1958 NE 172nd St, North Miami Beach FL 33162

Description

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.

This quadruplex home located at 1958 NE 172nd St, North Miami Beach FL 33162 is currently for sale and has been available on Brickellsold for 90 days. This property is listed at $1M. It has N/A beds, N/A bathrooms, and is 2142 square feet. It was built in 1958. 1958 NE 172nd St, North Miami Beach FL 33162 is in North Miami Beach county Miami-Dade County.