1195 Marseille Dr # 5, Miami Beach FL 33141
About this home
Discover a turnkey opportunity in the heart of Miami Beach—fully renovated and ready for immediate enjoyment or rental. Located on highly desirable Normandy Isle, this bright and spacious residence offers the perfect balance of lifestyle and investment, with estimated rental potential of approximately $1,900/month and flexible rental policies from day one. Thoughtfully updated with permits from the City of Miami Beach, the interior showcases ceramic tile flooring throughout with plank flooring in the bedroom, brand-new hurricane-impact windows, and smart A/C units controllable via smartphone. The redesigned kitchen features modern cabinetry, quartz countertops, and a farmhouse sink, while the bathroom has been tastefully renovated with clean, contemporary finishes. Additional upgrades include a new water heater, stylish rolling blinds, fresh paint, and ample pantry plus in-unit storage. Set within a charming Mediterranean-style waterfront building with deeded ocean access, residents enjoy a serene, residential setting while remaining just moments from the beach, dining, and everyday conveniences including Publix. The neighborhood offers a quiet, friendly atmosphere with excellent walkability to local shops and attractions. Whether you’re seeking a primary residence, vacation retreat, or investment property, this move-in ready condo delivers comfort, convenience, and long-term value in one of Miami Beach’s most accessible waterfront communities.
Features
- First Floor Entry
- Bar
- Built-in Features
- Closet Cabinetry
- No Additional Rooms
- East Of Us1
- Courtyard
- Garden View
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $935
- HOA
- $515 / 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.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.