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12-Unit Apartment Building
For Sale
$1,200,000
Pending

2040 NE 170 ST, North Miami Beach, FL 33162

Renovated interiors feature updated kitchens, bathrooms, appliances, windows, fixtures, and tile flooring.

Property Size10,000 SF
Days on Market4925

Property Features for 2040 NE 170 ST

General Information

Standard status Pending
Size 10,000 SF
Property subtype General Commercial

Units

Unit Mix 12 x 1BR/1BA
Multifamily Units 12

Additional Details

Gross Income $133,500
Highway Access Yes

Taxes and HOA fees

Annual Taxes $9,019

Amenities

3
12 Parking Spaces.

Building Details

Year Built 1968
Listing Agency: MAR NON MLS MEMBER
Listed By: Alvaro Sandoval · License #3109419
Source: Xome
Added: Mar 10, 2013 Changed: Aug 30 Last Checked: Aug 30 at 8:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MAR NON MLS MEMBER

Investment Insights

Based on property information with market context.

This 10,000-square-foot apartment property contains 12 one-bedroom, one-bath residences with open layouts. Interior improvements include remodeled kitchens and bathrooms, updated cabinetry, appliances, fixtures, windows, and tile flooring throughout the units. The building was constructed in 1968 and is accompanied by 12 parking spaces.

Located at 2040 NE 170 ST in North Miami Beach, the property is near shopping centers, restaurants, the North Miami Beach Police Department, Biscayne Boulevard, and the 826. The beaches and Aventura Mall are also within the surrounding area.

Key Highlights

  • 12 one‑bedroom, one‑bath apartment units
  • 10,000 square feet of building area
  • Updated kitchens, bathrooms, cabinetry, appliances, fixtures, and windows

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Grocery & Convenience Store Auto Parts Store Nursing Home Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,074
Businesses Nearby

Demographics for 33162, FL

45,277
Population
16,719
Households
2.7
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
5.3 sq mi
ZIP Area
8,543
Density / Sq Mi
$55,993
Median Household Income
$31,848
Median Earnings
$1,535
Median Rent
$345,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated interiors feature updated kitchens, bathrooms, appliances, windows, fixtures, and tile flooring.
Where is this apartment building located?
The property is located at 2040 NE 170 ST North Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 12 one‑bedroom, one‑bath apartment units; 10,000 square feet of building area; Updated kitchens, bathrooms, cabinetry, appliances, fixtures, and windows
More about this property
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