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Buildings/Miami Beach/MARSEILLES DECO CONDO

Value

MARSEILLES DECO CONDO

1247 Marseille Dr, Miami Beach 33141

1954

Year Built

Units

—

For Sale

—

Avg Price

—

Sale $/SF

For Rent

—

Avg Rent

$2.92

Rent $/SF

+14.7%

YoY

For Sale

For Rent

Investor-Owned

50%

Avg HOA

—

Building Details

Address

1247 Marseille Dr, Miami Beach, 33141

Neighborhood

Miami Beach

Year Built

1954

Total Units

Avg Unit Sqft

725 SF

Tier

Value

Rent $/SF

$2.92/SF

Neighborhood Rank

Top 42%

Avg Unit Value

$197K

Total Sales (All-Time)

Investment Analysis

Yield Metrics

Rental Yield (annualized)—

YoY Appreciation+14.7%

Total Yield30.9%

Liquidity & Demand

Closed Sales (120d)0

Investor-Owned50%

For Sale0

For Rent1

Top 42%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$277

Rental Price Trend ($/SF)

$0.00

Building Activity

Closed Sales (120d)

transactions

Low volume

Sales & Listings

Active Listings

For Rent (1)

$3K

Unit 16

2 bd2 ba960 sf

$3/SF27 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Apr 16, 2024	$266K	$277.08	2/2	960
Dec 8, 2021	$160K	$246.15	1/1	650
Jul 2, 2020	$165K	$250	1/1	660
Jun 20, 2019	$157K	$241.54	1/1	650
Oct 30, 2017	$134K	$206.15	1/1	650
Apr 19, 2017	$175K	$182.29	2/2	960
Sep 30, 2015	$140K	$150.54	2/2	930
Oct 21, 2014	$127K	$131.98	2/2	960
Jan 7, 2014	$108K	$165.38	1/1	650
Mar 18, 2011	$60K	$90.91	1/1	660
Oct 1, 2005	$157K	$241.54	1/1	650
Oct 1, 2005	$189K	$290.77	1/1	650
Jan 1, 2005	$123K	$188.46	1/1	650
Jun 1, 2004	$144K	$154.3	2/2	930
May 1, 2004	$110K	$169.23	1/1	650
Jan 1, 2004	$97K	$149.23	1/1	650
Oct 1, 2003	$90K	$138.31	1/1	650
Dec 1, 2001	$69K	$106.15	1/1	650
Jun 1, 2001	$79K	$82.29	2/2	960
May 1, 2001	$87K	$93.01	2/2	930
Apr 1, 2001	$60K	$90.91	1/1	660
Dec 1, 2000	$59K	$90.15	1/1	650
Sep 1, 2000	$74K	$77.4	2/2	960
Feb 1, 1999	$50K	$76.92	1/1	650
Aug 1, 1998	$62K	$93.48	1/1	660

Units & Ownership

Total Units

Avg Sqft

725 SF

Avg Assessed

$145K

Owner-Occupied

50%

Tax & Ownership

Investor-Owned

50%

Owner-Occupied

50%

Avg Assessed Value

$145K

Avg Taxable Value

$121K

Effective Year Built

1954

Zoning

3900

Unit Mix

1 BR6

Avg 652 SF

2 BR2

Avg 945 SF

Unit Directory

8 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
9	2	2	930	$229K	—	$140K	$151	Sep 2015
10	1	1	650	$175K	—	$160K	$246	Dec 2021
11	1	1	650	$65K	✓	$189K	$291	Oct 2005
12	1	1	650	$135K	✓	$134K	$206	Oct 2017
13	1	1	650	$175K	—	$108K	$165	Jan 2014
14	1	1	650	$164K	—	$69K	$106	Dec 2001
15	1	1	660	$72K	✓	$165K	$250	Jul 2020
16	2	2	960	$140K	✓	$266K	$277	Apr 2024