1999 168 St North Miami Beach, FL 33162
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 1999 168 St
- Year built
- 1963
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a six-unit apartment building located at 1999 NE 168th St, North Miami Beach, Florida 33162. Built in 1963, this multifamily residential property sits on a desirable corner lot within a well-established residential neighborhood in Northeast North Miami Beach. The property is conveniently situated near Biscayne Boulevard and the 163rd Street main corridor, offering easy access to Aventura Mall, Sunny Isles Beach, and other key attractions. All six units are spacious one-bedroom apartments, currently fully leased with existing leases in place, ensuring immediate cash flow. The property is zoned for multifamily residential use, providing stability and potential for future growth. This is an excellent opportunity for investors seeking a stable, income-generating asset in a prime North Miami Beach location. The asking price is $1,300,000. The property's central location and strong rental demand make it an attractive investment prospect. This well-maintained building offers a solid foundation for long-term growth and profitability. The corner lot provides additional potential for future development or expansion.
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
- -80.1604108
- Latitude
- 25.9309002
