North Miami Beach, FL 33162 2151 NE 168th St
$2,500,000
4 more
Presented By: This listing is courtesy of Cube Realty
Beds • 1
Baths • 1
SQFT • 10,284
Home Details
Located just minutes from Greynolds Park, Oleta River Park, and the FIU Biscayne Bay Campus (1.5 miles northwest), this stable 12-unit multifamily asset offers an ideal blend of nature and convenience. Built in 1978 and constructed with durable concrete block, stucco finish, and gable roofs, the property features approximately 10,284 total square feet across a highly desirable unit mix:(10) 1-Bed / 1-Bath Lofts: Averaging ±650 sq. ft. each (6,500 sq. ft. total rentable)(2) 2-Bed / 1-Bath Units: Averaging ±850 sq. ft. each (1,700 sq. ft. total rentable)The property is priced to deliver an attractive projected 6.25% capitalization rate based on market-rate rent optimization. Residents enjoy exceptional lifestyle amenities and commuter connectivity, with Aventura Mall less than 9 minutes away, alongside immediate access to Biscayne Boulevard and I-95.
Presented By: This listing is courtesy of Cube Realty
Interior Features for 2151 NE 168th St
Bedrooms
Total Bedrooms1
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramicTile
General for 2151 NE 168th St
Assoc Fee Paid PerAnnually
CityNorth Miami Beach
Construction MaterialsBlock
CoolingElectric
CountyMiami-Dade
Directionsgoggle map
Full Baths1
HOA Fee$
HeatingOther
Legal DescriptionFULFORD 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
LevelsTwo
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area22
Net Operating Income175000
Number Of Units Total10
Occupancy TypeCallAgent
Operating Expense60000
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityNorth Miami Beach
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeResidentialIncome
Rent IncludesTrashCollection, Water
RoofOther
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameFULFORD BY THE SEA SEC D
Tax Annual Amount28600
Tax Year2025
Total Actual Rent235000
UtilitiesCableAvailable
Virtual TourClick here
Year Built1968
Year Built DetailsEffective Year Built
Zoning Description3800
Exterior for 2151 NE 168th St
Building Area Total10284
Covered Spaces
Lot FeaturesLessThanQuarterAcre
Total Parking9
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
Philip Michael Cerulli
Realtor®
