1958 NORTH EAST 172ND ST #4, North Miami Beach
$1,079,000 USD
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| Address | 1958 NORTH EAST 172ND ST #4, North Miami Beach |
| Building Name | FULFORD BY SEA SEC B |
| Type of Property | Quadruplex |
| Property Style | Quadruplex |
| Price | $1,079,000 |
| Previous Price | $960,000 (134 days ago) |
| Property Status | Active |
| MLS Number | A11856839 |
| Living Area | 2142 |
| Year Built | 1958 |
| Folio Number | 07-22-09-004-2380 |
| Zoning Information | 3800 |
| Days on Market | 224 |
Detailed 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.
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Address Information
| State | Florida |
| City | North Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33162 |
| Address | 1958 NORTH EAST 172ND ST |
| Section | 9 |
| Zip Code (4 Digits) | 3124 |
Financial Information
| Price | $1,079,000 |
| Price per Foot | $0 |
| Previous Price | $960,000 |
| Folio Number | 07-22-09-004-2380 |
| Tax Amount | $12,022 |
| Tax Year | 2024 |
| Possession Information | Rental Agreement |
Full Descriptions
| Detailed 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. |
| Roof Description | Shingle |
| Floor Description | Vinyl |
| Cooling Description | Wall / Window Unit (s) |
| Heating Description | Window / Wall |
| Sewer Description | Public Sewer |
Property parameters
| Living Area | 2142 |
| Zoning Information | 3800 |
| Year Built | 1958 |
| Type of Property | Quadruplex |
| Style | Quadruplex |
| Building Name | FULFORD BY SEA SEC B |
| Development Name | FULFORD BY SEA SEC B |
| Construction Type | Concrete Block Construction |
| Stories Number | 1.000 |
| Street Direction | North East |
| Listed with | JDM Realty Group, Inc |