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Waterfront · Condominium
$189,900$285 / sqft

1185 Marseille Dr # 209, Miami Beach FL 33141

1
Bedrooms
1
Bathrooms
666 sqft
Interior
1960
Year built
$650 / mo
HOA
Condominium
Type

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.

Features

  • Second Floor Entry
  • East Of Us1
  • None
  • Canal
  • River

Estimated loan & HOA

$1,610

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$960
HOA
$650 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Avanti Way Realty LLC

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.