North Miami Beach, FL 33162 1958 NE 172nd St
$1,079,000



11 more











Presented By: This listing is courtesy of JDM Realty Group, Inc
Home Details
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.
Presented By: This listing is courtesy of JDM Realty Group, Inc
Interior Features for 1958 NE 172nd St
Bedrooms
Total Bedrooms1
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringVinyl
Heating Y/NYes
Window FeaturesImpact Glass
General for 1958 NE 172nd St
Architectural StyleFourplex
CityNorth Miami Beach
Construction MaterialsBlock
CoolingWall/Window Unit(s)
CountyMiami-Dade
Full Baths1
HeatingWall Furnace
Legal Description9 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
LevelsOne
Listing TermsCash, Conventional
Lot Size UnitsSquare Feet
MLS Area22
Number Of Units Total1
Occupancy TypeTenant
Pool FeaturesNone
PossessionSubject To Tenant Rights
PostalCityNorth Miami Beach
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent IncludesSewer, Trash Collection, Water
RoofShingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameFULFORD BY SEA SEC B
Tax Annual Amount12022
Tax Year2024
UtilitiesCable Available
Virtual TourClick here
Year Built1958
Year Built DetailsResale
Zoning Description3800
Exterior for 1958 NE 172nd St
Building Area Total2142
Covered Spaces
Lot Features< 1/4 Acre
Total Parking0
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Lizz Hernandez Salazar
Realtor®
SQFT • 2,142