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Condominium
$290,000$363 / sqft
1990 Marseille Dr # 402, Miami Beach FL 33141
Listed
2
Bedrooms
2
Bathrooms
798 sqft
Interior
1970
Year built
$658 / mo
HOA
Condominium
Type
About this home
Charming Condominium in Normandy Isle. This beautifully updated condominium offers a modern living space, ideal for those seeking a peaceful retreat in a prime location. Recently renovated for a fresh and contemporary feel. Situated in the desirable Normandy Isle neighborhood, this home is conveniently located between the beach and North Bay Village. Take in lovely skyline views, framed by lush trees and low-rise buildings. The neighborhood boasts plenty of shopping, dining, and entertainment options within a short distance. The unit also includes a balcony, perfect for enjoying the serene view. This quiet building features a communal outdoor patio area, providing a cozy space for residents to relax. This is a great opportunity to own a move-in-ready home in a tranquil yet highly accessible location!
Features
- Interior Hall
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- No Additional Rooms
- Open Balcony
- Garden View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Okay To Lease 1st Year
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.