1185 Marseille Dr # 209, Miami Beach FL 33141, MIAMI BEACH, FL, 33141
Active118 days on marketListed Apr 21, 2026MLS #A12005343
About this home
1185 Marseille Dr # 209, Miami Beach FL 33141
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.
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
666
Sqft
1
Garage
1960
Year built
$285
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,321 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,321/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−46.7%
$/sqft vs Miami Beach actives
$285 vs $728
Days on market
118 vs 91 typical
Where $285/sqft sits among the 394 Miami Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Isle Of Normandy
Get to know Miami Beach. See the full Miami Beach guide →
Isle Of Normandy — neighborhood snapshot
Population
9,198
Median age
48
Median income
$99,060
Median home value
$477,014
Avg household
2
Households w/ children
850
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami Beach market
$285K → $525K
Miami Beach median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
19 of 394
Miami Beach actives have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 19% above the MIAMI BEACH 33141 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 1185 Marseille Dr # 209
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$825,000
5875 Collins Ave # 1004, Miami Beach FL 33140
1 bd · 1.5 ba · 778 sqft · $1,060/sqft · 14 DOM
Sold · Jul ’26$280,000
5838 Collins Ave # 2H, Miami Beach FL 33140
1 bd · 1.5 ba · 815 sqft · $344/sqft · 383 DOM
Sold · Mar ’26$270,000
5838 Collins Ave # 6H, Miami Beach FL 33140
1 bd · 1.5 ba · 815 sqft · $331/sqft · 162 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Moe Thouk Oo
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1185 Marseille Dr # 209 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1185 Marseille Dr # 209 — before you fall in love.
See it in person
Schedule a tour
Live availability from Moe's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1185 Marseille Dr # 209 FAQs
What would the monthly payment be for 1185 Marseille Dr # 209, Miami Beach FL 33141?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,321/mo — principal and interest, the actual property-tax bill, the $650/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 1185 Marseille Dr # 209, Miami Beach FL 33141?+
The association fee works out to $650 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1185 Marseille Dr # 209, Miami Beach FL 33141?+
The most recent tax bill on record (2025) was $3,704. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1185 Marseille Dr # 209, Miami Beach FL 33141?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami Beach?+
At $189,900, this home is listed about 71% below the Miami Beach median of $649,450. The market section on this page shows how the area is trending.
Which schools are assigned to 1185 Marseille Dr # 209, Miami Beach FL 33141?+
Treasure Island Elementary School (elementary), Miami Beach Nautilus Middle School (middle), Miami Beach Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$189,900 runs 19% above the MIAMI BEACH 33141 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $650/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04The price has already moved
Listed at $215,000, now $189,900 — a $25K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Avanti Way Realty LLC · Mauricio Menegaldo Scionti. MLS #A12005343.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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