1958 NE 172nd St North Miami Beach FL 33162 MLS #A11856839

1958 NE 172nd St
North Miami Beach, FL, 33162
$1,079,000
Beds
0 Baths
2,142 SqFt
0 Acres
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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
Fulford By Sea Sec BFulfordbyseasecbFulford By Sea Sec B

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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

Map

Community

Market Summary

Current real estate data for Multi Family in North Miami Beach as of Jan 17, 2026
11
Multi Family Listed
125
Avg DOM
425
Avg $ / SqFt
$827,245
Avg List Price

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

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North Miami Beach, FL

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