator, Electric Range, Electric Water Heater
Interior:
Closet Cabinetry, Built-in Features, Bar
Exterior:
Courtyard
Patio and Porch:
Deck
Windows:
Blinds, Drapes, Rods
Air Conditioning
Air Conditioning System:
Ceiling Fan(s), Wall/window Unit(s)
Heating
Heating System:
Other
Fence:
Fenced
Property Entrance Faces:
West
Unit Description:
Garden Apartment
Storm Protection Impact Glass:
Complete
Construction
Year Built:
1946
Levels:
Two
Entry Level (floor):
1
Construction Materials:
CBS
Flooring:
Tile
Number of stories:
2
Number of Units in the Community or Building:
32
Stories:
1
Road Frontage Type:
East of US-1
Flood Zone Code:
AE
Property Condition:
Resale, Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$2,477.00
Tax Year:
2026
Association Fee:
$515.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
On Street
Utilities
Electric:
Circuit Breakers
Utilities Available:
Cable Available
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval, Association Approval Required
Association Type:
Homeowner Association, Condominium
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Courtesy Bus, Laundry
Subdivision Name:
Marseilles Condo
Association Fee Includes:
Maintenance Grounds, Sewer, Trash, Maintenance Structure, Common Areas, Insurance, Roof Repairs
Senior Community:
No
Restrictions:
Parking - No Truck, Dock Restrictions, Parking - No Trailer
Minimum Days per Lease:
30
Community Dock
Leasing Permitted
Leasing Permitted Details:
Okay To Lease, Okay To Lease During First Year
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
MARSEILLES CONDO UNIT 5 UNDIV 3.125% INT IN COMMON ELEMENTS OFF REC 10230-1904 OR 19471-1208 0101 1 COC 22576-1447 07 2004 1
Real Estate Folio Number (Parcel Number):
0232100310050
Public Schools Assigned
Elementary School:
North
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
May 4, 2026
Listing Agreement executed on:
May 4, 2026
Purchase Contract Date:
July 29, 2026
Price change occurred on:
July 21, 2026 7:16 pm
Listing Status Last Changed On:
August 3, 2026 2:33 pm
Photos updated on:
August 3, 2026 2:34 pm
Last Modified:
August 3, 2026 2:35 pm
Additional Information
Courtesy of:
Coldwell Banker Realty
Attribution:
Not provided
Location
Floor Number:
1
Street Name:
Marseille
Street Number:
1195
Unit Number:
5
City:
Miami Beach
State:
Florida
Zip Code:
33141
County:
Miami-Dade
Latitude:
N25° 51' 25''
Longitude:
W81° 52' 5.9''
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

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 35 Good
🫁 PM2.5 45 Good
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.