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Four Apartments in Boutique Building
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2072 NE 169th St # 12, North Miami Beach, FL 33162

Four units in North Miami Beach with value-add potential.

Property Size1,025 SF
Price / SF$1,019
Days on Market708

Property Features for 2072 NE 169th St # 12

General Information

Standard status Active
Size 1,025 SF
Property subtype Multifamily

Building Details

Year Built 1963
Listing Agency: The Keyes Company
Listed By: David Heinrich · License #3187652
Source: Crexi
Added: Aug 28, 2024 Changed: Jul 10 Last Checked: Aug 5 at 10:55AM

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 The Keyes Company

Investment Insights

Based on property information with market context.

Four apartments are available for purchase as a package in a well-maintained boutique building containing a total of 12 units. The units feature spacious layouts and abundant natural light, offering value-add potential. There are no rental restrictions and low HOA fees. The units included in the sale are: Apt. #5 (750 SF), Apt. #9 (1,025 SF), Apt. #11 (750 SF), and Apt. #12 (785 SF). All four apartments are currently rented below market value. The HOA fee is $400 per month per unit and includes water and garbage. Each unit has a separate electric meter, and tenants pay their own electricity. The property is located minutes from beaches, Aventura Mall, major highways, shopping, and dining.

Key Highlights

  • Four 2BR/2BA condo units offered as a package in a prime location near beaches and Aventura Mall.
  • Significant rental growth potential due to below‑market rents.
  • No rental restrictions and low HOA fees ($400/month per unit).

Property Analytics

Current Use

Quadplexes

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.

Location Intelligence

Trade Area within ½ mile

2,640
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four units in North Miami Beach with value-add potential.
Where is this quadplex located?
The property is located at 2072 NE 169th St # 12 North Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,045,000.
What are key features of this property?
This property features: Four 2BR/2BA condo units offered as a package in a prime location near beaches and Aventura Mall.; Significant rental growth potential due to below‑market rents.; No rental restrictions and low HOA fees ($400/month per unit).
(305) 926-3106 Call to check price and availability
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