New - 14 hrs ago

1958 NE 172nd St, Miami, FL 33162

2,142SqFt

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Details

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Status:
Active
Size: 2,142 SqFt (199 m2)
Price: $514/SqFt ($5,528/m2)
Type: Multi Family
Built: 1958
MLS Number: A11856839
On Site: N/A
Updated: 0 Days ago
Page Views: 0
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.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Vinyl
        • Windows/Treatment: ImpactGlass
        • Year Built: 1958
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-08-19T14:25:00.000-00:00
          Taxes, Fees & More
          • Taxes: 12022

          Price History

          08/11/2025

          Date

          Listed

          Event

          $1.1M

          Price

          $514 ft2 / $5,528 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by David EgoziJDM Realty Group, Inc • Buyer Agency Compensation .

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