1958 NE 172nd St, North Miami Beach, FL 33162

Local realty services provided by:Better Homes and Gardens Real Estate Destinations
#1#2#3
1958 NE 172nd St,North Miami Beach, FL 33162
$1,100,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,142 sq. ft.
  • Multi-family
  • Active
Listed by:david egozi
Office:jdm realty group, inc
MLS#:A11856839
Source:SEFMLS

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$513.54

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.

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Home facts

  • Year built:1958
  • Listing Id #:A11856839
  • Updated:August 19, 2025 at 11:50 PM

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:$1,100,000
  • Price per sq. ft.:$513.54
  • Tax amount:$12,022 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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