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924 Marseille Dr
Miami Beach, FL 33141
$4,995,000
4 Price Changes (-$ 205,000)
Active
24+
$4,995,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
 
Size Sq. Ft.
322
DOM
924 Marseille Dr Miami Beach, FL 33141
Beds, Baths, Multi Family Sq.Ft.

Ocean 18 Lofts (924 Marseille Dr) is a three-story Art Deco apartment building featuring 18 fully renovated units in the heart of North Beach. The unit mix comprises of 7 standard studios, 4 large studios, 4 one-bedroom apartments, and 3 two-bedroom apartments. Most units come fully furnished. The property is fully occupied with a current average rent of $1,851. With significantly below-market rents, there is a potential rental upside of $75,900 annually ($350+ per unit per month) aligning with current market rates. Renovations include: New bathrooms with glass enclosures, new stainless steel appliances, updated cabinetry, updated PVC plumbing, new electrical system, porcelain tile flooring, new lighting, new fixtures, new doors with keyless entry, fully furnished, and quartz countertops.

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Listing Summary
  • Address 924 Marseille Dr
  • City Miami Beach
  • County Miami-Dade
  • Zip 33141
  • Price $4,995,000
  • Status Active
  • Subdivision
  • Pets Allowed No
  • MLS® # A11601414
  • Property Type Commercial Sale
  • Property Sub TypeMulti Family
  • Status Active
  • Square Feet
  • Year Built 1926
  • Waterfront No
  • Maintenance Fees No Info Provided
  • Taxes
  • Tax Year
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924 Marseille Dr
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11601414) is provided courtesy of (STL Advisors, LLC). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 04-23-2025. IDX powered by Realty Net Media
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