16
1958 NE 172nd St
$1,100,000 Sale
Listed 3 days ago
· 0
· 0
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· 2142
Key Facts
Key facts for 1958 NE 172nd St
Property Type
Apartment, Fourplex
Parking
0 parking
MLS #
A11856839
Size
2142 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$12,022 /yr
Days on Market
-
Year Built
1958
Maintenance Fee
-
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 prope...rty 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.
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Listing courtesy of: JDM Realty Group, Inc