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.

Features
Swimming Pool
Heating System
Cooling System
Architectural Style
Roof:
Shingle
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
North Miami Beach
Zipcode:
33162
Street:
1958 Ne 172nd St, North Miami Beach, Florida 33162
Longitude:
W81° 50' 19.6''
Latitude:
N25° 56' 2.6''
MLS Addon
Building Area:
2,142 Sqft
Construction Materials:
Block
Cumulative DOM:
90
DOM:
175
Flooring:
Vinyl
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash, Conventional
Lot Features
Parcel Number:
07-22-09-004-2380
Subdivision Name:
FULFORD BY SEA SEC B
Tax Annual Amount:
$12,022
Tax Year:
2024
Utilities
Virtual Tour:
Click Here
Window Features:
Impact Glass

Residential Income For Sale

1958 Ne 172nd St, North Miami Beach, Florida 33162, North Miami Beach, Florida 33162

2,142 Sqft
$1,079,000
MLS # #A11856839
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$1,079,000
Square Footage :
2,142 Sqft
Year Built :
1958
MLS # :
A11856839
Property Sub Type :
Quadruplex
Agent info
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