This fully renovated 4-unit multifamily property in North Miami Beach?just minutes from Aventura Mall and Greynolds Park?offers a prime turnkey investment with strong, stable cash flow. Featuring three 1-bedroom units and one 2-bedroom unit, all leased long-term at $1,650?$2,350 per month, the property generates over $88,140 in gross scheduled income annually, with additional upside potential through Section 8 (1/1 rents up to ~$1,950). Upgrades include new kitchens, bathrooms, flooring, plumbing, mini-split A/C systems, and hurricane impact windows. With high rental demand, limited local inventory, and comparable sales supporting long-term appreciation, this is a rare opportunity to acquire a stabilized, cash-flowing asset in a rapidly tightening market.
Listed By
Agency Name: JDM Realty Group, Inc
Agency Phone: 786-301-1050
Shown By
Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
Estimated Payment
$ 7,059.43 per month $5,742.89 Principal & Interest $1,001.83 Property Tax $314.71 Homeowner's Insurance
1958 NE 172nd St | MLS# A11856839
This multi-family property located at 1958 NE 172nd St, North Miami Beach, FL 33162 is currently listed for sale with an asking price of $1,079,000. Search North Miami Beach real estate on www.adamscameroncommercial.com today.