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Listed price in listed location currency (USD).
$1,079,000

000

MLS® A11856839

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 2142 sqft
Garage No
Taxes $12,022
Days Active 220
Lot Size 
Approx. Age 1958
Avg. Price Per Sqft $503
MLS® Number A11856839

Property Address: 1958 Ne 172nd St, North Miami Beach, FL, 33162-3124

Average square foot calculated using Size range provided by listing agent.

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 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.
MLS® NumberA11856839
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1958
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 19, 2025List Date
$1,079,000List Price

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