16030 NE 19th Pl, North Miami Beach FL 33162

$875,000

$296/sq ft

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Overview

Year Built

1965

Sqft

2956

Property Type

Quadruplex

Property Description

Excellent investment opportunity in centrally located North Miami Beach, just off 163rd St. This four-unit property features long-term, month-to-month tenants in place, providing immediate income with strong upside potential. The building consists of one 2-bedroom, 1-bath unit and three 1-bedroom, 1-bath units. The property is in great overall condition, with rents currently below market value, offering an opportunity for future increases and improved returns. Unit highlights include: Unit #1 with granite countertops and central A/C; Units #1–#3 with central A/C; Unit #4 with wall unit A/C. Metal roof installed in 2019. Ideal for investors seeking cash flow with value-add potential in a high-demand rental area. Conveniently located near major roads, shopping, dining, and schools.

Property Details

MLS#

A12009530

Total Floor in Bldg

1

Building

FULFORD HEIGHTS

Address

16030 19th Pl NE

City

North Miami Beach

State/county

FL

Zip/Postal Code

33162

Area

Fulford Heights

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$9,775

Maint Fee

$--

Tax Year

2025

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Boris Gelfand