1958 172nd St ,Detached, Quadruplex, Fulford By Sea Sec B en Venta

1958 172nd St en Venta

Precio $1,100,000.00

• Tamaño de lote 2142
• Año de construcción 1958
• Frente al agua
• Zip 33162
• Estilo Detached
• Parking Descripción
• Piscina Yes
• Estado Active

Descripción

This fully renovated 4-unit multifamily property in North Miami Beach?just minutes from Aventura Mall and Greynolds Park?offers a prime turnkey investment with strong, stable cash flow. Featuring three 1-bedroom units and one 2-bedroom unit, all leased long-term at $1,650?$2,350 per month, the property generates over $88,140 in gross scheduled income annually, with additional upside potential through Section 8 (1/1 rents up to ~$1,950). Upgrades include new kitchens, bathrooms, flooring, plumbing, mini-split A/C systems, and hurricane impact windows. With high rental demand, limited local inventory, and comparable sales supporting long-term appreciation, this is a rare opportunity to acquire a stabilized, cash-flowing asset in a rapidly tightening market.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls= For any questions or concerns please contact Cyril Egozi (786) 294-1360

9 52 42 PB 8-57 FULFORD BY THE SEA SEC B LOTS 12 & 13 BLK 35 LOT SIZE 5750 SQUARE FEET OR 20227-1626 01 2002 1 COC 25800-0477 07 2007 5

Less Than 1/4 Acre Lot

This fully renovated 4-unit multifamily property in North Miami Beach?just minutes from Aventura Mall and Greynolds Park?offers a prime turnkey investment with strong, stable cash flow. Featuring three 1-bedroom units and one 2-bedroom unit, all leased long-term at $1,650?$2,350 per month, the property generates over $88,140 in gross scheduled income annually, with additional upside potential through Section 8 (1/1 rents up to ~$1,950). Upgrades include new kitchens, bathrooms, flooring, plumbing, mini-split A/C systems, and hurricane impact windows. With high rental demand, limited local inventory, and comparable sales supporting long-term appreciation, this is a rare opportunity to acquire a stabilized, cash-flowing asset in a rapidly tightening market.

City:North Miami Beach,Zoning:3800,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:25.9340573,Cooling Y N:1,Heating Y N:1,List Price:1100000,Listing Id:A11856839,Longitude:-80.1612295,Mls Status:Active,Year Built:1958,Living Area:2142,Postal Code:33162,Street Name:172nd St,Coordinates:1:25.9340573,Photos Count:16,Building Name:FULFORD BY SEA SEC B,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:22,M L S Area Major:Fulford By Sea Sec B,On Market Date:2025-08-19,Parcel Number:07-22-09-004-2380,Property Type:Residential Income,Rent Includes:1:Trash Collection,2:Water,Stories Total:1,Street Number:1958,M I A M I R E_ Style:Fourplex,Public Remarks:This fully renovated 4-unit multifamily property in North Miami Beach?just minutes from Aventura Mall and Greynolds Park?offers a prime turnkey investment with strong, stable cash flow. Featuring three 1-bedroom units and one 2-bedroom unit, all leased long-term at $1,650?$2,350 per month, the property generates over $88,140 in gross scheduled income annually, with additional upside potential through Section 8 (1/1 rents up to ~$1,950). Upgrades include new kitchens, bathrooms, flooring, plumbing, mini-split A/C systems, and hurricane impact windows. With high rental demand, limited local inventory, and comparable sales supporting long-term appreciation, this is a rare opportunity to acquire a stabilized, cash-flowing asset in a rapidly tightening market.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:JDM Realty Group, Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3124,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:FULFORD BY SEA SEC B,Tax Annual Amount:12022,Unparsed Address:1958 NE 172nd St, North Miami Beach FL 33162,Listing Agreement:Exclusive Agency,Year Built Details:Resale,Building Area Total:2142,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:513.5387,Original List Price:1100000,Public Survey Range:22,I D X Participation Y N:1,Number Of Units Total:4,Syndication Remarks:This fully renovated 4-unit multifamily property in North Miami Beach?just minutes from Aventura Mall and Greynolds Park?offers a prime turnkey investment with strong, stable cash flow. Featuring three 1-bedroom units and one 2-bedroom unit, all leased long-term at $1,650?$2,350 per month, the property generates over $88,140 in gross scheduled income annually, with additional upside potential through Section 8 (1/1 rents up to ~$1,950). Upgrades include new kitchens, bathrooms, flooring, plumbing, mini-split A/C systems, and hurricane impact windows. With high rental demand, limited local inventory, and comparable sales supporting long-term appreciation, this is a rare opportunity to acquire a stabilized, cash-flowing asset in a rapidly tightening market.,Listing Contract Date:2025-08-19,Originating System I D:miamire,Public Survey Section:9,Showing Instructions:See Broker Remarks,Street Number Numeric:1958,Tax Legal Description:9 52 42 PB 8-57 FULFORD BY THE SEA SEC B LOTS 12 & 13 BLK 35 LOT SIZE 5750 SQUARE FEET OR 20227-1626 01 2002 1 COC 25800-0477 07 2007 5,Public Survey Township:22,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2142,M I A M I R E_ Internet Remarks:This fully renovated 4-unit multifamily property in North Miami Beach.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-08-19,Internet Address Display Y N:1,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:513.54,