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Property profile & analytics
FOR SALE
Quadplexes

2072 NE 169 St 12 North Miami Beach, FL 33162

Built 1963
Property ID
US18-Q010869
Property summary
AI-generated overview

PRICE REDUCTION NOW OFFER AT $1,045,000 FOR 4 APARTMENTS OF 2BED/2BATH- EXCELLENT LOCATION 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

Property profile
Verified
Property type Quadplexes
Year built 1963
UPID US18-Q010869
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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