- MLS® #: A11871019
- 1974 Marseille Drive
- Miami Beach, FL 33141
- $1,990,000
- 0.20 Acres
- Land
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. Why this site works for developersIncome during entitlement — $4,400/mo across 4 units reduces carry while you finalize approvals, line up GC bids, and prepare your construction loan package.Efficient unit mix — All proposed homes are 2 bed / 1 bath, a proven layout for strong absorption and attainable rents in this submarket—ideal for workforce-oriented, long-term hold strategies.Parking solved — 11 on-site spaces at the ground level streamline lease-up and reduce friction for residents and lenders alike. Right-sized scale — A 12-unit program offers operational simplicity, lower HOA/management complexity, and exit flexibility (sell as stabilized core-plus or refi and hold).Neighborhood fundamentals — Miami Beach’s North Beach/Normandy Isles precinct draws steady demand from renters seeking beach-adjacent living with everyday conveniences and quick causeway access to mainland employment corridors.
View Virtual TourEssential Information
- MLS® #A11871019
- Price$1,990,000
- CAD Dollar$2,824,706
- UK Pound£1,507,861
- Euro€1,746,822
- Acres0.20
- TypeLand
- Sub-TypeUnimproved Land
- StatusActive
- HOPANo Hopa
Community Information
- Address1974 Marseille Drive
- Area2420
- SubdivisionISLE OF NORMANDY MIAMI VI
- CityMiami Beach
- CountyMiami-Dade
- StateFL
- Zip Code33141
Exterior
- Lot DescriptionOther
- Office: Fausto Commercial Realty Consultants Inc
Property Location
1974 Marseille Drive on www.jupiteroceanfronthomes.us
Offered at the current list price of $1,990,000, this home for sale at 1974 Marseille Drive features bedrooms and 0 bathrooms. This real estate listing is located in ISLE OF NORMANDY MIAMI VI of Miami Beach, FL 33141 . 1974 Marseille Drive is listed under the MLS ID of A11871019 and has been available through www.jupiteroceanfronthomes.us for the Miami Beach real estate market for 298 days.Facts About Miami Beach, FL
Over the past 20 years, no American beach has generated as much buzz as the one that hugs Ocean Drive in Miami Beach. Fringed with palms, backed by Art Deco architecture and pulsating with urban energy, South Beach is the place to stretch out.
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Listing information last updated on June 27th, 2026 at 9:50pm CDT.