1945 171St St North Miami Beach, FL 33162
This exceptional 1958-built, single-story triplex in North Miami Beach, Florida, presents a compelling investment opportunity. Located at 1945 NE 171st St, 33162, this property boasts three units: a 2-bedroom, 2-bathroom unit, and two 1-bedroom, 1-bathroom units. Each unit features modern upgrades including granite countertops, stainless steel appliances, and hurricane impact windows. The property also benefits from recently installed air conditioning units and new washers and dryers in each unit. Separate meters for each unit provide efficient utility management. Currently occupied by long-term and month-to-month tenants, this property offers immediate income potential with the opportunity to increase rental rates to reflect current market values. Its prime location in North Miami Beach offers easy access to Victory Pool Center, Littman Theater, NMB Parks and Recreation, and is just 10 minutes from the beach. Nearby amenities include Aventura Mall, diverse restaurants and shops, quality schools, houses of worship, and two international airports. The asking price for this meticulously maintained property is $820,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.