Basic Information

  • Type Commercial
  • Year Built 1963
  • Total Sqft 3,310
  • Date Listed 08/27/2024
  • Days on Market 484
Description

Rare opportunity to purchase four (4) large 2BR/2BA condo units together in a well-maintained boutique building with only 12 units total. All units feature spacious layouts, abundant natural light, and strong value-add potential. No rental restrictions and low HOA fees allow for immediate income and strong rent-growth upside through renovations and market adjustments. Ideal for investors seeking stable cash flow with long-term appreciation. Prime location minutes from beaches, Aventura Mall, major highways, shopping, and dining. Seller prefers to sell all four units as a package, not individually. Exceptional opportunity to acquire 4 rental apartments in a well-maintained 12-unit building. All units include separate electric meters, and each tenant pay his own electricity The units included in the sale are: Apt. #5 – 750 SF Apt. #9 – 1,025 SF Apt. #11 – 750 SF Apt. #12 – 785 SF All Four Apartments are currently well below market rents, allowing for significant rental growth and improved cash flow as leases turn. Expenses Details: HOA Fee: $400/month per unit HOA Includes: Water + Garbage Tenant Paid: Electricity (separately metered) Selling as a portfolio only

Exterior Features

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

Interior Features

  • Adjusted Sqft 3,310Sq.Ft
  • Sqft 3,310 Sq.Ft

Property Features

  • Aprox. Lot Size 3,310
  • Furnished Info No
  • Short Sale Regular Sale
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $2,289
  • Tax Year 0

2072 NE 169th St #Apartments 5, 9, 11, 12

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: The Keyes Company. tel: 305-931-8920

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