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For Sale
Listed on November 18, 2025

1197 Marseille Dr, Unit 12

$200,000
1 Beds
1 Baths
589 sqft
0 Parkings
HOA fees
$515
Annual Tax
$2,378
Occupancy
Tenant
Year Built
1946
Stories
2
Days on market
56 days ago

Description

Discover this charming and spacious 1 bed/1bath apartment with an open-plan kitchen and living area, perfectly situated in the serene Normandy Island neighborhood. Enjoy the surroundings of the island, including a children’s park, riverside promenade, and nearby tennis courts, all adding to the community’s appeal. This gated top-floor residence offers security and comfort in a peaceful environment just minutes from the vibrant South Beach area. Whether you want to make this your home or grow your investment portfolio, this property provides excellent flexibility. A reliable, long-term tenant has occupied the unit for years, offering a steady rental income. With the option for unfurnished rental at $1,700 per month. Embrace the balance of tranquility and accessibility in Normandy Island.
One Sotheby's International Realty

Features & Details

Learn about the features and details of 1197 Marseille Dr, Unit 12

Property Details

  • Property Type
    Condominium
  • Living Area
    589 sqft
  • Year Built
    1946
  • Lot Size
    -
  • Stories
    2 Stories
  • Annual Tax
    $2,378.00
  • List Date
    11/18/2025
  • Updated
    11/26/2025
  • Last Checked
    Recent
  • MLS Number
    #A11912808
  • Brokerage
    One Sotheby's International Realty
  • Postal Code
    33141
  • Area
    Miami-Dade
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $200,000.00
  • Unit Number
    12
  • Construction
    Block
  • Heating
    WallFurnace
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    On street
  • Pets Allowed
    Conditional,Yes
  • Air Conditioning
    Wall Window Units
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    No
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    Electric water heater
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    1 Bed, 1 Bath
  • Bedrooms
    1
  • Full Bathrooms
    1
  • Ensuite
    Yes
  • Bathrooms
    1
  • Flooring
    Mixed

Price history

Learn about the price history of 1197 Marseille Dr, Unit 12

Amenities

Discover the amenities available at 1197 Marseille Dr, Unit 12

  • Laundry

Real estate trends

View trends of price in Miami Beach over the last 12 months

Explore Miami-Dade

Learn about the area around 1197 Marseille Dr, Unit 12

Mortgage Calculator
Estimate monthly payments for 12 - 1197 MARSEILLE DR
$0
20.0%
$200,000
1%
5.25%
10%
Estimated Monthly Payment

$959

Cash Flow Analysis
Mortgage Payment:
$958.8
Monthly Payment:
$1,671.96
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this sophisticated condominium in the heart of Isle of Normandy Ocean Side, Miami Beach. This well-appointed property offers 1 bedroom, 1 bathroom, 589 square feet of living space. secure building access, wallfurnace heating, Wall Window Units. Originally built in 1946 in a 2-story building. Offered at $200,000.00 Residents will appreciate the excellent amenities including Laundry, and Other. The property comes with Electric water heater. Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 1197 Marseille Dr, Unit 12

1197 Marseille Dr, Unit 12, MLS® A11912808 has a size of 589 sqft.

There are 1 bedrooms and 1 bathrooms in this Condo at 1197 Marseille Dr, Unit 12, MLS® A11912808.

Annual taxes for this home are $2,378 based on 2025 tax year reports.

The building's pet policy is as follows: Conditional,Yes. Please contact the property manager or listing agent to confirm specific details, restrictions, and any associated fees that may apply.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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1197 Marseille Dr, Unit 12
1197 Marseille Dr, Unit 12