Overview

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  • Status: Active
  • Parking No info
  • Size: No info
  • Price Per: No info/No info
  • Type: Multi Family
  • Built: 1926
  • HOA: No info
  • MLS Number: A11601414
  • View No info
  • On Site: 178 days
  • Updated: 17 Days Ago
  • Page Views: 18

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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Price History

DateEventPriceChange RatePrice Per
11/13/2024Price Increased$5,350,000.002.9%$570.67 ft2/$6,142.61 m2
06/05/2024Listed$5,200,000.00$554.67 ft2/$5,970.38 m2

Features

Property Details for 924 Marseille Dr, Miami Beach, FL 33141

Multi Family current status is Active, 924 Marseille Dr is a Multi Family in , Miami Beach, FL 33141 with property MLS ID# A11601414. This Multi Family has been listed on Best of Luxury Realty since June 05, 2024 and is currently priced at 5,350,000. This property was built in 1926.
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Area Specialist

Buyer/Tenant Etiquette
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Tracey Schmitt
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Email: tracey@bestofluxuryrealty.com
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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This property is courtesy of the STL Advisors, LLC. This listing has been viewed 18 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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