$189,900
1 Bed · 1 Bath · 666 sqft
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.
Bedrooms
1
Bathrooms
1
Living Area
666 sqft
Heating
Electric
Cooling
Central Air
Interior Features
Second Floor Entry
Exterior Features
East Of Us1, None
Garage Spaces
1
Parking Details
Detached Carport, 1 Space
Property Type
Condominium
MLS#
457521590
Year Built
1960
Area
Rive Marseilles Condo
HOA/Maintenance
$650/mo
Days on Market
77
Monthly Payment
$1,827/mo
Listing courtesy of Avanti Way Realty LLC
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 7/7/2026. Listing provided courtesy of the Miami Association of REALTORS® MLS. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS®.


