924 Marseille Dr

$5,200,000

924 Marseille Dr Normandy Isle

9

Home61's Closings in

Normandy Isle

Amenities

Air Conditioning
N/A
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$ /sqft
-
Half Bath/WC
-
Parking Space
0
Building
-
On market
28 days
$ /sqft
-
Type
other
Year Built
1926
Unit
-
Zip Code
33141
Ref./MLS ID
A11601414

DESCRIPTION

Ocean 18 lofts (924 marseille dr) is a three-story art deco apartment building featuring 18 fully renovated units in the heart of north beach.  The unit mix comprises of 7 standard studios, 4 large studios, 4 one-bedroom apartments, and 3 two-bedroom apartments.  Most units come fully furnished.  The property is fully occupied with a current average rent of $1,851.  With significantly below-market rents, there is a potential rental upside of $75,900 annually ($350+ per unit per month) aligning with current market rates.  Renovations include: new bathrooms with glass enclosures, new stainless steel appliances, updated cabinetry, updated pvc plumbing, new electrical system, porcelain tile flooring, new lighting, new fixtures, new doors with keyless entry, fully furnished, and quartz countertops.  


Data is provided by Miami Board of Realtors.

Public transportation

Normandy Dr & rue Versailles
L
1 mins
Normandy Dr & bay Dr
L
1 mins
71 St & rue Versailles
L
2 mins
71 St & bay Dr
L
2 mins

Nearby School In Normandy Isle

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
10
North Beach Elementary School
PK-5
2.9 miles
3
Treasure Island Elementary School
PK-5
1.3 miles
5
Nautilus Middle School
6-8
2.8 miles
8
Mater Academy Miami Beach
K-9
1.1 miles
Listed on June 05, 2024 by Max Loria from STL Advisors, LLC, this other is for sale. other for sale in Normandy Isle listed at $5,200,000, Reference A11601414

The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.