Price Reduced 2.27%

$1,075,000 ($1,048.78 per sqft)

Est. Mortgage $5,225/mo *

Quick Pre-Approval

Price History

$1,100,000
8/27/2024

$1,045,000
9/17/2024

$1,099,000
11/18/2024

$1,045,000
11/19/2024

$1,099,000
11/20/2024

$1,045,000
11/25/2024

$999,000
1/17/2025

$1,077,000
2/11/2025

$1,100,000
2/21/2025

$1,075,000
9/4/2025


2072 NE 169th St, #9, 11, 12 & 5, North Miami Beach, FL, 33162

2072 NE 169th St, #9, 11, 12 & 5, North Miami Beach, FL, 33162

8 beds

8 Full baths

1963

Other

1,025 sqft

PRICE REDUCED – FANTASTIC MULTIFAMILY INVESTMENT OPPORTUNITY Exceptional opportunity to acquire 4 rental apartments in a well-maintained 12-unit building. All units include separate electric meters, and tenants pay their own electricity All units included in the sale Unit #5 – 750 SF | Rented at $1,800/month Unit #9 – 1,025 SF | Rented at $1,685/month Unit #11 – 750 SF | Vacant Unit #12 – 785 SF | Rented at $1,500/month Value-Add Upside Units are currently well below market rents, allowing for significant rental growth and improved cash flow as leases turn. Operating Details HOA Fee: $400/month per unit HOA Includes: Water + Garbage Tenant Paid: Electricity (separately metered) Pricing Selling as a portfolio only: $268,750 per unit Total Investment: $1,075,000


Status:

Active

Type:

Condo

Complex:

2072 NE 169 ST CORP CONDO

Garage:

On Street

Heating:

Other

Cooling:

Central Air

Levels:

2

Common Charge:

$400 Monthly

Est. Taxes:

$2,286

HOA Fee

$400

Construction

Other

View Description:

Other

Amenities:

Other

Days on Market:

425

Pet Allowed:

No

Appliances:

Electric Range, Refrigerator

MLS #:

A11648951


Community Info

School Info

Walk Score

Yelp



Listing courtesy of The Keyes Company 305-931-8920