1185 Marseille Drive 209, Miami Beach, FL 33141
Listing Snapshot
| List Price | $215,000 |
| Price / Sq Ft | $323 |
| Beds | 1 |
| Baths | 1 |
| Living Area | 666 sqft |
| Year Built | 1960 |
| Property Tax | $3,704/yr |
| HOA / Condo Fee | $650 / monthly |
| MLS # | 1158223020 |
| Status | Active |
| Days on Market | 40 |
About This Home
Located in the heart of Normandy Isle, this spacious 1-bedroom, 1-bath residence at Rive Marseilles offers a clean, open layout with defined living and dining areas, designed for both comfort and functionality.Positioned on the second floor, the unit features a bright and airy living space with natural light, seamlessly connecting to a dedicated dining area near the kitchen, creating a practical and intuitive flow for everyday living.Set within a classic Miami Modern (MiMo) waterfront building, residents enjoy a gated community, pool deck overlooking the Normandy Waterway, and a quiet residential environment just minutes from the beach, Normandy Shores Golf Course, and local dining.A key differentiator: the unit includes a deeded, assigned parking space, a critical asset in this area where parking availability directly impacts long-term value and rental desirability.The building completed its 40-year recertification in 2015, reinforcing structural integrity and reducing near-term uncertainty for buyers.Currently tenant-occupied through November 30, generating $1,650/month, offering immediate income for investors or a clear timeline for end-users planning future occupancy.Ideal for both end-users seeking a primary residence in Miami Beach and investors targeting stable, long-term rentals, with a minimum 1-year lease policy in place.
General Features
- Property Type
- Residential
- Sub-type
- Condominium
- Stories
- 3
- Attached Garage
- No
- Garage Spaces
- 1
- Parking
- Carport,DetachedCarport,Detached,Garage,GarageDoorOpener
- Security
- SecurityFence
- Subdivision
- RIVE MARSEILLES CONDO
Interior Features
- Flooring
- CeramicTile
- Heating
- Electric
- Cooling
- CentralAir
- Interior Features
- BedroomOnMainLevel
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Pool Features
- Association
- View
- Canal,River
- Waterfront
- Yes
- Waterfront Features
- CanalFront,FixedBridge,Other
Community Features
- Association Amenities
- Management,Pool
- Association Dues
- $650 / monthly
- MLS Area
- 2320
Schools
Map
Virtual Tour
View Virtual TourMLS# 1158223020 · BEACH
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Estimate Your Payment
20% down · Loan: $172,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.