Rive Marseilles Unit 209 Sold
Property Details
| Sold Price | $173,000 |
|---|---|
| Last Asking Price | $189,900 |
| Price per SqFt | $260 |
| Maintenance Fee | $650 Monthly |
| Property Taxes | $3,704 2025 |
| Interior Space | 666 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 1960 |
| Closed Date | 9/23/2026 |
| MLS # | A12005343 |
Location
From the listing
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.
Listed by Avanti Way Realty LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $650 a month; taxes $3,704 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · Rive Marseilles Unit 209
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10658190 | $150,000 | 7/15/20 |
Listed by Avanti Way Realty LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
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1185 Marseille Drive 209, Miami Beach · MLS A12005343 · Sold Sep 2026
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.