Sign up to get new listings emailed daily! SIGN UP LOGIN

1958 NE 172nd St, North Miami Beach, FL 33162

$1,079,000
  • 1958 NE 172nd St, North Miami Beach, FL 33162 Main Photo

16 Total Photos [Click to View All]

Active
BEDS0 BATHS SQUARE FEET2,142 MLS#A11856839
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONFULFORD BY SEA SEC B

Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Window/Wall
Home Style: Detached
Roof Type: Shingle
Stories: 1.0
Taxes: $12,022
Year Built: 1958

Feature Descriptions

Crops Included Y/N: No
Days on Site: 197
Exterior: Concrete Block Construction
Flooring: Vinyl
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: Less Than 1/4 Acre Lot
Parcel#: 07-22-09-004-2380
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Units: 4
Window: Clear Impact Glass

Listed By / Shown By

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

IDX logo

Estimate Your Payment

Estimated Payment

$ 7,059.43 per month $5,742.89 Principal & Interest $1,001.83 Property Tax $314.71 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Rose Pinto and Dawson Walker can help you get pre-approved quickly and easily in order to get the home buying process started.

Login to My Property Finder

Pixel