1985 172Nd St North Miami Beach, FL 33162
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 1985 172Nd St
- Year built
- 1955
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a well-maintained fourplex located in a desirable North Miami Beach residential neighborhood at 1985 NE 172nd St, 33162. Built in 1955, this two-story building comprises four one-bedroom, one-bathroom units, each equipped with central air conditioning. The property is in excellent condition and benefits from its prime location, offering convenient access to Aventura Mall, Sunny Isles Beach, and North Miami. The strong rental demand in this highly sought-after area ensures a consistent income stream for the investor. The asking price for this multifamily property is $895,000. This represents a compelling opportunity to acquire a stable, income-generating asset in a thriving Florida market. The property's solid construction and desirable location make it an attractive investment for both seasoned and new investors seeking a strong return on investment. The building's excellent condition minimizes immediate capital expenditure needs, allowing for a quicker path to profitability. Don't miss this chance to secure a piece of North Miami Beach's vibrant real estate market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1609
- Latitude
- 25.9347
