$1,990,000
1974 Marseille Drive
Miami Beach, FL 33141
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,990,000
- Price per sq ft
- N/A
- Original price
- $2,100,000
- Days on market
- 262
This lot in Isle Of Normandy Miami Vi is listed at $1,990,000. The asking price has come down 5.2% from its original $2,100,000. It has been on the market for 262 days.
Estimated monthly payment
$10,458 /mo
Principal and interest only, based on $398,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,990,000
- Days on Site
- 262 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.2 Acres
- Property Type
- Land
- MLS #
- A11871019
- Property Tax
- $17,672 (2025)
- Subdivision
- ISLE OF NORMANDY MIAMI VI
- County
- Miami Dade
- Status
- Active
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- North
- Lot Size (Acres)
- 0.2
- Zoning
- 3900
Exterior Features
- Lot Features
- Other
Community & HOA
- Financing Terms
- Cash / Conventional / Other
- MLS Area
- 2420
About the Community
Isle Of Normandy Miami Vi is a waterfront community in Miami Beach, Miami-Dade County, Florida. Active listings are priced from $725,000 to $6,900,000. Homes were built between 1939 and 2023. Pure Equity lists homes in Isle Of Normandy Miami and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 15
- Under Contract
- 2
- Median List Price
- $1,430,000
- Median $/Sq Ft
- $492
- Avg Days on Market
- 208
Frequently Asked Questions
- How do I schedule a tour of 1974 Marseille Drive, Miami Beach, FL 33141?
- Use the Tour button on this listing to request a showing of 1974 Marseille Drive, Miami Beach, FL 33141. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1974 Marseille Drive, Miami Beach, FL 33141 still available?
- 1974 Marseille Drive, Miami Beach, FL 33141 is currently listed as Active, and has been on the market 262 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1974 Marseille Drive, Miami Beach, FL 33141?
- With 20% down ($398,000) on the $1,990,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1974 Marseille Drive, Miami Beach, FL 33141 is about $10,458/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1974 Marseille Drive, Miami Beach, FL 33141?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1974 Marseille Drive, Miami Beach, FL 33141. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1974 Marseille Drive, Miami Beach, FL 33141?
- Often, yes. The right offer on 1974 Marseille Drive, Miami Beach, FL 33141 depends on how it's priced against comparable land sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Fausto Commercial Realty Consultants Inc
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,990,000
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Listed by Mauricio Villasuso, Fausto Commercial Realty Consultants Inc
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Recent Sales
Recently sold homes in Isle Of Normandy Miami Vi
These are the last 6 recorded closings in Isle Of Normandy Miami Vi, with the price each home actually sold for rather than what it was listed at. They closed at a median of $2,006 per square foot. The most recent closed on May 21, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$930,000
Sold · May 21, 2026
1756 71st Street
3 bed · 2 bath · 1,362 sqft · $683/sqft
$19,000 under the asking price
Sold$9,450,000
Sold · April 9, 2026
1750 Bay Drive
5 bed · 4 bath · 4,428 sqft · $2,134/sqft
$2,550,000 under the asking price
Sold$1,269,999
Sold · January 30, 2026
1800 Normandy Drive
0 bed · 0 bath · 3,000 sqft · $423/sqft
$30,000 under the asking price
Sold$1,270,000
Sold · January 6, 2026
1773 Bay Drive
0 bed · 0 bath
Sold$1,270,000
Sold · January 6, 2026
1785 Bay Drive
0 bed · 0 bath
Sold$8,800,000
Sold · December 5, 2025
1730 Bay Drive
5 bed · 3 bath · 4,386 sqft · $2,006/sqft
$700,000 under the asking price
See every recorded sale in Isle Of Normandy Miami Vi or find out what your Isle Of Normandy Miami Vi home is worth.
