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.
- Swimming Pool
- Heating System
- Cooling System
- Architectural Style
- Roof:
- Shingle
- Sewer
- 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''
- 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
- 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
