WorkspaceDiscoverMultifamily · Miami Beach · Miami-Dade County
1730 Marseille Dr, Miami Beach
Four-unit building relisted October 7 at $1.65M under MLS A12102964. The new listing reports 2,792 living SF and $15,626 annual tax. Current rents and leases are not supplied.
Recorded status: Public listing page: active. Checked: .
Dated listing record · recheck availability and legal unit count.
- Asking price
- $1,650,000
Monthly rent · Scenario: Not reported
Assumptions behind these estimates
Starting values for this brief. Change any of them in the interactive brief; your changes stay in your browser. Default values
| Input | Value | Basis |
|---|---|---|
| Total scheduled rent per month | Not set | Needs your estimate |
| Vacancy (%) | 5% | Matches planning allowance |
| Management (% of collected rent) | 8% | Matches planning allowance |
| Maintenance (% of total rent) | 5% | Matches planning allowance |
| Buyer annual tax assumption (% of price) | 1.88% | Matches planning allowance |
| Annual insurance | $12,000 | Matches planning allowance |
| Annual owner-paid utilities | $4,800 | Matches planning allowance |
| Monthly HOA or condo fees | $0 | Matches source observation |
| Other annual operating expenses | $2,400 | Matches planning allowance |
| Capital reserves (% of total rent) | 3% | Matches planning allowance |
| Down payment (%) | 100% | Matches planning allowance |
| Mortgage rate (%) | 7% | Matches planning allowance |
Unit mix & possession
Four separate apartments. The earlier offering described four 1-bedroom / 1-bath units; the new listing does not confirm that mix.
- Reported units
- 4
- Reported listing area
- 2,792 sq ft
- Asking / reported sq ft
- $591
- HOA / month
- $0
- Historical property tax / year
- $15,626
- HOA + historical tax / month
- $1,302
$1,302/month goes to reported HOA and historical tax alone. Rental income would have to cover this plus the remaining ownership costs.
HOA + historical tax only. Excludes insurance, assessments, upkeep and financing; buyer taxes can change.
Broker info & key considerations To confirm
- The previous MLS A12040315 was cancelled September 28. Its $89,400 annual rent claim is not repeated in the new offering and is excluded from current income.
- Source area fields conflict: 2,792 living SF versus 1,466 total SF. Confirm the permitted layout and measured area.
- Collected rent and complete operating costs remain unverified.
Source evidence and diligence
Financial figures observed Oct 8, 2026. Reported income is not audited collections. Editable estimates, financing and saved assumptions are separate from these source facts.
Gross rental yield basis
Needs supported whole-property rent or your rent assumption and a positive asking price. Unknown rent is not zero.
Sources
- Compass · KD Prime Properties International · A12102964 listed 7 Oct; page updated 8 OctSource observation · Oct 8, 2026
- Compass / A12040315 · cancellation on 28 Sep; availability checked 30 Sep; prior financial dates retainedSource observation · Sep 30, 2026
- Zillow / A12040315 · page checked 25 Sep; listed 22 JunSource observation · Sep 25, 2026
- Listing page on zillow.comWorkbook observation · Sep 22, 2026
Questions to resolve
- Obtain the new offering package, current unit schedule and rent roll before underwriting income.
- Obtain unit leases, tenant estoppels and a trailing 12-month operating statement.
- Verify legal unit count, title, permitted work and possession terms.
- Obtain wind/flood insurance quotes and a buyer property-tax estimate.
- Inspect roof, structure and recertification records; price immediate work.
Similar properties
- 2120 Biarritz Dr, Miami Beach: 4-unit multifamily, asking $1,700,000
- 955 79th Ter, Miami Beach: 2-unit multifamily, asking $1,500,000
- 1791 Marseille Dr, Miami Beach: 4-unit multifamily, asking $1,810,000
Florida property research
Research scope includes Miami-Dade, Broward, the Florida Keys and Flagler County. Published observations vary by market.
[1] Gross yield excludes costs and financing. Source figures are unverified; estimates use editable assumptions. Check current listing availability. County records are separate from listings. Saves stay in this browser; export a backup before clearing site data. Sources & methods