What is the asking price and what does it include?

The list price for 2151 NE 168th St, North Miami Beach FL 33162 is $2,500,000. The property is a Multi Family with — bedrooms, — bathrooms, approximately 10284 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 2151 NE 168th St, North Miami Beach FL 33162 in North Miami Beach, 33162. Coordinates are approximately , . Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in North Miami Beach — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 2,500,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 2151 NE 168th St, North Miami Beach FL 33162.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

2151 NE 168th St, North Miami Beach FL 33162 | Miami-Dade County

Residential Income Active

2151 NE 168th St, North Miami Beach FL 33162 | Miami-Dade County | A12027192

$2,500,000

Description

Located just minutes from Greynolds Park, Oleta River Park, and the FIU Biscayne Bay Campus (1.5 miles northwest), this stable 12-unit multifamily asset offers an ideal blend of nature and convenience. Built in 1978 and constructed with durable concrete block, stucco finish, and gable roofs, the property features approximately 10,284 total square feet across a highly desirable unit mix:(10) 1-Bed / 1-Bath Lofts: Averaging ±650 sq. ft. each (6,500 sq. ft. total rentable)(2) 2-Bed / 1-Bath Units: Averaging ±850 sq. ft. each (1,700 sq. ft. total rentable)The property is priced to deliver an attractive projected 6.25% capitalization rate based on market-rate rent optimization. Residents enjoy exceptional lifestyle amenities and commuter connectivity, with Aventura Mall less than 9 minutes away, alongside immediate access to Biscayne Boulevard and I-95.

Address

Open on Google Maps

Address: 168th St
City: North Miami Beach
State/county: Miami-Dade County
Zip/Postal Code: 33162
Area: FULFORD BY THE SEA SEC D

Details

Updated on June 1, 2026 at 6:38 pm

Property ID A12027192
Price $2,500,000
Property Size 10284 Square Feet
Year Built 1968
Type Multi Family
Property Status Residential Income

Additional details

AssociationFee 0
AssociationFeeFrequency Annually
BuildingAreaTotal 10284
BuildingAreaUnits Square Feet
BuildingName FULFORD BY THE SEA SEC D
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-05-28
Cooling Electric
DaysOnMarket 4
Directions goggle map
DocumentsAvailable Rent Rolls, Service Contracts
ExpirationDate 2026-11-30
Flooring Ceramic Floor
Heating Other
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-285-9230
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Fulford By The Sea Sec D
MajorChangeTimestamp June 1, 2026 at 04:04pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp June 1, 2026 at 07:00pm
NetOperatingIncome 175000
NumberOfUnitsInCommunity 2
NumberOfUnitsTotal 12
OnMarketDate 2026-05-28
OperatingExpense 60000
OriginalEntryTimestamp June 1, 2026 at 04:04pm
OriginalListPrice 2500000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 07-22-09-006-2240
ParkingTotal 9
PhotosCount 0
PostalCode 33162
PostalCodePlus4 3398
PriceChangeTimestamp May 29, 2026 at 12:08am
PublicSurveyRange 22
PublicSurveySection 9
PublicSurveyTownship 22
RentIncludes Trash Collection, Water
Roof Other
Sewer Public Sewer
ShowingInstructions 24 Hour Notice
SourceSystemKey 498806866
StateOrProvince FL
StatusChangeTimestamp June 1, 2026 at 04:04pm
Stories 2
StoriesTotal 2
StreetDirPrefix NE
StreetName 168th St
StreetNumber 2151
StreetNumberNumeric 2151
StructureType Quadruplex, Multi Family
SyndicationRemarks Located just minutes from Greynolds Park, Oleta River Park, and the FIU Biscayne Bay Campus (1.5 miles northwest), this stable 12-unit multifamily asset offers an ideal blend of nature and convenience. Built in 1978 and constructed with durable concrete block, stucco finish, and gable roofs, the property features approximately 10, 284 total square feet across a highly desirable unit mix:(10) 1-Bed / 1-Bath Lofts: Averaging ±650 sq. ft. each (6, 500 sq. ft. total rentable)(2) 2-Bed / 1-Bath Units: Averaging ±850 sq. ft. each (1, 700 sq. ft. total rentable)The property is priced to deliver an attractive projected 6.25% capitalization rate based on market-rate rent optimization. Residents enjoy exceptional lifestyle amenities and commuter connectivity, with Aventura Mall less than 9 minutes away, alongside immediate access to Biscayne Boulevard and I-95.
TaxAnnualAmount 28600
TaxLegalDescription FULFORD BY THE SEA SEC D PB 8-58 LOTS 23 & 24 BLK 54 LOT SIZE 11500 SQUARE FEET OR 16180-2520 1293 1 COC 22931-4195 12 2004 1
TaxYear 2025
TotalActualRent 235000
YearBuiltDetails Effective Year Built
Zoning 3800