1958 NE 172nd St, North Miami Beach FL 33162

For sale Days on market 90

FULFORD BY SEA SEC B [ Quadruplex ]

$1,079,000

$504/sq ft

$21,000
Price Decreased

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Overview

Year Built

1958

Sqft

2142

Property Type

Quadruplex

Property 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.

Property Details

MLS#

A11856839

Total Floor in Bldg

Building

FULFORD BY SEA SEC B

Address

1958 172nd St NE

City

North Miami Beach

State/county

Zip/Postal Code

33162

Area

Fulford By Sea Sec B

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$12,022

Maint Fee

$--

Tax Year

2024

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