ActiveMLS# 112761150190 days on market
$1,079,000
$504 / sq ft
1958 NE 172nd St
North Miami Beach, FL, 33162
0Bedrooms
0Bathrooms
2,142Sq Ft
1958Year Built
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About This Property

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.

Key Features

  • Built in 1958

Property Details

  • Type: Single Family Home
  • Year Built: 1958
  • Sq Ft: 2,142
  • Price / Sq Ft: $504
  • HOA: Contact Agent
  • Bedrooms: 0
  • Bathrooms: 0
  • Feature: Built in 1958
  • Status: Active
  • MLS Number: 1127611501
  • Days on Market: 90
  • Listed By: MLS Listing
  • Zip Code: 33162
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$1,079,0001958 NE 172nd St, North Miami Beach, FL
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