Robert T Fournier - 786-286-6960
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Investor Opportunity: Normandy Island. Enjoy stunning sunsets from this private 2-bed/2-bath, split-layout unit located on Bay Drive West, nestled on a quiet, no-outlet street. Rents for $3,500/month +/- fully renovated, or can be leased as-is for \$2,500/month +/-. Possible future developer land play opportunity with 2 four unit, single-level buildings and a 2 level building with 18-units, totaling 26 units. The entire property sits on approx. 35,000 SF property with an impressive 220 feet of Biscayne Bay frontage. With $2 billion + in new construction underway in the area. Additional; low monthly maintenance, new seawall, dock, and pool, and the building has successfully passed the 40-year recertification, ensuring structural integrity and compliance. Near Golf, tennis & kid parks.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 1275 Marseille Dr #40 | 40 | $165,000 | 1/1 | 730 | 68 | $0 | |
| 1140 71st St #3 | 3 | $179,003 | 1/1 | 465 | 43 | $813 | |
| 1205 Marseille Dr #27 | 27 | $189,000 | 1/1 | 589 | 55 | $515 | |
| 1239 Marseille Dr #7 | 7 | $199,999 | 1/1 | 680 | 63 | $641 | |
| 1197 Marseille Dr #12 | 12 | $200,000 | 1/1 | 589 | 55 | $515 | |
| 1275 Marseille Dr #42 | 42 | $215,000 | 2/2 | 990 | 92 | $920 | |
| 900 BAY DR #615 | 615 | $225,000 | 1/1 | 678 | 63 | $1,200 | |
| 2000 Biarritz Dr #403 | 403 | $230,000 | 0/1 | 0 | 0 | $338 | |
| 1239 Marseille Dr #4 | 4 | $239,000 | 1/1 | 680 | 63 | $641 | |
| 1201 Marseille Dr #17 | 17 | $239,900 | 1/1 | 589 | 55 | $460 | |
| 2000 Biarritz Dr #404 | 404 | $249,000 | 1/1 | 648 | 60 | $500 | |
| 2131 Calais Dr #1 | 1 | $250,000 | 1/1 | 710 | 66 | $665 | |
| 1990 Marseille Dr #201 | 201 | $250,000 | 1/1 | 672 | 62 | $0 | |
| 2016 Bay Dr #505 | 505 | $260,000 | 1/1 | 730 | 68 | $864 | |
| 1960 Marseille Dr #204 | 204 | $264,900 | 2/2 | 870 | 81 | $632 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 904 | 08/28/2025 | $790,000 | $839,999 | 2 | 2 | 1,500 | 2 months |
| 3 | 08/22/2025 | $216,000 | $240,000 | 1 | 1 | 540 | 2 months |
| 913 | 07/28/2025 | $225,000 | $245,000 | 1 | 1 | 678 | 2 months |
| 3-19 | 07/25/2025 | $235,000 | $235,000 | 1 | 1 | 550 | 9 months |
| 208 | 07/18/2025 | $320,000 | $339,990 | 2 | 2 | 1,100 | 7 months |
| 504 | 07/18/2025 | $605,000 | $645,000 | 2 | 2 | 1,520 | 6 months |
| 409 | 06/30/2025 | $235,000 | $245,000 | 1 | 1 | 686 | 4 months |
| 1 | 06/27/2025 | $220,000 | $245,000 | 2 | 2 | 953 | 2 months |
| PH-B | 06/23/2025 | $290,000 | $325,000 | 1 | 1 | 800 | 2 months |
| 510 | 06/13/2025 | $48,000 | $495,000 | 2 | 2 | 1,251 | 3 months |
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