Price Reduced 1.91%
Price History
$1,100,000
8/19/2025
$1,079,000
10/21/2025
$960,000
11/13/2025
$1,079,000
11/17/2025
1958 NE 172nd St, North Miami Beach, FL, 33162
1958
Fourplex
2,142 sqft
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.
Status:
Active
Type:
Multi-family
Zoning:
3800
Subdivision:
FULFORD BY SEA SEC B
Heating:
Wall Furnace
Cooling:
Wall/Window Unit(s)
Est. Taxes:
$12,022
Construction
Block
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Days on Market:
90
Pool:
None
MLS #:
A11856839
Community Info
School Info
Walk Score
Yelp
Listing courtesy of JDM Realty Group, Inc 786-301-1050