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1958 NE 172 St North Miami Beach, FL 33162

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For Sale
$1,079,000

Fully renovated 4-unit property near Aventura Mall.

Property Features for 1958 NE 172 St

General Information

Property type
Investment
Standard status
Active

Building Details

Year built
1958

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Listing Contact
David Egozi
Source: Elliman

Listing Agent: David Egozi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Renovated Multifamily Property in Miami

This fully renovated 4-unit multifamily property is located in North Miami Beach, minutes from Aventura Mall and Greynolds Park. It is a turnkey investment with stable cash flow. The property features three 1-bedroom units and one 2-bedroom unit, all leased long-term at rents ranging from $1,650 to $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. The property presents an opportunity to acquire a stabilized, cash-flowing asset in a market with high rental demand and limited local inventory.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
North Miami Beach
County
Miami-Dade
State
Florida
Longitude
-80.178
Latitude
25.9282

FAQs

What type of property is this?
Quadplex - Fully renovated 4-unit property near Aventura Mall.
Where is this quadplex located?
The property is located at 1958 NE 172 St North Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,079,000.
What are key features of this property?
This property features: - Strong, stable cash flow with over $88,140 in gross scheduled income annually.; - **Fully renovated with new kitchens, bathrooms, flooring, plumbing, mini-split A/C systems, and hurricane impact windows.**; - Prime location in North Miami Beach, minutes from Aventura Mall and Greynolds Park.
More about this property
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