1958 NE 172nd St, North Miami Beach FL 33162 | Miami-Dade County | A11856839

1958 NE 172nd St, North Miami Beach FL 33162

Residential Income Active

$1,100,000

11 More

Type
Quadruplex

2142 Square Feet
Area Size

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Residential Income Active

1958 NE 172nd St, North Miami Beach FL 33162 | Miami-Dade County | A11856839

1958 NE 172nd St, North Miami Beach FL 33162

$1,100,000

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.

Address

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Address: 172nd St
City: North Miami Beach
State/county: Miami-Dade County
Zip/Postal Code: 33162
Area: FULFORD BY SEA SEC B

Details

Updated on August 20, 2025 at 1:51 am

Property ID A11856839
Price $1,100,000
Property Size 2142 Square Feet
Year Built 1958
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached
BuildingAreaTotal 2142
BuildingAreaUnits Square Feet
BuildingName FULFORD BY SEA SEC B
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2025-08-19
Cooling Wall/Window Unit(s)
DaysOnMarket 0
DocumentsAvailable Other Available Information
Flooring Vinyl
Heating Window/Wall
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-301-1050
ListAgentEmail degozi@jdm-realty.com
ListAgentFullName David Egozi
ListAgentKey f56090a4c4220187c00616b708a496c2
ListAgentMlsId 3207504
ListAgentOfficePhone 786-301-1050
ListAgentStateLicense 3207504
ListOfficeKey 1b29293a2951c036ae68a538843b90ee
ListOfficeMlsId JDMR01
ListOfficeName JDM Realty Group, Inc
ListOfficePhone 786-301-1050
ListingAgreement Exclusive Agency
ListingContractDate 2025-08-19
ListingKey c9604e688b004acd4cd375d2de9574f8
ListingTerms All Cash,Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Fulford By Sea Sec B
MajorChangeTimestamp August 19, 2025 at 06:25pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp August 19, 2025 at 11:00pm
NumberOfUnitsInCommunity 4
NumberOfUnitsTotal 4
OnMarketDate 2025-08-19
OriginalEntryTimestamp August 19, 2025 at 06:25pm
OriginalListPrice 1100000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 07-22-09-004-2380
ParkingTotal 0
PhotosChangeTimestamp August 19, 2025 at 07:09pm
PhotosCount 16
Possession Rental Agreement
PostalCodePlus4 3124
PriceChangeTimestamp August 11, 2025 at 08:35pm
PublicSurveyRange 22
PublicSurveySection 9
PublicSurveyTownship 22
RentIncludes Sewer,Trash Collection,Water
Roof Shingle
Sewer Public Sewer
ShowingInstructions See Broker Remarks
SourceSystemKey 419134789
StateOrProvince FL
StatusChangeTimestamp August 19, 2025 at 06:25pm
Stories 1
StoriesTotal 1
StreetDirPrefix NE
StreetName 172nd St
StreetNumber 1958
StreetNumberNumeric 1958
StructureType Quadruplex,Fourplex
SyndicationRemarks 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.
TaxAnnualAmount 12022
TaxLegalDescription 9 52 42 PB 8-57 FULFORD BY THE SEA SEC B LOTS 12 & 13 BLK 35 LOT SIZE 5750 SQUARE FEET OR 20227-1626 01 2002 1 COC 25800-0477 07 2007 5
TaxYear 2024
WindowFeatures Clear Impact Glass
YearBuiltDetails Resale
Zoning 3800