17031 21St Ave North Miami Beach, FL 33162
This exceptional 16-unit multifamily property, located at 17031 NE 21st Ave in North Miami Beach, Florida, presents a compelling investment opportunity. Built in 1961, this two-story garden-style building offers a mix of one- and two-bedroom units, each equipped with ceramic and vinyl flooring, electric appliances, and wall air conditioning. Residents enjoy convenient amenities including an on-site laundry room and a fenced-in swimming pool. The building has recently undergone a fresh coat of paint, enhancing its curb appeal. Importantly, the City of North Miami Beach has completed building recertification, ensuring structural and electrical safety until 2031. This property benefits from its location in a thriving North Miami Beach neighborhood experiencing significant growth. Its proximity to shopping centers, diverse restaurants, beautiful beaches, recreational parks, I-95, major airports, places of worship, and the Brightline train station provides unparalleled convenience and accessibility. The asking price for this well-maintained and strategically positioned multifamily investment is $3,600,000. This represents a strong opportunity to capitalize on the continued growth and desirability of this vibrant area. The property's strong rental income potential, coupled with its recent upgrades and favorable location, makes it an attractive investment for discerning buyers.
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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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
Similar Nearby for Lease
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.