$1,079,000
1958 NE 172nd St
North Miami Beach, FL, 33162
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
Price:
$1,079,000
MLS #:
A11856839
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
FULFORD BY SEA SEC B
Neighborhood:
fulfordbyseasecb
Listed Date:
Aug 19, 2025
Finished Sq Ft:
2,142
Total Sq Ft:
2,142
Year Built:
1958
Units:
4
Schools
Interior
Cooling
Wall/Window Unit(s)
Flooring
Vinyl
Heating
Window/Wall
Exterior
Architectural Style
Detached
Construction Materials
Concrete Block Construction
Roof
Shingle
Financial
Tax Year
2024
Taxes
$12,022
Mortgage Calculator
Map
Current real estate data for Multi Family in North Miami Beach as of Oct 22, 2025
8
Multi Family Listed
140
Avg DOM
463
Avg $ / SqFt
$845,238
Avg List Price
Community
- Address1958 NE 172nd St North Miami Beach FL
- SubdivisionFULFORD BY SEA SEC B
- CityNorth Miami Beach
- CountyMiami-Dade County
- Zip Code33162
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Property Summary
- Located in the FULFORD BY SEA SEC B subdivision, 1958 NE 172nd St North Miami Beach FL is a Multi Family for sale in North Miami Beach, FL, 33162. It is listed for $1,079,000

1958 NE 172nd St
North Miami Beach, FL