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.
Fausto Commercial Realty Consultants Inc
Features & Details
Learn about the features and details of 1974 Marseille Dr
Property Details
Property Type
Vacant Land
Living Area
-
Year Built
Year Built
Lot Size
8,822 sqft
Stories
-
Annual Tax
$17,672.00
List Date
9/2/2025
Updated
9/3/2025
Last Checked
Recent
MLS Number
#A11871019
Brokerage
Fausto Commercial Realty Consultants Inc
Postal Code
33141
Area
Miami-Dade County
City
Miami Beach
Additional Property Features
Occupancy
Available
List Price
$2,100,000.00
Unit Number
-
Construction
Construction
Heating
Heating
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
No
Elevator
No
Locker
No
Swimming Pool
No
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2025
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
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Price history
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for 1974 Marseille Dr
$0
20.0%
$2,100,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$10,067
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Cash Flow Analysis
Mortgage Payment:
$10,067.36
Monthly Payment:
$11,540.03
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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Discover this impressive vacant land in the heart of Isle of Normandy Miami View, Miami Beach. Offered at $2,100,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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