FL > North Miami Beach > Fulford By Sea Sec B
North Miami Beach, FL 33162,1958 NE 172nd St
North Miami Beach, FL 33162,1958 NE 172nd St
North Miami Beach, FL 33162,1958 NE 172nd St
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Jessica Dorregaray

Jessica Dorregaray

+1(786) 876-1998
$1,100,000
Est. payment /mo
2,142 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,142 sqft

Price per Sqft $513

Subdivision Fulford By Sea Sec B

MLS Listing ID A11856839

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1958

Annual Tax Amount $12,022

Tax Year 2024

Property Sub-Type Quadruplex

Property Description

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.

Location

State FL

County Miami-dade

Community Fulford By Sea Sec B

Area 22

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl

Window Features Impact Glass

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 07-22-09-004-2380

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11856839

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by JDM Realty Group, Inc

Learn More About LPT Realty

agent

Jessica Dorregaray

+1(786) 876-1998

Agent | License ID: 3511327

Agent License ID: 3511327

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1958 NE 172nd St