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Property profile & analytics
OFF-MARKET
Apartment buildings

1945 171St St North Miami Beach, FL 33162

Built 1958
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1958
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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