NOT LISTED FOR SALE

1945 Marseille Dr Unit 1-4 Miami Beach, FL 33141

Normandy Isle Neighborhood

Estimated Value: $989,000 - $1,428,199

4 Beds
4 Baths
2,926 Sq Ft
$441/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $1,350,000 $461 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,407/month

37 Days on Market

About This Home

As of November 2022

Amazing fourplex located in Miami Beach! Renovation completed with permits. Each apartment is 1 bed/1 bath rent is $2000/m Owner has verbally permission from the City of Miami Beach to add another 4 studios (Buyer will need to submit plans) Showing by appointment only

Last Agent to Sell the Property

Hagai Levi

Hagat Management Realty FL License #3410710 Listed on: 10/23/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 1945

Lot Details

  • 5,500 Sq Ft Lot
  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,926 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-10-011-0100

Community Details

Overview

  • 4 Units
  • Isle Of Normandy Miami Vi Subdivision

Building Details

  • Operating Expense $76,000
  • Net Operating Income $20,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,000

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1945
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2926.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Other
  • Heating: Other
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 02-32-10-011-0100
  • Lot Size Sq Ft: 5500.0
  • Zoning Description: 3900/MUL
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 20000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 76000.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2022
Closed on
Nov 29, 2022
Sold by
Lhz Holding Llc
Bought by
Delbosque Jesus Flores
Seller's Agent
Hagai Levi
Hagat Management Realty FL
List Price
$1,350,000
Sold Price
$1,350,000
Views
15
Current Estimated Value
$1,290,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,450
Avg. Annual Appreciation
-1.69%
Original Mortgage
$1,080,000
Outstanding Balance
$1,049,737
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$240,813
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Delbosque Jesus Flores $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delbosque Jesus Flores $1,080,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $1,350,000 0.0% $461 / Sq Ft
10/23/2022 10/23/22 For Sale $1,350,000 -- $461 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,112 $859,333 -- --
2024 $13,420 $781,212 -- --
2023 $13,420 $710,193 $550,000 $160,193
2022 $12,586 $662,899 $0 $0
2021 $12,069 $602,636 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Hagai Levi

    Hagat Management Realty FL

    (718) 813-1142

    1 in this area

    3 Total Sales

    Hagai Levi
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10840798

BeachesMLS

APN: 02-3210-011-0100

Florida Miami/Dade County Miami Beach 33141 Normandy Isle

1945 Marseille Dr Unit 1-4, Miami Beach, FL

This home is located at 1945 Marseille Dr Unit 1-4, Miami Beach, FL 33141 since 23 October 2022 and is currently estimated at $1,290,550, approximately $441 per square foot. This property was built in 1945. 1945 Marseille Dr Unit 1-4 is a home located in Miami-Dade County with nearby schools including Treasure Island Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes