Basic Information

  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Fulford By Sea Sec B
  • Year Built 1958
  • Total Sqft 2,142
  • Date Listed 08/19/2025
  • Days on Market 104
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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description

Interior Features

  • Adjusted Sqft 2,142Sq.Ft
  • Sqft 2,142 Sq.Ft

Property Features

  • Aprox. Lot Size 2,142
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Fulford By Sea Sec B
  • Tax Amount $12,022
  • Tax Year 2024

1958 NE 172nd St

North Miami Beach, FL 33162

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: JDM Realty Group, Inc. tel: 786-301-1050

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