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$1,079,000

1958 NE 172nd St, North Miami Beach FL 33162

North Miami Beach, FL 33162

North Miami Beach

0

Bedrooms

0

Bathrooms

2,142

Sq Ft

1958

Year Built

About This Property

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.

Property Details

Property Type Residential Income
Status Active
Days on Market 90
MLS # c9604e688b004acd4cd375d2de9574f8