1958 NE 172nd St, North Miami Beach, FL 33162
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: david egozi
Office: jdm realty group, inc
MLS#:A11856839
Source:SEFMLS
Price summary
- Price:$1,079,000
- Price per sq. ft.:$503.73
About this home
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.
Contact an agent
Home facts
- Year built:1958
- Listing ID #:A11856839
- Updated:November 24, 2025 at 10:58 AM
Rooms and interior
- Living area:2,142 sq. ft.
Heating and cooling
- Cooling:Wall/Window Units
- Heating:Wall Furnace
Structure and exterior
- Roof:Shingle
- Year built:1958
- Building area:2,142 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,079,000
- Price per sq. ft.:$503.73
- Tax amount:$12,022 (2024)
New listings near 1958 NE 172nd St
- New
$350,000Active2 beds 2 baths1,110 sq. ft.3703 NE 166th St #808, North Miami Beach, FL 33160
MLS# A11916526Listed by: REDFIN CORPORATION - Coming Soon
$1,100,000Coming Soon2 beds 2 baths17111 Biscayne Blvd #2103, North Miami Beach, FL 33160
MLS# A11918253Listed by: LAURA VALE INTERNATIONAL REALTY - New
$2,934,500Active4 beds 5 baths3,375 sq. ft.4098 NE 167 St #9, North Miami Beach, FL 33160
MLS# A11916123Listed by: MACKEN REALTY INC - New
$3,190,000Active5 beds 5 baths3,083 sq. ft.3443 NE 166th St, North Miami Beach, FL 33160
MLS# A11917290Listed by: MIAMI FOREVER REAL ESTATE - New
$313,000Active2 beds 2 baths928 sq. ft.3527 NE 168th St #301, North Miami Beach, FL 33160
MLS# A11916510Listed by: THE KEYES COMPANY - New
$1,900,000Active3 beds 3 baths2,189 sq. ft.1970 NE 188th St, North Miami Beach, FL 33179
MLS# A11917110Listed by: RKC REALTY LLC - New
$1,200,000Active2 beds 3 baths1,962 sq. ft.17301 Biscayne Blvd #2202, North Miami Beach, FL 33160
MLS# A11916943Listed by: FORTUNE INTERNATIONAL REALTY - New
$155,000Active1 beds 2 baths790 sq. ft.2025 NE 164th St #605, North Miami Beach, FL 33162
MLS# A11916909Listed by: OPTIMAR INTERNATIONAL REALTY - New
$524,000Active3 beds 2 baths1,175 sq. ft.1745 NE 182 St, North Miami Beach, FL 33162
MLS# A11912329Listed by: OPTIMAR INTERNATIONAL REALTY - New
$490,000Active3 beds 1 baths1,242 sq. ft.1690 NE 161st St, North Miami Beach, FL 33162
MLS# A11916624Listed by: RESET REAL ESTATE