1925 Marseille Dr Miami Beach, FL 33141
Normandy Isle NeighborhoodEstimated payment $8,428/month
Highlights
- No HOA
- Tile Flooring
- 1-Story Property
- Cooling System Mounted To A Wall/Window
- No Heating
About This Home
Investment Opportunity – Fourplex in Normandy Isles, Miami Beach
Excellent value-add investment opportunity in the desirable Normandy Isles neighborhood of Miami Beach! This FOURPLEX features four 2-bedroom, 1-bathroom units, each with great layout potential. The property needs renovation, offering investors the chance to update and significantly increase rental income or resale value.
Located just minutes from the beach, Bal Harbour, South Beach, and Biscayne Elementary, this property sits in a high-demand rental area surrounded by shops, restaurants, and parks. Convenient access to major roads and Miami International Airport makes it attractive to both long-term and short-term tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,910
Year Built
- Built in 1949
Home Design
- Quadruplex
- Concrete Block And Stucco Construction
Interior Spaces
- 2,700 Sq Ft Home
- 1-Story Property
- Tile Flooring
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
Community Details
- No Home Owners Association
- 4 Units
- Isle Of Normandy Miami VI Condos
- Isle Of Normandy Miami VI Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-32-10-011-0130
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/11/2025 11/11/25 | For Sale | $1,350,000 | +28.6% | $500 / Sq Ft | |
| 03/08/2021 03/08/21 | Sold | $1,050,000 | +5.0% | $389 / Sq Ft | View Prior Sale |
| 11/27/2020 11/27/20 | For Sale | $1,000,000 | -4.8% | $370 / Sq Ft | |
| 11/26/2020 11/26/20 | Off Market | $1,050,000 | -- | -- | |
| 07/31/2020 07/31/20 | For Sale | $1,000,000 | +28.2% | $370 / Sq Ft | |
| 11/13/2017 11/13/17 | Sold | $780,000 | -8.1% | $289 / Sq Ft | View Prior Sale |
| 09/29/2017 09/29/17 | Pending | -- | -- | -- | |
| 06/12/2017 06/12/17 | Price Changed | $849,000 | -3.0% | $314 / Sq Ft | |
| 04/05/2017 04/05/17 | For Sale | $875,000 | +12.2% | $324 / Sq Ft | |
| 03/20/2017 03/20/17 | Off Market | $780,000 | -- | -- | |
| 06/17/2016 06/17/16 | For Sale | $875,000 | +76.8% | $324 / Sq Ft | |
| 03/09/2015 03/09/15 | Sold | $495,000 | -6.6% | $183 / Sq Ft | View Prior Sale |
| 01/01/2015 01/01/15 | Pending | -- | -- | -- | |
| 07/03/2014 07/03/14 | For Sale | $530,000 | -- | $196 / Sq Ft |
Source: MIAMI REALTORS® MLS
MLS Number: A11907523
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