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Single-family · Miami Beach · Miami-Dade County

1460 Marseille Dr, Miami Beach

Single-family house advertised as 3 bedrooms / 2 baths with 2,005 living SF on a 6,834 SF lot. Asking $890,000. The agent calls it an approved short sale and says the lender wants $840,000 net, while still making the transaction subject to bank approval. Disclosed code violations, possible termites and repeated abandonment/vandalism make this a specialist rehabilitation lead, not a proven bargain.

Recorded status: Broker page reported active; recheck availability. Checked: .

Dated listing record · recheck availability and legal unit count.

Asking price
$890,000

Monthly rent · Scenario: Not reported

Unit mix & possession

One single-family house offered, not income-producing multifamily. Current condition, occupancy and vacant possession require confirmation.

Reported units
1
Reported listing area
2,005 sq ft
Reported year built
1945
Asking / reported sq ft
$444
Reported 2025 tax / year
$13,060

Historical tax is the seller’s bill; buyer taxes can change.

SIEARN TAKE

Why we’re tracking it

A rare disclosed short-sale house in Miami Beach with an explicit lender-net target. The $890,000 ask is not established below market; this is a high-risk rehabilitation lead until liabilities and contractor bids are known.

LISTING AGENT’S DESCRIPTION · SUMMARY

One single-family house offered, not income-producing multifamily. Current condition, occupancy and vacant possession require confirmation.

The agent reports a back-on-market approved short sale and a lender requirement of $840,000 net, with the sale still subject to bank approval. The remarks disclose code violations, possible termites and repeated abandonment or vandalism.

Obtain written approval and lender net terms, current availability, all lien balances and a current condition inspection. Photos may predate damage.

Listed by Luft Realty · observed Oct 18, 2026Read the full agent description at Short Sale Miami ↗
Broker info & key considerations To confirm

Specialist short-sale lead · discount unproven

Obtain written lender approval, net requirement, current sale status and title/municipal lien report.

  • The lender’s advertised $840,000 net requirement is not the asking price or an all-in acquisition cost; written approval, payoffs and closing allocations are unreviewed.
  • Agent discloses code enforcement violations, possible termite damage and repeated abandonment/vandalism. Obtain lien balances, engineer/contractor reports and a full rehabilitation budget.
  • The current source reports active/back on market, while an older portal history includes a September 5 contingency. Verify current availability before relying on it.
  • Listing photographs may predate the disclosed damage; furnished interiors are not evidence of present condition. Historical rental asks are not current leases or achievable rent.
  • The 2025 $13,060 tax is historical. Buyer taxes, wind/flood insurance, holding costs and repair reserves are unknown; no verified investment return.
Source evidence and diligence

Financial figures observed Oct 18, 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

Questions to resolve

  • Obtain written lender approval, net requirement, current sale status and title/municipal lien report.
  • Inspect termite, structure, roof and systems; price all violations and work with contingency.
  • Confirm permitted 3/2 layout, actual possession, flood/insurance costs and condition-matched closed sales before making an offer.
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46 properties

Compare income, cash flow and risks.

46 of 95 researched properties

1916 Seidenberg Ave: listing photo 1
Multifamily
Price$999K$590/SF

1916 Seidenberg Ave

Midtown East · Key West

2 reported units1,694 SF
Reported rent / mo
$7,650
Reported gross yield1
9.2%
Est. cap rate
4.5%
Est. cash flow / mo
$3,478
Cash purchase · after reserves
  • Two 3 bed / 1 bath units, advertised at $3,850 and $3,800 monthly
  • $7,286/year historical tax

Source checked · Sep 25, 2026

Open brief
1932 Dewey St: listing photo 1
Multifamily
Price$499K$340/SF

1932 Dewey St

Hollywood South Side · Hollywood

2 reported units1,468 SF
Reported rent / mo
$3,900
Reported gross yield1
9.4%
Est. cap rate
3.6%
Est. cash flow / mo
$1,388
Cash purchase · after reserves
  • $7,474/year historical tax

Source checked · Oct 5, 2026

Open brief
1765 Normandy Dr: listing photo 1
Multifamily
Price$1.39M$459/SF

1765 Normandy Dr

Normandy Isle · Miami Beach

4 reported units3,024 SF
Reported rent / mo
$8,667
Reported gross yield1
7.5%
Est. cap rate
2.8%
Est. cash flow / mo
$2,972
Cash purchase · after reserves
  • 2 × 2BR/1BA + 2 × 1BR/1BA
  • $15,491/year historical tax

Source checked · Oct 18, 2026

Open brief
851 80th St: listing photo 1
Multifamily
Price$1.4M$314/SF

851 80th St

North Beach · Miami Beach

4 reported units4,458 SF
Reported rent / mo
$8,800
Reported gross yield1
7.5%
Est. cap rate
2.6%
Est. cash flow / mo
$2,788
Cash purchase · after reserves
  • 4 × 2BR/1BA
  • No HOA reported
  • $17,758/year historical tax

Source checked · Sep 25, 2026

Open brief
2120 Biarritz Dr: listing photo 1
Multifamily
Price$1.7M$487/SF

2120 Biarritz Dr

Normandy Isle · Miami Beach

4 reported units3,492 SF
Reported rent / mo
$9,700
Reported gross yield1
6.8%
Est. cap rate
2.5%
Est. cash flow / mo
$3,185
Cash purchase · after reserves
  • 2 × 1BR/1BA + 1 × 2BR/1BA + 1 × 2BR/2BA
  • $18,497/year historical tax

Source checked · Sep 25, 2026

Open brief
978 Gibraltar Rd: listing photo 1
Multifamily
Price$680K$179/SF

978 Gibraltar Rd

Winston Park · Key Largo

2 reported units3,794 SF
Reported rent / mo
$4,400
Reported gross yield1
7.8%
Est. cap rate
1.9%
Est. cash flow / mo
$926
Cash purchase · after reserves
  • Two 2-bedroom / 1-bath units, each reported at $2,200 per month
  • $4,605/year historical tax

Source checked · Oct 14, 2026

Open brief
4133 SW 52nd St: aerial photograph of the existing duplex and lot
Multifamily
Price$839K$432/SF

4133 SW 52nd St

Broward Gardens · Dania Beach

2 reported units1,942 SF
Reported rent / mo
$4,350
Reported gross yield1
6.2%
Est. cap rate
1.7%
Est. cash flow / mo
$1,065
Cash purchase · after reserves
  • Two existing residences: 3 bed / 2 bath and 2 bed / 2 bath
  • $13,067/year historical tax

Source checked · Oct 2, 2026

Open brief
2713 NE 33rd Ave: listing photo 1
Multifamily
Price$1.4M$614/SF

2713 NE 33rd Ave

Dolphin Isles · Fort Lauderdale

2 reported units2,271 SF
Reported rent / mo
$6,000
Reported gross yield1
5.2%
Est. cap rate
1.3%
Est. cash flow / mo
$1,370
Cash purchase · after reserves
  • Two 2 bed / 2 bath units; total existing rent advertised at $6,000 monthly
  • $19,762/year historical tax

Source checked · Sep 25, 2026

Open brief
1938 Pierce St: listing exterior photograph
Multifamily
Price$495K$472/SF

1938 Pierce St

Royal Poinciana · Hollywood

2 reported units1,049 SF
Reported rent / mo
$2,800
Reported gross yield1
6.8%
Est. cap rate
1.4%
Est. cash flow / mo
$498
Cash purchase · after reserves
  • Two 1-bedroom / 1-bath apartments offered together
  • Built 1954
  • 5,454 SF lot

Source checked · Oct 11, 2026

Open brief
600 SW 16th Ave: listing photograph 3
Multifamily
Price$1.36M$778/SF

600 SW 16th Ave

Little Havana · Miami

3 reported units1,748 SF
Reported rent / mo
$6,000
Reported gross yield1
5.3%
Est. cap rate
1.2%
Est. cash flow / mo
$1,199
Cash purchase · after reserves
  • Three apartments in one offering
  • Built 1953
  • $11,161/year historical tax

Source checked · Oct 11, 2026

Open brief
18 Prospect Ln A & B listing photograph 1
Multifamily
Price$465K$177/SF

18 Prospect Ln A & B

Palm Coast Sec 24 · Palm Coast

2 reported units2,622 SF
Potential rent / mo
$3,370
Full-occupancy estimate
Potential gross yield1
8.7%
Est. cap rate
2.7%
Est. cash flow / mo
$930
Cash purchase · after reserves
  • 3 bed / 2 bath per unit
  • Garage per unit
  • 2023 reroof permit

Source checked · Oct 12, 2026

Open brief
13 Buttonwood Ln listing photograph 1
Multifamily
Price$469K$181/SF

13 Buttonwood Ln

Palm Coast Sec 35 · Palm Coast

2 reported units2,588 SF
Potential rent / mo
$3,300
Full-occupancy estimate
Potential gross yield1
8.4%
Est. cap rate
2.5%
Est. cash flow / mo
$874
Cash purchase · after reserves
  • 3 bed / 2 bath per unit
  • 2 attached garages
  • Screened rear porches

Unit A advertised vacant

Source checked · Oct 12, 2026

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Showing 12 of 46Dated research
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Estimates use editable assumptions.

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