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
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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Danielle Arnold

Danielle Arnold

+1(786) 387-0380
$ 1,100,000
Est. payment | /mo

2,142 SqFt

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$ 1,100,000
Est. payment | /mo
Save Virtual Tour

2,142 SqFt

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

Miami Association of Realtors (SEFMIAMI MLS)
Listed by JDM Realty Group, Inc
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+1(786) 387-0380

danielle.arnold@lptrealty.com

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1958 NE 172nd St